A N N U A L R E P O R T - Bouygues

REMUNERATION OF CORPORATE OFFICERS - STOCK OPTIONS
1. REMUNERATION OF CORPORATE OFFICERS
1.1. Report on remuneration of corporate officers - Stock options
Chairman
M. Bouygues (1) & CEO
32 years
O. Poupart-Lafarge
Position
and length
of service
within the
Group
Deputy CEO
32 years
O. Bouygues (1) Deputy CEO
32 years
Sub-total of directors’ fees 2005:
Chairman & CEO + Deputy CEOs
Remuneration (1)
+
Directors’ fees (5)
Fixed
Variable
920,000
0%
1,380,000
0%
920,000 920,000
0%
1,380,000 1,380,000
0%
920,000
1,380,000
% variable / fixed 150% 150%
Bouygues directors’ fees 48,784 48,784 48,784 48,784
Subsidiaries directors’ fees 25,416 25,416 26,666 26,666
TOTAL 2,374,200 2,374,200 2,375,450 2,375,450
Fixed
Variable
920,000
0%
1,242,000
0%
920,000 920,000
0%
1,242,000 1,380,000
+11%
920,000
1,242,000
% variable / fixed 135% 150%
Bouygues directors’ fees 24,392 24,392 24,392 24,392
Subsidiaries directors’ fees 53,340 53,340 55,465 55,465
TOTAL 2,239,732 2,239,732 2,379,857 2,241,857
Fixed
Variable
920,000
0%
1,012,000
+7.9%
920,000 920,000
0%
937,625 1,012,000
0%
920,000
1,012,000
% variable / fixed 110% 110%
Bouygues directors’ fees 24,392 24,392 24,392 24,392
Subsidiaries directors’ fees 32,562 32,562 46,277 46,277
TOTAL 1,988,954 1,914,579 2,002,669 2,002,669
Bouygues directors’ fees
Subsidiaries directors’ fees
Total
Amounts in respect
of the financial year
2004 (2)
in euros
Amounts in respect of
the financial year 2005 (2)
Benefits in kind (4)
Criteria for variable remuneration
in euros (3) in euros
- difference between the Bouygues share
price and changes in the CAC 40 index
(50%)
- change in Bouygues group share of net
consolidated profit (50%)
- difference between the Bouygues share
price and changes in the CAC 40 index
(27%)
- change in Bouygues group share of net
consolidated profit (40%)
- several qualitative criteria (33%)
- difference between the Bouygues share
price and changes in the CAC 40 index
(18%)
- change in Bouygues group share of net
consolidated profit (41%)
- several qualitative criteria (41%)
135,236
+8.9%
4,140
0%
82,584
+1.4%
50,236
-63%
4,176
+0.87%
10,584
-87%
Allocation of
stock options
in number of options
due paid due paid in 2004 in 2005 in 2004 in 2005
97,568
128,408
225,976
200,000 0
100,000 100,000
100,000 100,000
126