Registration document 2007 - Total.com

Corporate Governance
Compensation of the Board of Directors and Executive Officers
Compensation of the Board of Directors and Executive Officers
Board Compensation
The amount paid to the members of the Board of Directors as
directors’ fees was 0.82 M€ in 2006 in accordance with the
decision of the shareholders’ meeting held on May 14, 2004.
There were 15 directors as of December 31, 2006 compared
with 16 as of December 31, 2005.
Compensation was paid to the members of the Board of
Directors in 2006 based on the following principles:
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• A fixed amount of 15,000 euros was paid to each director
(paid prorata temporis in case of a change during the period).
• Each director was paid 5,000 euros for each meeting of the
Board of Directors, of the Audit Committee or of the
Nominating & Compensation Committee attended. This
amount was increased to 7,000 euros for those directors who
reside outside of France.
Total compensation including benefits in-kind paid to each director in the year indicated (Article L 225-102-1 of the French Commercial Code,
1 st and 2 nd paragraphs)
(in euros) 2006 2005 2004
Thierry Desmarest 3,227,123.00 2,963,452.00 2,787,239.00
Daniel Boeuf (a) 160,845.77 150,529.49 128,259.98
Daniel Bouton 50,000.00 45,000.00 37,500.00
Bertrand Collomb 55,000.00 30,000.00 42,000.00
Paul Desmarais Jr. 43,000.00 43,000.00 37,500.00
Jacques Friedmann (b) 35,383.00 80,000.00 82,500.00
Bertrand Jacquillat 80,000.00 80,000.00 78,000.00
Antoine Jeancourt-Galignani 65,000.00 45,000.00 46,500.00
Anne Lauvergeon 40,000.00 40,000.00 42,000.00
Peter Levene of Portsoken 50,000.00 23,410.00 -
Maurice Lippens 50,000.00 57,000.00 37,500.00
Christophe de Margerie (c) 1,426,442.84 - -
Michel Pébereau 65,000.00 55,000.00 51,000.00
Thierry de Rudder 106,000.00 106,000.00 82,500.00
Jürgen Sarrazin (b) 33,383.00 50,000.00 46,500.00
Serge Tchuruk 50,000.00 50,000.00 46,500.00
Pierre Vaillaud (d) 186,340.00 178,906.00 177,933.00
(a) Including the salary received by Mr. Boeuf as an employee of Total France, a subsidiary of TOTAL S.A., which amounted to 100,752.62 euros in 2004, 105,529.49 euros in 2005 and
110,845.77 euros in 2006.
(b) Term of office expired on May 12, 2006.
(c) Including the salary paid by TOTAL S.A. and in-kind benefits valued at 5,508 euros. Mr. Christophe de Margerie does not receive any directors’ fees for his service on the Company’s
Board of Directors.
(d) Including pension payments related to previous employment by the Group, which amounted to 131,433 euros in 2004, 133,906 euros in 2005 and 136,400 euros in 2006.
Over the past three years, the Directors currently in office have not received any compensation or benefits in-kind from companies controlled by TOTAL S.A., except for Mr. Daniel Boeuf,
who is an employee of Total France. The compensation indicated in the table above (except for that of the Chairman and Messrs. Boeuf, de Margerie and Vaillaud) consists solely of
directors’ fees (gross amount) paid during the relevant period. None of the Directors of TOTAL S.A. have service contracts which provide for benefits upon termination of employment.
TOTAL – Registration Document 2006 101