Members:
Vincent Bolloré, Chairman
Didier Patault, Bernard Jeannin, Bernard Oppetit, Henri Proglio et Philippe Sueur, members
The Compensation Committee prepares the Board of Directors' decisions on the following subjects:
Terms of compensation
The Compensation Committee is responsible for making proposals to the Board of Directors concerning:
- the level and terms of compensation paid to the Chairman of the Board of Directors, including fringe benefits, pensions and personal risk insurance, as well as subscription options and stock options;
- the level and terms of compensation paid to the Chief Executive Officer, and when required, to the Deputy Chief Executive Officer(s), including fringe benefits, pensions and personal risk insurance, as well as subscription options and stock options;
- rules for the allocation of directors' fees to the Directors and the total amount submitted to the decision of Natixis' general shareholders' meeting.
It examines and gives an opinion on insurance taken out by Natixis in relation to executive's responsibilities.
Selection procedures- The Compensation Committee gives an opinion and, at the request of the Board of Directors, makes proposals and recommendations to the Board of Directors on the appointment of the Chief Executive Officer or, when required, the Deputy Chief Executive Officer(s);
- it gives an opinion on the appointment of Chief Executive Officers, Deputy Chief Executive Officers and members of the Executive Board or Board of Directors of the main subsidiaries.
The company's Chief Executive Officer provides the Compensation Committee with any documents that may help it to carry out its duties and provide additional information. At the request of the Board of Directors, the Compensation Committee may also appoint external experts to carry out studies or analysis of compensation paid to executive directors of comparable companies in the banking sector.
