4.4 Legal risk - Scor

Summary table of the gross compensation, shares and stock options granted
to the Corporate Officer:
Gross
Value of
compensation Value of the shares stock options
(details below)
granted (3)
granted (3)
Total
compensation
In EUR
2012 2,198,000 2,063,750 (4) 387,500 (4) 4,649,250
2011 2,108,300 3,033,750 (4) 326,250 (4) 5,468,300
2010 2,241,250 1,912,500 (4) 387,500 (4) 4,541,250
Reminder of the specific award conditions applicable to the Corporate Officer in respect of the principles AFEP / MEDEF:
The Board of Directors of 3 April 2007 decided that for all the grants posterior to that date, the Corporate Officer is required
to retain as registered shares at least 10% of the shares issued from the exercise of stock-options granted and at least 10%
of the performance and free shares granted until the termination of his duties.
In addition to these conditions specified above, the Board of Directors of 12 December 2008 decided that for all the grants
posterior to that date, the Corporate Officer is required to buy on the market a number of shares equal to 5% of the number
of performance and free shares granted as soon as these shares may be sold.
The following table presents a summary of the gross compensation of the Corporate Officer for fiscal years 2012, 2011 and
2010:
Summary table of the gross compensation granted to the Corporate Officer
In EUR
Fixed
compensation
Variable
compensation
Director’s
fees
Gross
compensation Advantages
2012 1,200,000 950,000 48,000 2,198,000 Company Car
2011 1,200,000 865,500 42,800 2,108,300 Company Car
2010 1,200,000 1,000,000 41,250 2,241,250 Company Car
The following table presents the summary of gross compensation paid to the Corporate Officer during fiscal years 2012,
2011 and 2010:
Summary table of the gross compensation paid to the Corporate Officer
Fixed compensation
Variable
Director’s
Gross Advantages
In EUR
compensation
fees compensation
2012 1,200,000 865,500 48,000 2,113,500 Company Car
2011 1,200,000 1,000,000 42,800 2,242 800 Company Car
2010 1,200,000 1,000,000 42,850 2,242,850 Company Car
Refer also to Appendix A - Notes to the Corporate Financial Statements, Note 14 - Compensation of the Corporate Officer.
In accordance with the AFEP/MEDEF corporate governance code of listed corporations, the following tables present for the
Executive and Corporate Officer the stock options granted and exercised during the fiscal year as well as the grants and
performance shares vested during the fiscal year.
Subscription and share purchase options granted to the Corporate Officer
Date of
the
plan
Type of
options
(purchase or
subscription)
Number of
options
granted
during
the period
Valuation of
options as per
method used
in the
consolidated
accounts
In EUR
Exercice
price
Period of
exercise
Denis Kessler
23 March
2012 Subscription 125,000 387,500 20.17
03/24/2016 to
03/23/2022
(3)
(4)
It should be noted that the figures stated above do not represent paid compensation but correspond to actuarial estimates in line with AFEP/MEDEF governance
code for listed companies. These grants are subject to presence conditions and, for some grants, to performance conditions. Please refer to the sections 17.3 of
this Registration Document and the registration documents of SCOR filed with the Autorité des marchés financiers on 8 March 2012 and 8 March 2011 under
number n. D.12-0140 and D.11-0103 for the details of the performance conditions applicable to the shares and stock-options granted to the Executive and
Corporate Office
Since 2009, 100% of shares and stock options granted are submitted to performance conditions. The value is calculated according to the same assumptions as
those used for the Group accounts (IFRS2 standard). Please refer to the Sections 17.2.2 and 17.2.3 for the details of the shares and stock-options granted to the
Corporate Officer.
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