EMPLOYEES 17 17.1 17.2 HUMAN RESOURCES MANAGEMENT CORPORATE SOCIAL RESPONSIBILITY Employment 17.1.1 NUMBER AND BREAKDOWN OF EMPLOYEES As at December 31, 2017, GenSight Biologics personnel totaled 34, distributed by contract type, sex and age range as follows: As of December 31, 2017, we had 34 employees, 30 of whom are full-time, 14 of whom hold Ph.D., Pharm.D. or M.D. degrees, 2016 2017 26 of whom are engaged in preclinical development and Headcount as at December 31 27 34 regulatory affairs, clinical development, research, engineering and production, 7 of whom are engaged in management and of which permanent 26 34 administration and 1 of whom is engaged in sales and marketing. of which fixed-term 1 — We consider our labor relations to be good. of which women 15 20 As of December 31, 2017, 33 of our employees were located in of which men 12 14 France, and one was located in the United States. < 35 years old 6 10 The table below shows the changes in the number of our > 35 years old 21 24 employees over the last two years. Employee movements during the fiscal year ended December 31, 2016 2017 2017 (hirings and departures) may be broken down as follows: As of January 1 25 27 2016 2017 New hires 5 13 Number of hirings (1) 5 13 Departures(1) 3 6 of which permanent 5 13 Dismissals(2) — — of which fixed-term — — As of December 31 27 34 Number of departures(2) 3 6 (1) This category includes both voluntary and involuntary departures. (2) Individual dismissals (for cause). (1) These hirings are related to the activity growth of the Society. (2) These departures correspond to voluntary departures. 17.1.2 HUMAN RESOURCES POLICY There were no layoffs during the period. Our human resources management is organized around the Compensation following principles: The payroll expense for the fiscal year ended December 31, 2017 We apply the “Convention collective nationale des ingénieurs et was the following: cadres de la métallurgie”. There are no company-wide agreements, other than our internal 2016 2017 rules and regulations. Payroll expense 4,244 5,784 (in Keuros) Standard employment contracts contain clauses that deal with inventions and copyright. As from the end of their employment Employees under a permanent employment contract are entitled contracts, our management employees are bound by a one-year to fixed salary and a variable compensation in the form of a bonus covenant not to compete and a two-year obligation not to solicit scheme based on both corporate and individual objectives and our customers. ranging from 10% to 40% of the fixed amount. They are eligible to receive employee share warrants (bons de souscription de parts de With respect to remuneration policy, al l employees hired créateur d’entrepriseor “BCEs”) or free shares (attributions gratuites pursuant to permanent employment contracts receive a variable d’actions, or AGA). remuneration in addition to their fixed remuneration, which is a percentage ranging between 10% and 40% of their fixed salary. 172– GENSIGHT BIOLOGICS – 2017 Registration Document