Clarification from Benjamin Smith

Clarification from Benjamin Smith

Following the debate surrounding the remuneration of the CEO of the Air France-KLM Group, Benjamin Smith clarified, "I would like to highlight and repeat the commitment I made on 16 March 2020 to reduce my remuneration by 25% during the covid-19 crisis. In the context of the very difficult period that the Air France-KLM Group is currently going through, this reduction clearly includes forfeiting my annual short term variable compensation (“bonus”) for the financial year 2020, as well. Once again, I would like to thank all the Air France KLM Group's employees for their exceptional commitment at a time when our industry is going through the worst crisis in its history."

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