Saint Gobain – AGM 4 june 2020
ITEMS 11 and 12: In March 2020, the Chairman and CEO and the Deputy CEO informed the Board of Directors of their decision to waive 25% of their fixed compensation for 2020 and 25% of their variable compensation for 2019 for the period during which Group employees will be in partial employment due to the current health crisis. While it is regrettable that it is not clear how much the executives are giving up, this gesture is positively welcomed.
Thus, the company is not proposing any negative change to the compensation policies of its executives; we therefore support them. of its executives; we therefore support them.
Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
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