JCDecaux SA Annual General Meeting, 20 May 2021

The Annual General Meeting (AGM) approved all the resolutions put to the vote.

In particular, the AGM:
 

• approved the financial statements for the year ending 31 December 2020;
• renewed the terms of four members of the Supervisory Board: Jean-François Ducrest for three years and Jean-Pierre Decaux, Michel Bleitrach and Pierre Mutz for one year;
• approved the 2021 compensation policy for corporate officers and the components of compensation paid or allocated in respect of 2020;
• renewed the expiring financial delegations and authorisations granted to the Executive Board.

                                                                                                                          
Following the Meeting, the Supervisory Board renewed Jean-Pierre Decaux’s term as Vice-Chairman of the Supervisory Board for the duration of his term as Supervisory Board member.

In addition, the Supervisory Board:

 (i) appointed, for the duration of their term as Supervisory Board member:

• Michel Bleitrach as Chairman of the Compensation and Nominating Committee, replacing Pierre Mutz;
• Jean-François Ducrest as a member of the Compensation and Nominating Committee, replacing Pierre Mutz;

(ii)  renewed, for the duration of their term as Supervisory Board member:

• Jean-François Ducrest’s term as Chairman and a member of the Audit Committee;
• Pierre Mutz’s term as a member of the Audit Committee;
• Michel Bleitrach’s term as Chairman and a member of the Ethics Committee;
• the terms of Jean-François Ducrest and Pierre Mutz as members of the Ethics Committee.

The Supervisory Board then renewed the terms of all members of the Executive Board for a period of three years and appointed Jean-François Decaux as Chairman of the Executive Board and Jean-Charles Decaux as Chief Executive Officer for a period of one year, in accordance with the principle of alternating the Chief Executive Officer position at JCDecaux SA.

For commercial and public-representation purposes, Jean-Charles Decaux and Jean-François Decaux use the title of “Co-Chief Executive Officer” of JCDecaux.