New Growth

Compensation of managers – Equity ratios

The so-called “Pacte” law, completed by the ordinance n°2019-1234 dated November 27, 2019 related to compensation of managers, has introduced in French law a new requirement: obligation for listed companies to present in their corporate governance report the equity ratios between compensations of managers and average and median wage of employees as well as the evolution of such ratios over five fiscal years.

Our team has advised several companies in the analysis and implementation of these new requirements.