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SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2023

Share-based payment arrangements [Abstract]

Schedule of Inputs to the Model Used for PSUs Granted

The following table lists the inputs to the valuation model used for the PSUs granted in March 2023:

March 2023 PSUs

Fair value at grant date (in euros)

21.56

Share price at grant date (in euros)

15.23

Dividend yield

—

Expected volatility (A)

67%

Risk-free interest rate (US government bond yield)

4.56%

Model used

Monte Carlo

(A)Volatility in the share prices of the Company and companies included in indices were estimated based on observed historical volatilities over a period equal to the PSU vesting period.

X

- Definition

Share-based payment arrangements

+ References

No definition available.

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X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's other equity instruments (ie other than share options).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2022-03-24
-Paragraph 47
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_47_b&doctype=Standard
-URIDate 2022-03-24

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