At the Shareholders’ General Meeting of 14 April 2026, in accordance with Article L.22-10-34 II of the French Commercial Code, shareholders will be asked to vote on a draft resolution relating to the items of remuneration paid in 2025 or payable for that same year to Mr Anjolras as Chief Executive Officer since 1 May 2025.
| Pierre Anjolras | ||
|---|---|---|
| Item of remuneration | Amount | Observations |
| Fixed remuneration | €866,667 |
Annual gross fixed remuneration set at €1,300,000 by the Board at its meeting of 6 February 2025 for the duration of Mr Anjolras’s term of office as Chief Executive Officer. |
| Variable remuneration | €1,273,991 |
Gross variable remuneration for the period from 1 May to 31 December 2025, as approved by the Board at its meeting of 5 February 2026 and explained in paragraph 4.3.2.1, “Short-term variable remuneration payable to the Chief Executive Officer for the period from 1 May to 31 December 2025”, page 159, which is payable in 2026. |
| Annual deferred variable remuneration | n/a |
Not applicable |
| Multi-year variable remuneration | n/a |
Not applicable |
| Long-term incentive plan set up in 2025 | €2,229,040 |
At its meeting of 17 April 2025, the Board granted a conditional award of 22,000 existing VINCI shares to Mr Anjolras. This award will vest at the end of a three-year period on 17 April 2028, subject to continued service as well as the performance conditions described in paragraph 5.3.2, “Long-term incentive plan set up by the Board on 17 April 2025 for the Chief Executive Officer”, page 166. |
| Article 82 defined contribution pension plan | €257,130 |
At its meeting of 6 February 2025, the Board set the amount corresponding to the payment of the pension referred to in paragraph 4.1.2.5, “Pension and insurance plans”, page 154, at €257,130. |
| Remuneration as a Board member | €6,835 |
Mr Anjolras does not receive remuneration as a Board member from VINCI SA, but he has received remuneration as a Board member from a foreign subsidiary, the amount of which is deducted from the variable portion of his remuneration. |
| Exceptional remuneration | n/a |
Not applicable |
| Benefits in kind | €2,092 |
Mr Anjolras has the use of a company car. |
In 2010, VINCI SA and its subsidiary VINCI Management set up a defined benefit pension plan for their senior executives, with the aim of guaranteeing them a supplementary annual pension. This plan, now closed to new members due to a change in regulatory provisions, has the following main features:
|
Type of disclosure required by Decree 2016-182 of 23 February 2016 |
Information |
|---|---|
| Name of the obligation |
Name of the obligation Information Defined benefit pension plan set up on 1 January 2010 and closed to new members from 4 July 2019 |
| Applicable legal provisions |
Applicable legal provisions Information Article 39 of the French Tax Code |
| Eligibility requirements for beneficiaries |
Eligibility requirements for beneficiaries Information At least 10 years’ service within the Group |
| Beneficiaries |
Beneficiaries Information Employees of VINCI SA or VINCI Management having the status of senior executive (“cadre dirigeant”) as defined by Article L.3111-2 of the French Labour Code |
| Conditions for receiving pension payments |
Conditions for receiving pension payments Information Employed by the Group until retirement At least 10 years’ service within the Group No further payments due under the mandatory and supplementary pension plans Aged 67 or older, with the option to receive early benefits, at a reduced level, from the age of 62 |
| Method for determining the remuneration reference amount |
Method for determining the remuneration reference amount Information Monthly average of the gross fixed and variable remuneration received over the last 36 months of activity multiplied by 12 |
| Vesting formula |
Vesting formula Information The beneficiary’s gross pension is determined using the following formula: Gross pension = 20% R1 + 25% R2 + 30% R3 + 35% R4 + 40% R5, where:
The remuneration reference amount taken into account for the calculation of the pension will be equal to the gross average monthly remuneration (fixed component + bonuses), including paid leave, received by the beneficiary over the last 36 months multiplied by 12. The limit for this gross pension is 8 times the annual French social security ceiling. |
| Pension payment limit |
Pension payment limit Information The pension payment limit is 8 times the annual French social security ceiling. |
| Funding of benefits |
Funding of benefits Information The Group uses an insurance contract to externalise its pension plan, to which VINCI SA and VINCI Management make contributions. |
The total amount of remuneration paid by the Company in 2025 to company officers other than executive and non-executive officers as Board members (for the second half of 2024 and the first half of 2025) was €1,148,528.
The total amount of remuneration payable for 2025 by VINCI to company officers other than executive and non-executive officers as Board members is €1,282,408.
The table below summarises the remuneration payable to and received by VINCI’s company officers other than executive and non-executive officers as Board members, as well as the other remuneration payable to and received by them, for and in 2024 and 2025.
