BIC - 2018 Registration document

CORPORATE GOVERNANCE

Corporate Officers’ compensation

Individual compensation 4.2.2.3. Total compensation and fringe benefits awarded for fiscal years 2017 and 2018 by SOCIÉTÉ BIC and by the companies it controls, within the meaning of Article L. 233-16 of the French Commercial Code, to members of the Management bodies of SOCIÉTÉ BIC in respect of their functions within the Group, were as follows:

TABLE A – SUMMARY OF COMPENSATION. OPTIONS AND SHARES AWARDED TO EACH CORPORATE OFFICER (Table 1 following the format of the French Financial Markets Authority Position-Recommendation No. 2009-16)

Bruno Bich Chairman and Chief Executive Officer until May 16, 2018

Fiscal year 2017 (in euros)

Fiscal year 2018 (in euros)

Compensation due in respect of the year (detailed in table B)

204,000

76,500

Valuation of multi-year variable compensation awarded during the year Valuation of stock options awarded during the year (detailed in table D) Valuation of performance shares awarded during the year (detailed in table G)

- - -

- - -

TOTAL

204,000

76,500

Pierre Vareille Vice-President and Lead Director then Chairman from May 16, 2018

Fiscal year 2017 (in euros)

Fiscal year 2018 (in euros)

Compensation due in respect of the year (detailed in table B)

84,700

226,688

Valuation of multi-year variable compensation awarded during the year Valuation of stock options awarded during the year (detailed in table D) Valuation of performance shares awarded during the year (detailed in table G)

- - -

- - -

TOTAL

84,700

226,688

Gonzalve Bich Executive Vice-President then Chief Executive Officer from May 16, 2018

Fiscal year 2017 (in U.S. dollars) (a) 997,687 (882,908 euros)

Fiscal year 2018 (in U.S. dollars) (b) 1,461,705 (1,237,685 euros)

Compensation due in respect of the year (detailed in table B)

Valuation of multi-year variable compensation awarded during the year Valuation of stock options awarded during the year (detailed in table D) Valuation of performance shares awarded during the year (detailed in table G)

- -

-   -

985,812 (872,400 euros)

1,360,157 (1,151,700 euros) 2,821,862 (2,389,385 EUROS)

1,983,499 (1,755,308 EUROS)

TOTAL

Amounts in U.S. dollars were converted into euros using the average exchange rate for 2017 (1 EUR = 1.1300 USD). (a) Amounts in U.S. dollars were converted into euros using the average exchange rate for 2018 (1 EUR = 1.1810 USD). (See Note 3 to the consolidated financial statements). (b)

James DiPietro Executive Vice-President

Fiscal year 2017 (in U.S. dollars) (a) 1,012,771 (896,257 euros)

Fiscal year 2018 (in U.S. dollars) (b) 1,156,913 (979,606 euros)

Compensation due in respect of the year (detailed in table B)

Valuation of multi-year variable compensation awarded during the year Valuation of stock options awarded during the year (detailed in table D) Valuation of performance shares awarded during the year (detailed in table G)

- -

-  - 

985,812 (872,400 euros)

725,417 (614,240 euros)

1,998,583 (1,768,657 EUROS)

1,882,330 (1,593,846 EUROS)

TOTAL

Amounts in U.S. dollars were converted into euros using the average exchange rate for 2017 (1 EUR = 1.1300 USD). (a) Amounts in U.S. dollars were converted into euros using the average exchange rate for 2018 (1 EUR = 1.1810 USD). (See Note 3 to the consolidated financial statements). (b)

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• BIC GROUP - 2018 REGISTRATION DOCUMENT •