2 . 2.4.6. Summary table of the remuneration of Mr Nicolas Hieronimus, Chief Executive Officer from 1 May 2021 In € 2021 Amounts allocated Amounts paid Fixed remuneration 1,333,333 1,333,333 Annual variable remuneration (1) 1,552,667 N/A Exceptional remuneration - - Remuneration for term of office as Director - - Benefits in kind - - TOTAL 2,886,000 1,333,333 (1) The variable remuneration due for year N is paid in N+1. The variable remuneration for 2021 will be calculated on a proportional basis and paid subject to the approval of Resolution 12 by the Annual General Meeting on 21 April 2022. SUMMARY TABLE OF REMUNERATION AND PERFORMANCE SHARES AWARDED TO MR NICOLAS HIERONIMUS, CHIEF EXECUTIVE OFFICER In € 2021 Remuneration due in respect of the financial year 2,886,000 Value of performance shares granted during the financial year 5,768,780 TOTAL 8,654,780 HISTORY OF THE STOCK OPTIONS GRANTED TO MR NICOLAS HIERONIMUS SINCE HIS APPOINTMENT AS A CORPORATE OFFICER THAT CAN STILL BE EXERCISED AT 31 DECEMBER 2021 N/A. TABLE OF SHARE SUBSCRIPTION OR PURCHASE OPTIONS EXERCISED BY MR NICOLAS HIERONIMUS DURING THE 2021 FINANCIAL YEAR N/A. HISTORY OF CONDITIONAL GRANTS OF SHARES (ACAS) TO MR NICOLAS HIERONIMUS SINCE HIS APPOINTMENT AS A CORPORATE OFFICER Grant date Number of ACAs granted Performance conditions (1) Grant value (IFRS fair value) Date of final vesting of all or part of the ACAs Number of finally vested shares First possible date of sale of a portion of these (2) 7 October 2021 17,000 Yes 5,768,780 7 October 2025 N/A 7 October 2025 (1) See the performance conditions described in chapter 7 of this document. (2) Mr Nicolas Hieronimus, as corporate officer, shall retain 50% of the fully vested shares in registered form until the end of his term of corporate office. Mr Nicolas Hieronimus has undertaken not to enter into any risk hedging transactions. TABLE OF PERFORMANCE SHARES THAT BECAME AVAILABLE DURING THE 2021 FINANCIAL YEAR FOR MR NICOLAS HIERONIMUS N/A. 126 L ’ ORÉAL I UNIVERSAL REGISTRATION DOCUMENT 2021 CORPORATE GOVERNANCE Remuneration of directors and corporate officers
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