BIC - 2018 Registration document

CORPORATE GOVERNANCE

Corporate Officers’ compensation

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

Amounts for fiscal year 2017 (in U.S. dollars) (a)

Amounts for fiscal year 2018 (in U.S. dollars) (b)

Due

Paid

Due

Paid

Fixed compensation

500,000 (442,478 euros) 397,400 (351,681 euros)

500,000 (442,478 euros) 258,400 (228,673 euros)

628,125 (531,859 euros) 725,963 (614,702 euros)

628,125 (531,859 euros) 397,400 (336,494 euros)

Annual variable compensation

Multi-year variable compensation

-

-

Other compensation  (c)

18,632 (16,488 euros)

18,632 (16,488 euros)

34,344 (29,080 euros)

34,344 (29,080 euros)

Directors’ fees Fringe benefits

-

-

1) Car allowance: 14,400 (12,743 euros)

1) Car allowance: 14,400 (12,743 euros)

1) Car allowance: 15,150 (12,828 euros)

1) Car allowance: 15,150 (12,828 euros)

2) Company contributions to company U.S. savings plan:

2) Company contributions to company U.S. savings plan:

2) Company contributions to company U.S. savings plan:

2) Company contributions to company U.S. savings plan:

a) 401 K: 8,100 (7,168 euros)

a) 401 K: 8,100 (7,168 euros)

a) 401 K: 8,250 (6,986 euros)

a) 401 K: 8,250 (6,986 euros)

b) Exec Comp Plan: 20,000 (17,699 euros) 3) Other: 39,155 (34,651 euros) 997,687 (882,908 EUROS)

b) Exec Comp Plan: 20,000 (17,699 euros) 3) Other: 39,155 (34,651 euros) 858,687 (759,900 EUROS)

b) Exec Comp Plan: 20,000 (16,935 euros)

b) Exec Comp Plan: 20,000 (16,935 euros) 3) Other: 29,873 (25,295 euros) 1,133,142 (959,477 EUROS)

3) Other: 29,873 (25,295 euros)

1,461,705 (1,237,685 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). (b) Compensation equivalent to the dividends unpaid on the shares acquired and held by SOCIÉTÉ BIC until the end of the compulsory holding period. (c)

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• BIC GROUP - 2018 REGISTRATION DOCUMENT •