BIC - 2019 Universal Registration Document

CORPORATE GOVERNANCE

Corporate Officers’ compensation

TABLE B – SUMMARY OF THE COMPENSATIONOF EACH CORPORATE OFFICER

(Table 2 following the format of the French Financial Markets Authority Position-Recommendation No. 2009-16)

Pierre Vareille Chairman

Amounts for fiscal year 2019 (in euros)

Amounts for fiscal year 2018 (in euros)

Due

Paid

Due

Paid

Fixed compensation

187,500

-

300,000

487,500

Annual variable compensation

-

-

-

-

Multi-year variable compensation

-

-

-

-

Extraordinary compensation

-

-

-

-

Directors’ fees

39,188

84,700

-

-

Fringe benefits

-

-

-

-

TOTAL

226,688

84,700

300,000

487,500

Gonzalve Bich Chief Executive Officer

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

Amounts for fiscal year 2019 (in U.S. dollars) (b)

Due

Paid

Due

Paid

Fixed compensation

628,125 (531,859 euros) 725,964 (614,703 euros)

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

735,008 (656,492 euros) 798,431 (713,140 euros)

735,008 (656,492 euros) 725,964 (648,414 euros)

Annual variable compensation

Multi-year variable compensation

-

-

-

-

Other compensation  (c)

34,344 (29,080 euros)

34,344 (29,080 euros)

34,409 (30,734 euros)

34,409 (30,734 euros)

Directors’ compensation

-

-

-

-

Fringe benefits

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

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

1) Car allowance: 15,600 (13,934 euros)

1) Car allowance: 15,600 (13,934 euros)

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

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

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

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

a) 401 K: 8,400 (7,502 euros)

a) 401 K: 8,400 (7,502 euros)

b) Exec Comp Plan: 20,000 (16,935 euros) 3) Other: 29,873 (25,295 euros) 1,461,705 (1,237,685 EUROS)

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

b) Exec Comp Plan: 29,400 (26,259 euros) 3) Other: 34,872 (31,147 euros) 1,656,120 (1,479,207 EUROS)

b) Exec Comp Plan: 29,400 (26,259 euros) 3) Other: 34,872 (31,147 euros) 1,583,653 (1,414,480 EUROS)

TOTAL

Amounts in U.S. dollars were converted into euros using the average exchange rate for 2018 (1 EUR = 1.1810 USD). (a) Amounts in U.S. dollars were converted into euros using the average exchange rate for 2019 (1 EUR = 1.1196 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 - 2019 UNIVERSAL REGISTRATION DOCUMENT •