Remuneration of corporate officers
Remuneration of corporate officers
REMUNERATION OF CORPORATE OFFICERS
The 2021 Universal Registration Document includes a complete description of the components of remuneration for the corporate officers of L’ Air Liquide S.A., including in particular the following components on which the General Meeting of May 4, 2022 is invited to vote:
- with regard to the Chairman and Chief Executive Officer: the components which make up the total remuneration and the benefits of all kinds paid during 2021 or awarded in respect of 2021. These elements are described on pages 190 to 198 of the 2021 Universal Registration Document and are the subject of the 12th resolution proposed to the General Meeting;
- with regard to the Chairman and Chief Executive Officer and the Directors of L’Air Liquide S.A.: the components of remuneration presented in the Report on Corporate Governance pursuant to article L. 22-10-9 I of the French Commercial Code. These components include in particular the total remuneration and the benefits of all kinds paid in 2021 or awarded in respect of 2021 to each corporate officer, as well as the ratios between the level of remuneration of the Executive Officer and the average and median remunerations of the Company’s employees (given that a ratio on the “whole of France” consolidated scope was also added this year). The comparative change in remuneration and the change of the Company’s performances over the five most recent fiscal years are presented as well. These elements are described on pages 171 to 189 of the 2021 Universal Registration Document and are the subject of the 13th resolution proposed to the General Meeting;
- with regard to all the corporate officers of L’ Air Liquide S.A.: the remuneration policy applicable to corporate officers, which is presented on pages 199 to 212 of the 2021 Universal Registration Document and which is governed:
- by the 14th resolution with respect to the Chairman and Chief Executive Officer (concerning Mr Benoît Potier for the period running from January 1, 2022 to May 31, 2022),
- by the 15th resolution with respect to the Chief Executive Officer (concerning Mr François Jackow with effect from June 1, 2022),
- by the 16th resolution with respect to the Chairman of the Board of Directors under a separated governance mode (concerning Mr Benoît Potier with effect from June 1, 2022), and
- by the 17th resolution with respect to the Directors.