BIC - 2019 Universal Registration Document

COMMENTS ON THE YEAR

OPERATIONS AND CONSOLIDATED RESULTS 5.1.

170

The Group in 2019

170 173 173 175

2019 Group non-financial performance 2019 Group performance by category 2019 Group performance by geographical area

FINANCIAL SITUATION AND CASH 5.2.

178

DIVIDENDS 5.3.

179

INVESTMENTS 5.4.

180

Principal investments over recent years

180 181 181 181

Principal investments in 2019

Principal investments in progress: geographic distribution and financing methods

Principal future investments

169

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •