Governance - Rémy Cointreau

Governance that ensures continuity and transmission.

BOARD OF DIRECTORS
Senior Management
SHAREHOLDING STRUCTURE

BOARD OF DIRECTORS*

The Rémy Cointreau group is administered by a Board of Directors which, since September 2004, has adopted a governance structure that separates the roles of Chairman of the Board of Directors and Chief Executive Officer. Competence and experience in the financial arena, the luxury goods sector and the management of large international companies are the selection criteria for board members.

The presence of several members who are permanent residents in various other countries also lends a welcome international and cultural dimension to the Board of Directors’ work, either because they have performed a role outside of France during their career, or because they hold or have held one or more appointments in non-French companies.

*July 20, 2023

Marie-Amélie de Leusse

Chairwoman of the Board of Directors

Caroline Bois Hériard Dubreuil

Vice-Chairwoman of the Board of Directors

Jérôme Bosc

Non-voting Board member

François Hériard Dubreuil

Non-voting Board member

Dominique Hériard Dubreuil

Non-voting Board member

Marc Hériard Dubreuil

Board member

Élie Hériard Dubreuil

Board member

Laure Hériard Dubreuil

Board member

Sonia Bonnet-Bernard

Independent Board member

Olivier Jolivet

Independent Board member

Guylaine Saucier

Independent Board member

Bruno Pavlovsky

Independent Board member

Alain Li

Independent Board member

Marc Verspyck

Independent Board member

Hélène Dubrule

Independent Board member

COMPOSITION OF THE BOARD OF DIRECTORS (July 20, 2023)

AUDIT-FINANCE COMMITTEE

75% independent – 4 members

Guylaine Saucier

Independent Board member

Caroline Bois Hériard Dubreuil

Vice-Chairwoman of the Board of Directors

Sonia Bonnet-Bernard

Independent Board member

Marc Verspyck

Independent Board member

NOMINATION AND REMUNERATION COMMITTEE

50% independent – 4 members

Bruno Pavlovsky

Independent Board member

Caroline Bois Hériard Dubreuil

Vice-Chairwoman of the Board of Directors

Olivier Jolivet

Independent Board member

Élie Hériard Dubreuil

Board member

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

50% independent – 4 members

Élie Hériard Dubreuil

Board member

Dominique Hériard Dubreuil

Non-voting Board member

Hélène Dubrule

Independent Board member

Olivier Jolivet

Independent Board member

AUDIT-FINANCE COMMITTEE

NOMINATION AND REMUNERATION COMMITTEE

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

Board members

Non-voting Board members

Independent Board members (excluding non-voting Board members)

58%

Independent Board members (excluding non-voting Board members)

56 YEARS

Average age of Board members

6 YEARS

Average length of service on the Board of Directors

42%

Women (excluding non-voting Board members)

58%

Men (excluding non-voting Board members)

Nationalities represented

Senior Management (June 30, 2023)

Group Chief Executive Officer since 1 December 2019, Éric Vallat is supported by an Executive Committee comprising ten directors from six different nationalities and from a range of backgrounds: spirits, cosmetics, fashion and accessories, and tableware.

The role of this Executive Committee is to implement the Group’s strategy for 2030, which aims to continue its transformation, to build a more sustainable, profitable and responsible business model, based on four strategic levers: enhancing the value per case of its spirits, moving towards client-centric business model, optimising its portfolio management by accelerating the development of the flagship brands of Liqueurs and Spirits and implementing the "Sustainable Exception" plan for more responsible growth.

Éric Vallat

Group Chief Executive Officer

Luca Marotta

Group Chief Financial Officer

Marc-Henri Bernard

Group Chief Human Ressources Officer

Patrick Marchand

Group Chief Operation Officer

Carina Alfonso Martin

Group Chief Communication Officer

Jean-Philippe Hecquet

Chief Executive Officer Cognac division

Élisabeth Tona

Chief Executive Officer Liqueurs & Spirits division

Douglas Taylor

Chief Executive Officer Scotch Whisky and Gin

Ian McLernon

Chief Executive Officer EMEA, North and South Asia-Pacific, and Travel retail

Nicolas Beckers

Chief Executive Officer Americas

Sophie Phe

Chief Executive Officer Greater China

COMPOSITION OF EXECUTIVE COMPENSATION (EXCLUDING LTIP)

Variable compensation:
– 50% based on quantitative criteria (Current Operating Profit/(loss), cash flow generation, net profit/(loss) excluding non-recurring items, ROCE)
– 50% based on qualitative criteria (including one CSR target)

SHAREHOLDING STRUCTURE at 31 March 2023

(% EQUITY INTEREST)