Report
Jehanne Leroy

Proxy Report - 01/06/2018

Despite concerns raised in 2017, the company did not improve its disclosure on 2017 amounts granted and 2018 amounts to be granted. It still not discloses performance criteria of Cyrille Bolloré's annual bonus. Likewise, it indicates that his fixed remuneration will be increased in 2018 (for at least the 5th year in a row), but still does not disclose its amount.

The company keeps on being one of the less transparent companies within the SBF 120.

Underlying
Bollore SA

Bollore is a holding company. Through its subsidiaries, Co. conducts business in international logistics, transportation and logistics in Africa (port management, stevedoring, logistics), fuel distribution, batteries and supercapacitors, electric vehicles, plastic films for capacitors and packaging, dedicated terminals and systems, plantations, communicationa and the media (television and free press, advertising and market research) and the management of portfolio shareholdings. Co.'s activities can be divided into four segments: Transportation and logistics, Industry, Fuel distribution, and Other activities.

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

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Analysts
Jehanne Leroy

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