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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.

Anne-Marie de Chalambert*

Independent Director

Anne-Marie de Chalambert*

Independent Director

Anne-Marie de Chalambert began her career in 1962 as press secretary at Pathé-Marconi. In 1969, she moved into property development within the Valois region as commercial director. In 1980, she founded VLGI (Vente Location Gestion Immobilière), a subsidiary of Banque Lazard, where she was Chairman and Chief Executive Officer. In 1996, she joined Generali as Real Estate Director. She then became Chairman and Chief Executive Officer of Generali Immobilier, where she transformed Generali France’s primarily residential portfolio into a portfolio consisting of primarily office properties, mostly in Paris and the Paris region. She was appointed Chairman of Generali Real Estate Europe in 2004, where she unites the group’s various European real estate teams and invests in communal projects. In 2009, she took up the role of Chairman of the European Real Estate Committee at Generali Immobiliare. Since 2010, she has acted as a consultant to Institut Pasteur in its real estate strategy.

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.