BIC - 2018 Registration document

FINANCIAL STATEMENTS

Parent company financial statements of Société Bic (French GAAP)

STOCK OPTION PLANS NOTE 22

As part of a policy recommended and approved by the managers) will receive three-year performance-based share Compensation and Nomination Committee, the Board of Directors grants. To replace the stock option programs rewarding staff decided not to award stock options from 2011 and to set up a selected by Management, share grants without performance policy of free share grants. Some 500 executives receiving stock conditions will be awarded. options on the basis of their position in the Company (eligible Plan 13 Annual Shareholders’ Meeting date May 12, 2010 Board of Directors’ Meeting date Dec. 16, 2010 Number of beneficiaries 643 Number of options available for subscription 382,950 o/w options granted to the current members of the Leadership Team as of December 31, 2018 • 3,350 Date from which options may be exercised Dec. 17, 2013 Option expiration date Dec. 15, 2018 Exercise price (euros)* 63.71 Number of options exercised as of Dec. 31, 2018 329,746 Number of void options as of Dec. 31, 2018 53,204 Number of remaining options as of Dec. 31, 2018 - No discount on the exercise price. *

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• BIC GROUP - 2018 REGISTRATION DOCUMENT •