BIC - 2020 Universal Registration Document

INFORMATION ABOUT THE ISSUER

Share capital

II. Authorization to increase the capital by capitalization of reserves, profits, premiums or other (b)

Maximum amount

Total maximum amount of reserves, profits and/or premiums or other sums that may be capitalized into the share capital and which will exist at the moment of the decision to increase the share capital, net of the amount that may be necessary to preserve, in compliance with the law, the rights of bearers of already issued securities giving right to the shares of the Company.

Date

May 20, 2020 (resolution 20)

Term

26 months

Expiration date

July 19, 2023

Use in 2020

No

Article L. 225-129 of the French Commercial Code. (b)

III. Authorizations to increase the capital in favor of employees and corporate officers Issue of shares reserved for members of an employee savings plan (c)

Grantings of free shares to be issued (d)

Share options (e)

Maximum amount

3% of the share capital

4% of the share capital over 38 months (with a maximum of 0.4% for the Corporate Officers) and 6% of the share capital (taking into account the stock options)

2% of the share capital over 38 months (with a maximum of 0.8% for the Corporate Officers) and 6% of the share capital (taking into account the free grant of shares)

Date

May 20, 2020 (resolution 21)

May 16, 2018 (resolution 22)

May 16, 2018 (resolution 23)

Term

26 months

38 months

38 months

Expiration date

July 19, 2023

July 15, 2021

July 15, 2021

Use in 2020

No

No

No

Issuance price

Determined by the Board of Directors pursuant to Article L. 3332-19 of the French Labor Code

- Cannot be lower than the average share price on the Paris Stock Exchange, on the market with monthly payment, during the twenty sessions of the Paris Stock Exchange before the day the options are granted

Articles L. 225-138 and L. 225-138-1 of the French Commercial Code and L. 3332-1 et seq. of the French Labor Code. (c) Articles L. 225-197-1 et seq. of the French Commercial Code. (d) Articles L. 225-177 et seq. of the French Commercial Code. (e)

The text of these delegations is available on the website https://us.bic.com/en_us/investors-agm-shareholders.

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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •