2021 UNIVERSAL REGISTRATION DOCUMENT

General and financial elements

12. Off-balance sheet commitments

(in € millions) 31/12/2021 31/12/2020
Sureties and guarantees

Sureties and guarantees

31/12/2021

1,106

Sureties and guarantees

31/12/2020

258

Retirement benefit obligations

Retirement benefit obligations

31/12/2021

35

Retirement benefit obligations

31/12/2020

37

Total Total31/12/20211,141 Total

31/12/2020

295

The line item “Sureties and guarantees” relates mainly to the guarantees given on behalf of subsidiaries, by the parent company in favour of financial institutions or directly to their customers. The increase during the year resulted primarily from a guarantee given to VINCI Deutschland.

Retirement benefit obligations comprise lump sums payable on retirement to the parent company’s personnel and supplementary retirement benefits in favour of certain Group employees or company officers in service.

13. Remuneration and employees

Remuneration of executives

Remuneration, including social benefit charges, recognised in respect of members of Group corporate management bodies, for the share borne by VINCI in 2021, breaks down as follows:

(in € thousands) Members of the
Executive Committee
Directors who are
not members of the Executive Committee
Remuneration

Remuneration

Members of the


Executive Committee

11,180

Remuneration

Directors who are


not members of the Executive Committee

-

Remuneration as Board members

Remuneration as Board members

Members of the


Executive Committee

-

Remuneration as Board members

Directors who are


not members of the Executive Committee

1,298

Retirement benefit obligations towards members of corporate governing bodies, corresponding to rights vested as at 31 December 2021, break down as follows:

(in € thousands) Members of the
Executive Committee
Directors who are
not members of the Executive Committee
Retirement benefit obligations

Retirement benefit obligations

Members of the


Executive Committee

28,220

Retirement benefit obligations

Directors who are


not members of the Executive Committee

7,362

The members of the corporate governing bodies also benefit from performance share plans.

Average numbers employed

The average number of people employed by the Company was 334 (including 277 engineers and managers) in 2021, as opposed to 322 (including 261 engineers and managers) in 2020. In addition, 21 employees on average were seconded to VINCI by subsidiaries or external suppliers in 2021 (including 17 engineers and managers) as opposed to 28 in 2020.

D. Post-balance sheet events

14. Appropriation of 2021 income

The Board of Directors finalised the financial statements for the year ended 31 December 2021 on 3 February 2022. These financial statements will only become definitive when approved at the Shareholders’ General Meeting to be held on 12 April 2022. A resolution will be put to shareholders in that meeting for the payment of a dividend of €2.90 per share in respect of 2021. Taking account of the interim dividend already paid in November 2021 (€0.65 per share), this means that the final dividend will be €2.25 per share, representing a total of around €1,646 million.