JC Decaux - AGM 16 May 2019
ITEM 11: Last year, the 2018 executives remuneration policy was not described in the
Annual Report, but shareholders were able to acknowledge a press release published in
the Governance section of the company’s website
(/sites/default/files/assets/document/2018/04/jcdsa-
remunerationautitredelexercice2018_0.pdf) which presented amounts and structure at
stake. For 2019, neither the Annual report, nor such a press release comprise this
information. This lack of information is not acceptable for a SBF120 company which
belongs to the major European indexes.
ITEMS 13 and 14: This lack of disclosure is also noticed in the 2018 granted
remunerations: the company is one of the rare SBF 120-companies that do not disclose
achievement rates per annual bonus financial criterion. This does not allow shareholder
to properly understand annual bonuses granted.
JC Decaux specializes in outdoor advertising. Co.'s business mainly consists of the sale of advertising space for these activities: Street Furniture, Transport Advertising and Billboard. The Street Furniture segment covers the advertising agreements relating to public property entered into with cities and local authorities. It also includes advertising in shopping centers, renting of street furniture, sale and rental of equipment, cleaning and maintenance. The Transport Advertising segment covers advertising in airports, subways, buses, tramways and trains. The Billboard segment covers advertising on private property and neon-type activity.
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