EUR 500.00 For Business Accounts Only

Proxy Report - 22/05/2018

We would like to draw shareholders' attention to the astronomical compensation of the CEO Bernard Charlès. For fiscal year 2017, we valued his total remuneration at €24,705,684. Bernard Charlès is entitled to a performance shares grant, which has remained unchanged since 2015. Shareholders should note that the fair value of the LTIP grant this year represented almost 82% of total compensation (resolution 9).

Remuneration of Charles Edelstenne, Chairman of the Board, significantly exceeds the median of SBF120 non-executive directors, with a total of €1,027,100 (resolution 10).

The Company has clearly no intention to reconsider its remuneration policy nor does it intend to fairly rebalance its components (resolution 7 and 8).

Dassault Systemes SA


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.

Proxinvest main services are :

  • ​Proxy reports
  • Definition and monitoring of client customized voting guidelines
  • Corporate Governance Data and Rating
  • Thematic research
  • Engagement support

Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.

Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.

As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide. 

Other Reports on these Companies
Other Reports from Proxinvest

ResearchPool Subscriptions

Get the most out of your insights

Get in touch