APC 2011 Annual Report Download - page 130

128 2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
CORPORATE GOVERNANCE
3MANAGEMENT INTERESTS ANDCOMPENSATION
Summary table of the remuneration of each corporate officer
Jean-Pascal TRICOIRE Financial year 2011 Financial year 2010
President and CEO Amounts due for the
fi nancial year Amounts paid during the fi nancial year Amounts due for the fi nancial year Amounts paid during the fi nancial year
Fixed remuneration 900,000 900,000 850,000 850,000
Variable remuneration 1,197,900 1,468,800 1,468,800 1,147,500
Exceptional remuneration 0 0 0 0
Attendance fees 0 0 0 0
Benefi ts in kind (company car) 3,197 3,197 5,146 5,146
TOTAL 2,101,097 2,371,997 2,323,946 2,002,646
Emmanuel BABEAU Financial year 2011 Financial year 2010
Member of the Management Board Amounts due for the
fi nancial year Amounts paid during the fi nancial year Amounts due for the fi nancial year Amounts paid during the fi nancial year
Fixed remuneration 500,000 500,000 500,000 500,000
Variable remuneration 516,150 709,650 709,650 316,000
Exceptional remuneration 0 0 0 0
Attendance fees 0 0 0 0
Benefi ts in kind (company car) 5,517 5,517 5,517 5,517
TOTAL 1,021,66 7 1,215,167 1,215,167 821,517
Subscription or purchase options attributed during the financial year to each corporate officer by the issuer
and by any company in the Group
The data below has been adjusted to refl ect two-for-one share split that took place on September2, 2011.
No options to subscribe new shares or purchase existing shares were granted during the 2011 fi nancial year.
For a complete understanding of the information reported in the summary of the compensation, stock options and stock grants received by
each corporate offi cer (see page 127 ), the allocations made for 2010 are given below.
Plan no. (1) Plan date
Unit
valuation
IFRS2
Number
of options
granted Exercise price Exercise period Type of options(2)
Jean-Pascal TRICOIRE 33 Dec. 21, 2009 9. 58 100,000 37. 92 Dec. 21, 2013/ Dec. 20, 2019 P/S
Emmanuel BABEAU 33 Dec. 21, 2009 9. 58 30,000 37. 92 Dec. 21, 2013/ Dec. 20, 2019 P/S
(1) Plan 33 granted for the fi nancial year 2010.
(2) Their type, purchase options (P) or subscriptions options (S) will be determined before the start of the fi nancial year.
Plan 33
Performance criteria 100% of options – 2010 and2011 operating margin and share of revenue generated in new economies