Eutelsat ESG Presentation Deck
PROPOSED CHANGES FOCUSED ON ALIGNING WITH MARKET
PRACTICE AND ENCOURAGING OVER PERFORMANCE (2/2)
Category
LTIP
LTIP
LTIP
EUTELSAT
Change vs
FY 20
► Performance share plan instead of
phantom share plan
► Evolution of relative TSR
Benchmark composition from an
average of 4 indexes to the
median of a panel of comparables
► % obtained in case of
overperformance raised to 130%
(vs 115%)
Rationale
Align with market practice
► Reinforce the alignment of interests
(comes with an obligation to retain
shares¹)
Improved cost optimization for the
company
► Reflect the changes occured in the
last 12 months (Inmarsat, MSCI)
► Align with market practice
Simplify
► Align with market practice.
►Strengthen incentive to overperform
and improve elasticity
1 Executive Corporate Officers must retain 20% of the performance shares vested until the end of their last mandate as an
Executive Corporate Officer; this retention obligation applies up to a value equivalent to 200% of their fixed annual remuneration.
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