BIC_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE Corporate Officers’ compensation

AMOUNT AND STRUCTURE OF THE VARIABLE REMUNERATION OF MARIE-AIMÉE BICH-DUFOUR IN 2017

20% GroupNetsales

30% Personalobjectives

29% Bonus

71% Fixed compensation

20% Group Income fromoperations

10% GroupReceivables

10% Group Inventories

10% GroupNet income

BONUS – MARIE-AIMÉE BICH-DUFOUR

Index of achievement of 2017 objectives

Actual 2017 bonus paid. as a % of base salary

Criteria

Weight of criteria

2016 Bonus as a % of base salary

Target (index 100)

Minimum

Maximum

Group Net sales

20% 3.60% 9.00% 13.50% 20% 3.60% 9.00% 13.50% 10% 1.80% 4.50% 6.75% 10% 1.80% 4.50% 6.75% 10% 1.80% 4.50% 6.75% 30% 5.40% 13.50% 20.25%

94.5 95.5

7,65% 7.83% 5.18% 4.23% 3.69%

Group Income from operations

Group Net income

104.9

Group Inventory

97.7 93.8 85.0

Group Receivables

Personal objectives and overall assessment: - Governance of the Board of Directors - Sustainable development program.

11.48%

TOTAL

100% 18.00% 45.00% 67.50%

40.06%

The individual part represents 30% of the target bonus and represents a maximum of 20.25% of the fixed compensation. For 2017, the individual part represents 28.7% of the bonus due. The Board of Directors has decided to pay Marie-Aimée Bich-Dufour a bonus in respect of 2017 amounting to 120,541 euros, representing 40.06% of fixed compensation and 89% of the target bonus. Total compensation 3.2.2.2. The total amount of fixed and variable remuneration awarded to the four Corporate Officers for the fiscal year 2017 is equal to 1,403,621 euros in respect of fixed remuneration (base) and 776,483 euros in respect of variable remuneration (bonus). For the fiscal year 2016, those amounts paid to the six Corporate Officers active in 2016 were 1,361,636 euros in respect of fixed remuneration (base) and 683,926 euros in respect of variable remuneration (bonus).

The total amount of remuneration awarded to the 16 members of the Leadership Team (including the Chief Executive Officer and the three Executive Vice-Presidents) for the fiscal year 2017, is equal to 4,578,385 euros in respect of fixed remuneration (base) and 2,279,980 euros in respect of variable remuneration (bonus). For the fiscal year 2016, the team was made up of 16 members and those amounts were 4,751,032 euros in respect of fixed remuneration (base) and 2,223,851 euros as variable remuneration (bonus). Individual remuneration 3.2.2.3. Total compensation and fringe benefits awarded for fiscal years 2016 and 2017 by SOCIÉTÉ BIC and by the companies it controls, within the meaning of Article L. 233-16 of the French Commercial Code, to members of the Management bodies of SOCIÉTÉ BIC in respect of their functions within the Group, were as follows:

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BIC GROUP - 2017 REGISTRATION DOCUMENT