4.4 Legal risk - Scor
4.4 Legal risk - Scor
4.4 Legal risk - Scor
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Subscription and share purchase options exercised by the Corporate Officer<br />
Options exercised by the Executive and<br />
Corporate Officer (nominative list)<br />
Number of options<br />
exercised during<br />
the period<br />
Date of<br />
the<br />
plan<br />
Exercise<br />
price<br />
Denis Kessler - - -<br />
Performance shares granted to the Corporate Officer<br />
Performance shares<br />
granted during the<br />
period to the Corporate<br />
Officer by the issuer or<br />
by another company of<br />
the Group<br />
Date of<br />
the<br />
plan<br />
Number of<br />
shares<br />
granted<br />
during<br />
the period<br />
Valuation of shares<br />
as per method<br />
used<br />
in the consolidated<br />
accounts<br />
In EUR<br />
Acquisition<br />
date<br />
Date of<br />
ownership<br />
transfer<br />
Denis Kessler 3 May 2012 125,000 2,063,750 4 May 2014 4 May 2016<br />
Performance shares acquired by the Corporate Officer<br />
Performance share acquired during the<br />
period by the Corporate Officer by the<br />
issuer or by another company of the<br />
Group (nominative list)<br />
Number of shares<br />
acquired<br />
during the period<br />
Date of<br />
the<br />
plan<br />
Denis Kessler 75,000 7 May 2008<br />
Conditions<br />
of<br />
acquisition<br />
Requirement of presence at the<br />
company as at 30 April 2010<br />
Performance conditions<br />
15.1.2.2 Gross remuneration to Executive Committee members (COMEX) other than the Chairman as at<br />
31 December 2012<br />
The following table presents the gross compensation related to fiscal years 2012, 2011 and 2010 and paid in 2012, 2011<br />
and 2010 to the members of the Executive Committee:<br />
Members of the Executive Committee - Gross Compensation<br />
2012 2011 2010<br />
In EUR Related to Paid Related to Paid Related to Paid<br />
Benjamin Gentsch<br />
(Paid in CHF (1) ) 891,357 835,645 816,550 868,095 868,095 868,095<br />
Frieder Knüpling (2) 557,160 497,432 457,432 419,110 339,110 257,360<br />
Paolo De Martin<br />
(Paid in CHF (1) ) 1,290,859 1,290,281 1,261,331 1,216,715 1,233,029 1,215,595<br />
Gilles Meyer (6) 1,165,701 1,016,760 864,197 882,286 854,312 833,335<br />
Victor Peignet 1,306,743 1,074,563 924,200 925,887 904,208 818,853<br />
Paul Rutledge (4)<br />
(Paid in USD) 682,742 524,117 269,678 148,018 N/A N/A<br />
Philippe Trainar (3) 684,581 618,921 568,100 535,060 436,960 321,203<br />
François de Varenne 864,241 797,821 747,703 720,123 619,434 612,457<br />
Members of the<br />
Executive Committee 7,443,384 6,655,540 5,909,191 5,715,294 5,255,148 4,926,898<br />
Denis Kessler 2,198,000 2,113,500 2,108,300 2,242,800 2,241,250 2,242,850<br />
Executive Committee (5) 9,641,384 8,769,040 8,017,491 7,958,094 7,496,398 7,169,748<br />
(1) The compensation is paid in CHF, the exchange rate used is: 1 EUR = 1.2045 CHF<br />
(2) Frieder Knüpling is member of the COMEX since 1 July 2010. He is Deputy Group Chief Risk Officer since 1 October 2012<br />
(3) Philippe Trainar is member of the COMEX since 1 April 2010 as Group Chief Risk Officer<br />
(4) Paul Rutledge is member of the COMEX since 10 August 2011 as CEO of SCOR Global Life America and Deputy CEO for SCOR Global Life. The compensation is<br />
paid in USD, the exchange rate used is: 1 EUR = 1.2843 USD. Amounts are calculated and paid since 10 August 2011<br />
(5) Including the Chairman and Chief Executive Officer for whose remuneration details are available in Section 15.1.2.1<br />
(6) The compensation is paid in CHF from 1 October 2011. The compensation is paid in CHF, the exchange rate used is: 1 EUR = 1.2045 CHF.<br />
The Compensation and Nomination Committee proposes to the Board of Directors the variable compensation attributed to<br />
the members of the Executive Committee (other than the Chairman and Chief Executive Officer) in agreement with the<br />
Chairman and Chief Executive Officer. The variable portion of the compensation presented in the table below depends, on<br />
the one hand, on the achievement of individual objectives and, on the other hand, on the achievement of the Group’s<br />
earnings objectives, which are based on return on equity (or ROE).<br />
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