BIC - 2020 Universal Registration Document
CORPORATE GOVERNANCE
Corporate Officers’ remuneration
TABLE B – SUMMARY OF THE REMUNERATIONOF EACH CORPORATE OFFICER
(Table 2 following the format of the French Financial Markets Authority Position-Recommendation No. 2009-16)
Amounts for fiscal year 2020 (in euros)
Amounts for fiscal year 2019 (in euros)
Pierre Vareille Chair (non executive)
Due
Paid
Due
Paid
Fixed remuneration
300,000
487,500*
300,000
300,000
Annual variable remuneration
-
-
-
-
Multi-year variable remuneration
-
-
-
-
Extraordinary remuneration
-
-
-
-
Directors’ fees
-
-
-
-
Fringe benefits
-
-
-
-
TOTAL
300,000
487,500
300,000
300,000
Remuneration 2019 as Chairman and 2018 as lead director *
Amounts for fiscal year 2020 (in U.S. dollars) (b)
Amounts for fiscal year 2019 (in U.S. dollars) (a)
Due
Paid
Gonzalve Bich Chief Executive Officer
Due
Paid
Fixed compensation
USD
735,008
735,008
770,000
770,000
EUR
656,492 798,431
656,492 725,964
675,142 801,291
675,142 798,431
Annual variable compensation
USD
EUR
713,140
648,414
702,579
700,071
Multi-year variable compensation
-
-
-
-
Other compensation (c)
USD
34,409
34,409
15,742
15,742
EUR
30,733
30,733
13,803
13,803
Directors’ compensation
-
-
-
-
Benefits
1) Car allowance:
1) Car allowance:
1) Car allowance:
1) Car allowance:
USD
15,600
15,600
14,400
14,400
EUR
13,934
13,934
12,626
12,626
2) Company contributions to company U.S. savings plan:
2) Company contributions to company U.S. savings plan:
a) 401K:
a) 401K:
a) 401K:
a) 401K:
USD
8,400
8,400
7,088
7,088
EUR
7,503
7,503
6,215
6,215
b) Exec Comp Plan:
b) Exec Comp Plan:
b) Exec Comp Plan:
b) Exec Comp Plan:
USD
29,400
29,400
30,800
30,800
EUR
26,259
26,259
27,006
27,006
3) Other:
3) Other:
3) Other:
3) Other:
USD
34,872
34,872
33,198
33,198
EUR
31,147
31,147
29,108
29,108
TOTAL
USD
1,656,120 1,479,207
1,583,653 1,414,481
1,672,519 1,466,479
1,669,659 1,463,971
EUR
Amounts in U.S. dollars were converted into euros using the average exchange rate for 2019 (1 EUR = 1.1196 USD). (a) Amounts in U.S. dollars were converted into euros using the average exchange rate for 2020 (1 EUR = 1.1405 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 - 2020 UNIVERSAL REGISTRATION DOCUMENT •
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