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Adherence to AFEP-MEDEF recommendations on the compensation of executive corporate officers of listed companies

Category

Finance

Paris, december 9, 2008

The company LAGARDERE SCA has decided to implement the AFEP-MEDEF recommendations on the compensation of executive corporate officers of listed companies, published on 6 October 2008.

These recommendations are in line with the company’s corporate governance practice.

As a result, pursuant to the law of 3 July 2008, implementing EU Directive 2006/46/CE of 14 June 2006, the AFEP-MEDEF code as amended shall constitute the corporate governance code to which the LAGARDERE Group will refer for the preparation of the report provided for in article 226-10-1 of the Commercial Code as of the current financial year.

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