In This Article:
Disclosure in accordance with the AFEP-MEDEF Code
PARIS & LONDON & NEW YORK, March 07, 2025--(BUSINESS WIRE)--Regulatory News:
At its meeting held on 4 March 2025, the Board of Directors of Antin Infrastructure Partners SA (Paris:ANTIN) (the "Company") set:
- the variable compensation of Alain Rauscher, Chairman of the Board and Chief Executive Officer, in respect of Full-Year 2024
- the compensation policy for the Company’s Chairman of the Board and Chief Executive Officer, for Full‑Year 2025.
1. FY24 variable compensation of Alain Rauscher
The table below sets out the variable compensation awarded to Alain Rauscher as determined by the Board of Directors, upon the recommendation of the Nomination and Compensation Committee:
| % of achievement1 | € | |
| Quantitative criteria up to 70% of annual fixed compensation | 100% | €655,987.50 |
| Qualitative criteria up to 30% of annual fixed compensation | 100% | €281,137.50 |
| Total | 100% | €937,125 |
In accordance with the provisions of Article L. 22-10-34 II of the French Commercial Code, the payment of this compensation is subject to shareholder approval at the next AGM (scheduled for 11 June 2025).
2. FY25 compensation policy for the Chairman of the Board and Chief Executive Officer
The table below sets out the main terms of the compensation policy for the Company’s Chairman of the Board and Chief Executive Officer, for Full‑Year 2025, which will be described in detail in the corporate governance report included in the 2024 Universal Registration Document2.
| Fixed compensation | €987,730 | |
| Annual variable compensation | up to €987,730 | |
| Description of the criteria for the variable compensation and related measures In the event the criteria are only partially achieved, the compensation will be determined by linear interpolation | ||
| Quantitative criteria up to 70% of the variable compensation | up to 23.33% | A 10% increase in FPAUM calculated on a rolling four-year average basis, adjusted for any Antin Fund divestments during the reference year |
| up to 23.33% | A 5% increase in underlying EBITDA calculated on a rolling four-year average basis | |
| up to 23.33% | An increase in income distributable to the Company’s shareholders, calculated on a rolling four-year average basis, adjusted for any transforming M&A transactions during the reference year | |
| Qualitative criteria up to 30% of the variable compensation | up to 15% | Achievement of ESG targets |
| up to 15% | Quality of governance and management | |
| Benefits | No benefits other than: 1. benefits offered to employees 2. supplementary pension scheme and health insurance | |
In accordance with the provisions of Article L. 22-10-8-II of the French Commercial Code, the compensation policy for FY25 is subject to shareholder approval at the next AGM (scheduled for 11 June 2025).