BIC - 2020 Universal Registration Document

BOARDOF DIRECTORS’ REPORT AND DRAFT RESOLUTIONS OF THE SHAREHOLDERS’ MEETING OF MAY 19, 2021

Ordinary Shareholders’ Meeting

RESOLUTION 13 Approval of the compensation policy for the executive corporate officers for the fiscal year 2021

Purpose Pursuant to Article L. 22-10-8 of the French Commercial Code, you are asked to approve the compensation policy for the executive corporate officers of the Company for 2021, set by the Board of Directors, on the Remuneration Committee’s recommendation. This compensation policy is described in the report on corporate governance provided for by Article L. 225-37 of the French Commercial Code included in chapter 4.2 of the 2020 universal registration document (page 176). Thirteenth resolution Approval of the compensation policy for the executive corporate officers for the fiscal year 2021 The General Meeting, voting under the quorum and majority conditions required for Ordinary General Meetings, after considering the report on corporate governance referred to in Article L. 225-37 of the French Commercial Code, approves, pursuant to Article L. 22-10-8 of the French Commercial Code, the compensation policy for the executive corporate officers for fiscal year 2021 as described in this report.

RESOLUTION 14 Compensation policy for Directors

Purpose Pursuant to Article L. 22-10-8 of the French Commercial Code, you are asked to approve the compensation policy for the Directors of the Company, set by the Board of Directors, on the Remuneration Committee’s recommendation. This compensation policy is described in the report on corporate governance provided for by Article L. 225-37 of the French Commercial Code included in chapter 4.2 of the 2020 universal registration document (page 175). Fourteenth resolution Approval of the compensation policy for Directors The General Meeting, voting under the quorum and majority conditions required for Ordinary General Meetings, after considering the report on corporate governance referred to in Article L. 225-37 of the French Commercial Code, approves, pursuant to Article L. 22-10-8 of the French Commercial Code, the compensation policy for Directors for fiscal year 2021 as described in this report.

RESOLUTION 15 Compensation granted to members of the Board of Directors

Purpose You are asked to set a maximum total annual amount of compensation to be allocated among members of the Board of Directors of 600,000 euros. Fifteenth resolution Setting the total annual amount of compensation for Directors The General Meeting, voting in accordance with quorum and majority rules for Ordinary General Meetings, after considering the Board of Directors’ Report, sets as from fiscal year 2021 the total maximum amount provided for by Article L. 225-45 of the French Commercial Code available for compensation to members of the Board of Directors at 600,000 euros per year.

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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •