APC 2014 Annual Report Download - page 156

3CORPORATE GOVERNANCE
INTERESTS AND COMPENSATION OF GROUP SENIOR MANAGEMENT
Stock options or share purchase options granted during the financial year to each executive director by the
issuer and by any company in the Group
No stock options or share purchase options were granted during the 2014 financial year.
Performance shares granted during the financial year to each executive director
Performance shares were granted for2014 during 2014 financial year.
Number of Unit valuation Date of
Plan no. Plan date Acquisition dateshares granted IFRS2 availability
Jean-Pascal TRICOIRE 17 03/27/2014 18,000 55.71 03/31/2016 04/02/2018
18 03/27/2014 42,000 51.60 03/31/2018 04/02/2018
Emmanuel BABEAU 17 03/27/2014 26,000 55.71 03/31/2016 04/02/2018
Plans 17 and 18
100% of the shares – 2014 and 2015 adjusted EBITA margin at
constant perimeter (consolidation perimeter on January 1, 2014
plus Invensys without Appliance division), average ROCE (Return
on Capital employed) for the years 2014 and 2015 at current
perimeter and level of the Planet&Society Barometer at the end
Performance conditions of 2015
Benefits granted to executive directors (situation on February 18, 2015)
Payments or benefits
Payments in relation tomay be due in the event
of termination or change a non-compete
Work contract Top-hat pension benefits of function agreement
Executive directors YES NO YES NO YES NO YES NO
Jean-Pascal TRICOIRE
Chairman and CEO/ X X(1) X X
Emmanuel BABEAU
Deputy CEO/ X(2) X(1)(3) X X
The board of directors of February 18, 2015 decided to put an end, for the executive directors, to the benefit of the top-hat pension plan (1)
for Senior Management implemented in 1995 (closed plan) and the new top-hat pension plan for Directors who are members of the
Executive Committee (new plan) see annual report to Shareholders' Meeting on pages 295 to 297.
Emmanuel Babeau resigned from his employment contract with SEI SAS on February 18, 2015 (see Report to Shareholders’ Meeting, (2)
page 296).
Contributions paid in2014 to the defined contribution retirement plan were EUR25,431.(3)
154 2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC