Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-31

Interparfums (IPAR)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,097,316
Jean Madar total, FY2025
1st
CEO pay percentile vs peers
CEO-to-median pay ratio
84.28%
Say-on-pay support, latest vote
Companies that benchmark against IPAR
1 company names IPAR as a compensation peer

Each company listed discloses IPAR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named IPAR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jean Madar$2,000,000$0$97,316$0$0$0$0$2,097,316
Chairman and Chief Executive Officer
Philippe Benacin846,640474,60097,3160020,22512,2041,450,985
President of Interparfums, Inc. and Chief Executive Officer of Interparfums SA
Philippe Santi547,618536,75097,316037,48019,68101,238,845
Executive Vice President, Interparfums SA
Herve Bouillonnec927,000135,000082,0530001,144,053
Global Chief Commercial Officer of Interparfums, USA LLC
Michel Atwood721,000110,000082,053000913,053
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jean Madar$2,097,316
Philippe Benacin1,450,985
Philippe Santi1,238,845
Herve Bouillonnec1,144,053
Michel Atwood913,053

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michel AtwoodOPTION2025-12-314,000$339,320
Herve BouillonnecOPTION2025-12-314,000339,320
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michel Atwood$0$0$339,3200.0%
Herve Bouillonnec00339,3200.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michel AtwoodOption2,00097.84
Michel AtwoodOption2,400147.71
Michel AtwoodOption3,200130.6
Michel AtwoodOption4,00084.64
Herve BouillonnecOption4,00086.84
Herve BouillonnecOption2,00097.84
Herve BouillonnecOption2,400147.71
Herve BouillonnecOption3,200130.6
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-09-1024,524,7024,575,392408,96884.28%Passed
20242024-09-1730,211,531474,45220,32398.45%Passed
20232023-09-1429,368,568774,98510,81497.43%Passed
20222022-09-0929,891,753275,95916,06599.09%Passed
20212021-10-0529,576,936490,6055,09198.37%Passed
20202020-10-0829,154,912344,3551,57198.83%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-09-1084.28%a
20242024-09-1798.45%b
20232023-09-1497.43%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
François HeilbronnIndependent · Board Chair · Audit (Chair) · Executive Compensation and Stock Option · Nominating (Chair) · Nominating/Governance · Compensation · 2016 Option Plan Committee (Chair)$26,000$0$30,770$0$110,019$166,789
Veronique Gabai-PinskyIndependent · Audit · Executive Compensation and Stock Option · Nominating · 2016 Option Plan Committee26,000030,770089,697146,467
Robert BensoussanIndependent · Audit · Executive Compensation and Stock Option · Nominating · Nominating/Governance · Compensation23,000030,770090,324144,094
Gilbert HarrisonIndependent9,000030,770090,324130,094
Gerard KappaufIndependent15,000030,7700045,770
Patrick Bousquet-ChavanneIndependent · Audit · Executive Compensation and Stock Option · Nominating · 2016 Option Plan Committee3,000030,7700033,770
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee$6,000
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$102,000
Equity awards (grant-date value)$0
All other compensation$380,364
Total cost of the board$482,364

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

LVMUY LVMH Moët Hennessy Louis VuittonNATU Natura &Co Holding SSEL The Estée Lauder Companies Inc.PG The Procter & Gamble CompanyOLPX Olaplex Holdings, Inc.COTY Coty Inc.SHE Shiseido Co Ltd.LRL L’Oréal SAELF e.l.f. Beauty, Inc.
10a

Peer reciprocity

Of the companies Interparfums names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

LVMH Moët Hennessy Louis Vuitton (LVMUY) Natura &Co Holding SS (NATU) The Estée Lauder Companies Inc. (EL)25 The Procter & Gamble Company (PG)26 Olaplex Holdings, Inc. (OLPX) Coty Inc. (COTY)27 Shiseido Co Ltd. (SHE) L’Oréal SA (LRL) e.l.f. Beauty, Inc. (ELF)28

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Interparfums.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1The Procter & Gamble Company2025Jon Moeller$1,637,500$11,519,645$6,562,515$0$21,909,816
2Coty Inc.2025Sue Nabi3,529,80016,041,6640019,691,333
3The Estée Lauder Companies Inc.2025Fabrizio Freda2,100,0009,000,0322,249,9943,096,85017,793,402
4e.l.f. Beauty, Inc.2026Tarang Amin475,0007,399,8670950,0008,834,367
5Olaplex Holdings, Inc.2025Amanda Baldwin1,000,0005,000,0000515,0006,541,537
6Interparfums2025Jean Madar2,000,00097,316002,097,316
LVMH Moët Hennessy Louis Vuittonnot in coverage universe
Natura &Co Holding SSnot in coverage universe
Shiseido Co Ltd.not in coverage universe
L’Oréal SAnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Interparfumsnot disclosednot disclosednot disclosednot disclosed
Coty Inc.not disclosednot disclosedNoWillis Towers Watson
e.l.f. Beauty, Inc.200%PSU 50 · RSU 50NoAon (Aon's Human Capital Solutions practice, a division of Aon plc.)
L’Oréal SAnot disclosednot disclosednot disclosednot disclosed
LVMH Moët Hennessy Louis Vuittonnot disclosednot disclosednot disclosednot disclosed
Natura &Co Holding SSnot disclosednot disclosednot disclosednot disclosed
Olaplex Holdings, Inc.103%RSU 100not disclosedAon
Shiseido Co Ltd.not disclosednot disclosednot disclosednot disclosed
The Estée Lauder Companies Inc.51.5%PSU 40 · RSU 40 · Options 20NoSemler Brossy
The Procter & Gamble Company57%PSU 50Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jean MadarDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation”. As printed: 2,097,316. Filing ↗machine: r2 · c18 · span 238834–238843
2Section 01, Philippe BenacinDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation”. As printed: 1,450,985. Filing ↗machine: r10 · c18 · span 265462–265471
3Section 01, Philippe SantiDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation”. As printed: 1,238,845. Filing ↗machine: r14 · c18 · span 278833–278842
4Section 01, Herve BouillonnecDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation”. As printed: 1,144,053. Filing ↗machine: r18 · c18 · span 292185–292194
5Section 01, Michel AtwoodDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation”. As printed: 913,053. Filing ↗machine: r6 · c18 · span 252139–252146
6Section 03, Michel Atwood OPTIONDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Herve Bouillonnec OPTIONDEF 14A2026-07-310001753926-26-001295Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 08, François HeilbronnDEF 14A2026-07-310001753926-26-001295Section “Director Compensation”. As printed: 166,789. Filing ↗machine: span 639294–639301
9Section 08, Veronique Gabai-PinskyDEF 14A2026-07-310001753926-26-001295Section “Director Compensation”. As printed: 146,467. Filing ↗machine: span 648615–648622
10Section 08, Robert BensoussanDEF 14A2026-07-310001753926-26-001295Section “Director Compensation”. As printed: 144,094. Filing ↗machine: span 643958–643965
11Section 08, Gilbert HarrisonDEF 14A2026-07-310001753926-26-001295Section “Director Compensation”. As printed: 130,094. Filing ↗machine: span 653265–653272
12Section 08, Gerard KappaufDEF 14A2026-07-310001753926-26-001295Section “Director Compensation”. As printed: 45,770. Filing ↗machine: span 657904–657910
13Section 08, Patrick Bousquet-ChavanneDEF 14A2026-07-310001753926-26-001295Section “Director Compensation”. As printed: 33,770. Filing ↗machine: span 661836–661842
14Section 06, 2025 voteForm 8-K2025-09-100001753926-25-001456Item 5.07 · say-on-pay result. As reported: 84.28% (votes for as printed: 24,524,702). Filing ↗
15Section 06, 2024 voteForm 8-K2024-09-190001753926-24-001594Item 5.07 · say-on-pay result. As reported: 98.45% (votes for as printed: 30,211,531). Filing ↗
16Section 06, 2023 voteForm 8-K2023-09-190001753926-23-001245Item 5.07 · say-on-pay result. As reported: 97.43% (votes for as printed: 29,368,568). Filing ↗
17Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
18Section 09b board cost (computed)ComputedcomputedCash 102,000 + equity 0 + all other 380,364 = 482,364, summed across the director compensation table rows.machine: formula: Σ = 482,364
19The Procter & Gamble Company, Section 10b CEO totalDEF 14A2025-08-290001193125-25-191749CEO total compensation as printed in The Procter & Gamble Company's own proxy. As printed: 21,909,816. Filing ↗machine: t160 · r6 · c44 · span 892224–892234
20Coty Inc., Section 10b CEO totalDEF 14A2025-09-300001024305-25-000058CEO total compensation as printed in Coty Inc.'s own proxy. As printed: 19,691,333. Filing ↗machine: r2 · c51 · span 651166–651176
21The Estée Lauder Companies Inc., Section 10b CEO totalDEF 14A2025-09-250001104659-25-093184CEO total compensation as printed in The Estée Lauder Companies Inc.'s own proxy. As printed: 17,793,402. Filing ↗machine: r8 · c55 · span 1662302–1662312
22e.l.f. Beauty, Inc., Section 10b CEO totalDEF 14A2026-07-080001600033-26-000030CEO total compensation as printed in e.l.f. Beauty, Inc.'s own proxy. As printed: 8,834,367. Filing ↗machine: r2 · c36 · span 1742102–1742112
23Olaplex Holdings, Inc., Section 10b CEO totalDEF 14A2026-05-290001868726-26-000044CEO total compensation as printed in Olaplex Holdings, Inc.'s own proxy. As printed: 6,541,537. Filing ↗machine: t27 · r3 · c8 · span 629363–629372
24Interparfums (subject), Section 10b CEO totalDEF 14A2026-07-310001753926-26-001295CEO total compensation as printed in Interparfums's own proxy. As printed: 2,097,316. Filing ↗machine: r2 · c18 · span 238834–238843
25Section 10a, The Estée Lauder Companies Inc. reciprocityDEF 14A0001104659-25-093184The Estée Lauder Companies Inc.'s most recent proxy was read; its disclosed peer group does not include Interparfums. Filing ↗
26Section 10a, The Procter & Gamble Company reciprocityDEF 14A0001193125-25-191749The Procter & Gamble Company's most recent proxy was read; its disclosed peer group does not include Interparfums. Filing ↗
27Section 10a, Coty Inc. reciprocityDEF 14A0001024305-25-000058Coty Inc.'s most recent proxy was read; its disclosed peer group does not include Interparfums. Filing ↗
28Section 10a, e.l.f. Beauty, Inc. reciprocityDEF 14A0001600033-26-000030e.l.f. Beauty, Inc.'s most recent proxy was read; its disclosed peer group does not include Interparfums. Filing ↗