Sun Art Retail Group Limited - TodayIR.com

REPORT OF DIRECTORS
(7) This represents 6,783 shares in Groupe Auchan S.A. granted pursuant to the Groupe Auchan S.A. Free Shares
Plan (2010-2014).
(8) This represents stock options in respect of 1,498 shares in Groupe Auchan S.A. granted pursuant to the Groupe
Auchan S.A. Stock Option Plan (2016).
(9) This comprises 622 shares in Groupe Auchan S.A.
(10) This represents stock options in respect of 894 shares in Groupe Auchan S.A. granted pursuant to the Groupe
Auchan S.A. Stock Option Plan (2009-2013).
(11) This represents stock options in respect of 563 shares in Groupe Auchan S.A. granted pursuant to the Groupe
Auchan S.A. Stock Option Plan (2010-2014).
(12) This represents 4,070 shares in Groupe Auchan S.A. granted pursuant to the Groupe Auchan S.A. Free Shares
Plan (2010-2014).
(13) This represents stock options in respect of 772 shares in Groupe Auchan S.A. granted pursuant to the Groupe
Auchan S.A. Stock Option Plan (2011-2015).
Save as disclosed above, so far as known to any Directors, as at 31 December 2012, none of the directors
or chief executives of the Company or any of their associates had or was deemed to have any interest
or short position in the shares, underlying shares and debentures of the Company and its associated
corporations as defined in Part XV of the SFO, which were required to be recorded in the register required
to be kept under section 352 of the SFO, or otherwise required to be notified by the Directors or chief
executives to the Company and the Stock Exchange pursuant to the Model Code.
Directors’ Rights to Acquire Shares or Debt Securities
At no time during the year was the Company or any of its holding companies or its subsidiaries a party
to any arrangements to enable the Directors to acquire benefits by means of the acquisition of shares in,
or debentures of, the Company or any other body corporate.
Directors’ Interest in Competing Business
During the year, none of the Directors of the Group had any interests in a business which competes,
either directly, or indirectly, with the business of the Company or the Group.
Share Option Scheme
There is no share option scheme operated by the Company.
Employee Trust Benefit Schemes
The Group has in place an employee trust benefit scheme (“ETBS”) for the employees of the Group,
including the directors and senior management, under each of the “Auchan” and “RT-Mart” banners of
the Group. The ETBS of the Auchan banner (“Auchan Scheme”) and the ETBS of the RT-Mart banner
(“RT-Mart Scheme”) are each implemented by way of a trust arrangement. The Auchan Scheme allows
the employees of the Auchan Banner to share the success of ACI, a key operating subsidiary under the
Auchan Banner while the RT-Mart Scheme allows the employees of the RT-Mart Banner to share the
success of CIC, a key operating subsidiary under the RT-Mart Banner.
28
Sun Art Retail Group Limited
Annual Report 2012