BIC - 2018 Registration document

INFORMATION ABOUT THE ISSUER

Shareholding

SHAREHOLDING 7.3.

SHARE CAPITAL BREAKDOWN

The table below lists the Shareholders who, to the best of the aware of any other Shareholder holding more than 5% of the share Company’s knowledge, hold more than 5% of the share capital capital or of the voting rights. This table also gives information and/or of the voting rights of the Company. The Company is not regarding treasury shares owned by SOCIÉTÉ BIC.

Dec. 31, 2018

Number of theoretical voting rights (c) (d) 41,035,351 25,424,506 15,610,845 25,664,296

Number of voting rights exercisable in SM (c) (d)

% of voting rights exercisable in SM

Number of shares

% of shares (approx.)

% of theoretical voting rights

Name

Bich family concert, including  (a) :

20,599,491

44.77 27.68 17.09 53.81

60.93 37.75 23.18 38.10

41,035,351 25,424,506 15,610,845 25,664,296

61.52 38.12 23.40 38.48

SOCIÉTÉ M.B.D. •

12,735,000

Bich family (excluding M.B.D.) •

7,864,491

Other Shareholders

24,759,003

Treasury shares  (b)

652,413

1.42 100

652,413

0.97 100

-

-

TOTAL

46,010,907

67,352,060

66,699,647

100

Dec. 31, 2017

Number of theoretical voting rights (c) (d) 40,946,702 25,347,000 15,599,702 26,352,963

Number of voting rights exercisable in SM (c) (d)

% of voting rights exercisable in SM

Number of shares

% of shares (approx.)

% of theoretical voting rights

Name

Bich family concert, including  (a) :

20,566,738

44.11 27.25 16.86 54.22

60.14 37.23 22.91 38.71

40,946,702 25,347,000 15,599,702 26,352,963

60.84 37.66 23.18 39.16

SOCIÉTÉ M.B.D. •

12,705,000

Bich family (excluding M.B.D.) •

7,861,738

Other Shareholders

25,281,674

Treasury shares  (b)

781,495

1.68 100

781,495

1.15 100

-

-

TOTAL

46,629,907

68,081,160

67,299,665

100

Dec. 31, 2016

Number of theoretical voting rights (c) (d) 40,913,554 25,331,506 15,582,048 27,316,596

Number of voting rights exercisable in SM (c) (d)

% of voting rights exercisable in SM

Number of shares

% of shares (approx.)

% of theoretical voting rights

Name

Bich family concert, including  (a) :

20,543,956

43.20 26.69 16.51 54.97

59.21 36.66 22.55 39.53

40,913,554 25,331,506 15,582,048 27,316,596

59.96 37.13 23.83 40.04

SOCIÉTÉ M.B.D. •

12,689,506

Bich family (excluding M.B.D.) •

7,854,450

Other Shareholders

26,140,226

Treasury shares  (b)

868,020

1.83 100

868,020

1.26 100

-

-

TOTAL 100 The Bich family concert is composed of SOCIÉTÉ M.B.D. (a company – société en commandite par actions) and of Bich family members holding direct interests in SOCIÉTÉ BIC. (a) Most Bich family members hold direct interests in SOCIÉTÉ BIC as well as indirect interests through SOCIÉTÉ M.B.D. Treasury shares without voting rights. (b) The difference between the number of shares and the number of voting rights is caused by double voting rights (see section 7.1. “Information on the Company”). (c) Voting rights attached to treasury shares are included in the number of theoretical voting rights but excluded from the number of exercisable voting rights. (d) 47,552,202 69,098,170 68,230,150

To the best of the Company’s knowledge, there are no agreements between the Shareholders providing preferential transfer or purchase conditions for BIC shares or agreements whose implementation could result in a change of control. It is specified that the Bich family holding, SOCIÉTÉ M.B.D., which holds more than 20% of the share capital and of the voting rights,

has concluded various collective agreements relating to the retention of at least 12 million BIC securities. These agreements date back as far as December 15, 2003 for the oldest and are, for the most part, still in force. They include various members of the family’s concert in order to allow these members, if the need arises, to take advantage of Article 787 B of the French General Tax

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• BIC GROUP - 2018 REGISTRATION DOCUMENT •