Imerys – Information relating to the compensation of corporate officers in accordance with the recommendations of the AFEP-MEDEF Corporate Governance Code

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In accordance with the recommendations of the AFEP-MEDEF Corporate Governance Code, the Board of Directors, at its meeting on February 16, 2022 and on the recommendation of the Remuneration Committee, took the following decisions concerning the remuneration for 2021 (ex-post) and the remuneration policies for 2022 (ex-ante) of the Company’s corporate officers Patrick Kronacting as Chairman of the Board of Directors, and Alessandro Dazzaas general manager.

All the elements below will be further detailed in the Company’s 2021 Universal Registration Document. Pursuant to Articles L. 22-10-8 and L. 22-10-34 of the French Commercial Code, on the proposal of the Board, the Company’s General Meeting of Shareholders will be called upon to rule on the 2021 compensation elements of the Chairman of the Board and the Chief Executive Officer (ex post votes) and on the 2022 compensation compensation policies of the said corporate officers (ex-ante votes).

Compensation of the Chairman of the Board

Compensation elements paid or awarded in 2021 (ex-post)

Components of compensation paid or awarded in 2021 to the Chairman of the Board, Patrick Kroncomply with the remuneration policy approved by the General Meeting of shareholders of May 10, 2021 and correspond to the 2021 gross annual fixed compensation awarded and paid, i.e. €250,000. The Chairman of the Board did not receive any other compensation in connection with his duties.

Remuneration policy 2022 (ex-ante)

The Chairman of the Board’s compensation policy for 2022 incorporates the elements included in the compensation policy for 2021 approved by the General Meeting of Shareholders of May 10, 2021. The Board of Directors has decided to increase the amount of the gross annual fixed compensation of the Chairman of the Board of €250,000 for €400,000 for 2022. Having noted, with the help of an external consultant, that the level of compensation of the Chairman of the Board resulting from the 2021 compensation policy was lower than the median observed on the market, the Board decided, on the recommendation of the Remuneration Committee, to align the said remuneration with the practices observed on the market in order to reflect his experience and the responsibilities attached to his position

World leader in mineral specialty solutions for industry, with €4.4 billion turnover and 17,000 employees in 2021, Imerys provides functional, high value-added solutions to a diverse set of industrial sectors, from process industries to consumer goods. The Group relies on its knowledge of applications, its technological expertise and its know-how in materials science to offer solutions based on the development of its mineral resources, its synthetic minerals and its formulations. These contribute properties essential to products and customer performance, including refractoriness, hardness, conductivity, opacity, durability, purity, lightness, filtration, absorption and repellency. Imerys is determined to develop responsibly, in particular by promoting the emergence of products and processes that respect the environment.

Contact:

Vincent Gouley

Tel: + 33 (0)1 49 55 64 69

Email: [email protected]

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