EssilorLuxottica grants CEO Francesco Milleri 100,000 performance shares under long-term incentive plan

29. Sep 2026

Description

(AWP Alliance News) - EssilorLuxottica set a new long-term incentive award of up to 1,472,356 performance shares for nearly 10,000 employees under its 2025 grant. The board allocated 100,000 performance shares to CEO Francesco Milleri, with 45,000 to Deputy CEO Paul du Saillant.

Vesting is set at three years, subject to continued service, with performance weighted 50% to cumulative adjusted EPS for 2025-2027, 30% to annualized share-price growth, 20% to a 2027 CO2 emissions target. The share-price metric pays 0% below 2% annualized growth, rising to 100% above 7%, based on an initial reference price of EUR 314.38 and a three-year average price range of EUR 333.62 to EUR 385.13. The CO2 metric delivers 0% above 2,900 kilotonnes, scaling up to 100% at or below 2,700 kilotonnes.

https://docs.publicnow.com/7671D3C95DD0E4D5CD03FB533CD05446DBC6C2A8

Disclaimer: This news brief was created using generative artificial intelligence. EssilorLuxottica SA published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.