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Appointments and Compensation Committee

The Appointments and Compensation Committee has at least three members. It has at its disposal, in liaison with the Chief Executive Officer, the services of the support divisions of the Company and its subsidiaries. In the performance of its assignment, it may call on any outside advisor or expert it deems useful.

 

The Committee meets at least twice a year, meetings being called by the Chairman, who may organize any additional meetings as circumstances require.

 

The assignments of the Appointments and Compensation Committee are:

 

  • to prepare decisions on the remuneration of the Chief Executive Officer and any Chief Operating Officer(s) and to propose, as required, qualitative and quantitative criteria for determining the variable portion of such remuneration;

  • to assess all the other benefits and compensation awarded to the Chief Executive Officer and any Chief Operating Officer(s);

  • to consider proposed stock option and free share plans for employees and senior managers so that the Board of Directors can set the aggregate or individual number of options or shares awarded and the terms and conditions for awarding them;

  • to examine the composition of the Board of Directors;

  • to examine candidacies for directorships, having regard to the candidates' business experience and skills and the extent to which they are representative in economic, social and cultural terms;

  • to consider candidacies for the position of Chief Executive Officer and, where applicable, of Chief Operating Officer;

  • to obtain disclosure of all useful information relating to the methods of recruitment, remuneration and status of the senior executives of the Company and its subsidiaries;

  • to make any proposals and issue any opinion on the directors' fees or other remuneration and benefits granted to directors and non-voting members;

  • to assess the position of each director in light of any relationship they might have with the Company or with Group companies that might compromise their freedom of judgment or lead to potential conflicts of interest with the Company;

  • to carry out regular appraisals of the Board of Directors.

The Appointments and Compensation Committee is made up of five members, appointed for the duration of their term of office as director.

*Independent director

Michel Savart

Chairman and Chief Executive Officer of Foncière Euris

Michel Savart

Chairman and Chief Executive Officer of Foncière Euris

Michel Savart is a graduate of the École Polytechnique and the École Nationale Supérieure des Mines de Paris. He started his career with Havas in 1986, then moved to Banque Louis Dreyfus in 1987, where he led various projects. Between 1988 and 1994 he managed projects for Banque Arjil (Lagardère Group) and advised the bank’s management board. From 1995 to 1999 he served as Managing Director of Mergers & Acquisitions at Dresdner Kleinwort Benson (DKB). In October 1999, Mr Savart joined Euris-Rallye as Head of Private Equity Investments and Advisor to the Chairman.

Jacques Dumas

Chief Operating Officer of Euris

Jacques Dumas

Chief Operating Officer of Euris

Jacques Dumas has a Master’s Degree in Law from the Lyon Institute of Political Science. He started his career in 1978 with CFAO (Compagnie Française de l’Afrique Occidentale), first as Corporate Counsel then as Administrative Director until 1986. In 1987 he joined Rallye as Deputy Corporate Secretary, then became Head of Legal Affairs of Groupe Euris in 1994. He is currently Chief Operating Officer of Euris and Advisor to the Chairman of Casino Guichard-Perrachon.

Dominique Dudan*

Independent Director

Dominique Dudan*

Independent Director

After scientific studies, Dominique Dudan joined the real estate industry. Admitted as a Member of the Royal Institution of Chartered Surveyors (MRICS), she has become a Fellow. Between 1996 and 2005, Dominique Dudan held the position of Head of Development with Accor Hotels & Resorts. She later joined HSBC Reim as Head of Operations and member of the Management Board, and then BNP Paribas Reim as Executive Vice-President and Head of Regulated Real Estate Funds. In 2009, Dominique Dudan created her own firm, Artio Conseil, while holding the position of Chief Executive Officer of Arcole Asset Management. In 2011, Dominique Dudan became Chairman of Union Investment Real Estate France, a position she held until July 2015. She has been a member of the Board of Directors of Gecina since 2015, and a member of the Supervisory Board of Swiss Life Reim (France) since 2017. Dominique Dudan is also a member of RICS France, of the MEDEF Economic Commission for the Groupement de Professions de Services, of the Cercle des Femmes de l’Immobilier, of the Club de l'Immobilier d’Île-de-France, of the Institut d'Études Immobilières et Foncières, and of the VoxFemina association. She is a Chevalier of the French National Order of Merit.

Victoire Boissier*

Chief Operating Officer Group finance – Les petits chaperons rouges

Victoire Boissier*

Chief Operating Officer Group finance – Les petits chaperons rouges

With degrees from EM Lyon (major in Finance) and the INSEAD International Executive Program, Victoire Boissier began her career in 1990 in the banking sector (Barclays), then in 1992 she joined La Générale de Restauration as Management Controller. Between 1995 and 2008 she held a series of positions within Yum France: Planning Analyst, Head of Strategic Planning, Financial Controller and Manager, Chief Financial Officer, member of the Management Committee and person in charge of management control, internal auditing, IT, accounting, finances and property. From 2009 to 2017, Victoire Boissier was Chief Financial Officer of Louvre Hôtels Group, and a member of its Executive Committee. In May 2017, Victoire Boissier was appointed Chief Operating Officer Group finance for the Company Les petits chaperons rouges. In 2011 she was approached by one of the founders of the Gascogne Group, and was a member of its Board of Directors, Strategic Committee and Accounts Committee until 2014.

Elisabeth Cunin-Dieterle*

Chairman of the appointments and Compensation Committee - Chairman of the Management Board of the Camaïeu Group

Elisabeth Cunin-Dieterle*

Chairman of the appointments and Compensation Committee - Chairman of the Management Board of the Camaïeu Group

Elisabeth Cunin-Dieterle holds degrees from the École Polytechnique, ENSAE and Sciences Po Paris. She began her career at consulting firm McKinsey, before moving into the retail sector, firstly with Dia and then with Etam. She became Chief Executive Officer of André in 2001 and then of Etam Lingerie in 2005. In 2011, Ms Cunin-Dieterle became Chairman of Comptoir des Cotonniers and Princesse Tam Tam, brands owned by Japanese group Fast Retailing, which also owns Uniqlo. Since october 2013, she has been appointed Chairman of the Management Board at Camaïeu.