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INFORMATION ABOUT ANF
Reports and information for the Shareholders’ Meeting
SERVICE CONTRACT WITH EURAZEO
Persons concerned
Mr Patrick Sayer, Mr Philippe Audouin, Mrs Delphine Abelard, Mr Henri Saint Olive, Mr Théodore Zarifi and Mr Jean-Pierre Richardson,
members of the ANF’s Supervisory Board and Mr Bruno Keller Chairman of ANF’s Executive Board.
This is an agreement in which Eurazeo, a shareholder which holds over 10% of the voting rights of your Company, is also directly involved.
Nature and purpose
On May 4, 2005, your Supervisory Board authorised the execution of a service agreement under which ANF entrusted Eurazeo with the task
of providing general assistance, in exchange for compensation corresponding to all costs and expenses incurred by Eurazeo.
Terms
On December 9, 2008, your Supervisory Board decided a change in the compensation paid by ANF under this service agreement to €927,000,
excluding tax, for the 2009 fi scal year.
COMPENSATION AND BONUSES PAID TO THREE MEMBERS OF THE EXECUTIVE BOARD
Persons concerned
Mr Xavier de Lacoste Lareymondie, Mrs Brigitte Périnetti and Mrs Ghislaine Seguin, members of ANF’s Executive Board.
Nature and purpose
In addition, on December 9, 2008, your Supervisory Board, on a proposal submitted by the Compensation Committee of December 5, 2008,
approved the annual compensation of a new member of the Executive Board (Mrs Ghislaine Séguin) and a change to the annual compensation
of two members of the Executive Board for 2009.
On March 19, 2010, your Supervisory Board, on a proposal submitted by the Compensation Committee of March 17, 2010, approved
changes to the annual compensation of three members of the Executive Board for 2010.
Terms
The gross annual compensation of Mr Xavier de Lacoste Lareymondie amounted to €335,000 for 2009, including a bonus of €95,000 relating
to 2008 (this compensation was set at €344,959 for 2010, to include a bonus of €104,959 relating to 2009).
The gross annual compensation of Mrs Brigitte Périnetti amounted to €95,000 for 2009, including a bonus of €25,000 relating to 2008
(this compensation was set at €101,095 for 2010, to include a bonus of €31,095 relating to 2009).
The gross annual compensation of Mrs Ghislaine Seguin amounted to €185,000 for 2009, including a bonus of €35,000 relating to 2008
(this compensation was set at €190,121 for 2010, to include a bonus of €40,121 relating to 2009).
DISMISSAL BENEFITS
Person concerned
Mr Xavier de Lacoste Lareymondie, Chief Operating Offi cer and member of the Executive Board.
Nature and purpose
On December 9, 2008, your Supervisory Board, on a proposal submitted by the Compensation Committee of December 5, 2008, authorised
the payment of compensation to Mr Xavier de Lacoste Lareymondie, in the event of an unfair dismissal prior to the expiry of a period of four
years from the date of his appointment or his renewal. This compensation corresponds to the gross annual compensation (fi xed and variable)
paid to him in the 12 months preceding the dismissal.
Terms
The application criteria for this compensation, defi ned by the Supervisory Board on December 9, 2008, remain unchanged:
• two thirds (2/3) will be paid without any performance requirement;
• the fi nal third (1/3) will be paid if growth in NAV is at least 4% per year on average over the period in question.
ANF • 2009 ANNUAL REPORT
Neuilly-sur-Seine and Courbevoie, April 19, 2010
The Statutory Auditors
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PriceWaterHouseCoopers Audit Mazars
Gérard Hautefeuille Odile Coulaud
Contents
OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS