Dassault Systèmes - AGM 23 May 2019
Item 8: This year again, Bernard Charlès is among the most well paid French CEOs as,
for 2018, his total remuneration according to the company amounts to €22.9 M, i.e. 489%
of the CAC40 median and 501% of the Technology sector of the MSCI Europe. It
represents 1,098 times the French minimum wage (SMIC) which considerably exceeds
our 240 SMIC limit.
We note that in 2018, the company also granted 300,000 performance shares to Mr
Charlès in anticipation of 2019 in order to benefit from the legal regime of the
authorization of the General Meeting of September 4, 2015 which was to expire on
November 4, 2018. As this grant was made for 2019, ECGS will take it into account in the
2019 remuneration (i.e. next year).
Dassault Systemes provides software products & consulting services. Co.'s software applications allow businesses to digitally define, simulate products, the processes & resources required to manufacture, maintain & recycle them. Co. also provides services, principally to large customers. These services comprise mainly consulting services in methodology for design, deployment & support, training services & engineering services. Co.'s activities can be divided into two segments: the PLM market supports product development, production, maintenance & lifecycle management; & the Mainstream 3D market, which is primarily focused on product design.
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