APC 2012 Annual Report Download - page 137

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 135
CORPORATE GOVERNANCE
3
MANAGEMENT INTERESTS ANDCOMPENSATION
Performance shares allocated during the financial year to each corporate officer by the issuer
No performance shares were granted for2013 during the 2012 fi nancial year. As a reminder, Schneider Electric’s practice since2005 is
to implement, in December of each year, a long-term incentive plan in the framework of the following year. However, to allow alignment of
allocations with a review of the personal situations of employees, it was decided to postpone the implementation of long-term incentive plans
to the end of March.
For a complete understanding of the information reported in the summary of the compensation, performance shares received by each
corporate offi cer (see page 134 ), the allocations made in2011 (for2012) are disclosed hereinafter.
Plan no. Plan date Number of shares granted Unit valuation IFRS2 Vesting Date Date of availability
Jean-Pascal TRICOIRE 13 12/16/2011 50,000 EUR33.89 03/17/2014 03/18/2016
Emmanuel BABEAU 13 12/16/2011 22,000 EUR33.89 03/17/2014 03/18/2016
Plan 13
Performance criteria
100% of the shares - 2012 and 2013 operating margin excluding restructuring
costs and change in the Planet&Society Barometer at the end of 2013
Benefits received by members of the Management Board
Management Board corporate
offi cers
Employment contract Supplementary pension benefi t
Payments or benefi ts may
be due in the event of
termination or change of
function Payments in relation to a non-compete agreement
Yes No Yes No Yes No Yes No
Jean-Pascal TRICOIRE See hereafter
“Chairman
of the
Management
Board
and CEO”
See above
“Pension
benefi ts”
See hereafter
“Chairman
of the
Management
Board
and CEO”
See hereafter
“Chairman
of the
Management
Board
and CEO”
Chairman of the
Management Board
and CEO
May3, 2009
May2, 2012
Emmanuel BABEAU See hereafter
“member
of the
Management
Board”
See above
“Pension
benefi ts” (1)
See hereafter
“member
of the
Management
Board”
See hereafter
“member
of the
Management
Board”
Member of the Management
Board
May3, 2009
May2, 2012
(1) The contribution paid in2012 to the defi ned contribution retirement plan was EUR23,562.