BIC_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE Corporate Officers’ compensation

James DiPietro Executive Vice-President from June 2016

Amounts for fiscal year 2016 (in U.S. dollars) (a)

Amounts for fiscal year 2017 (in U.S. dollars) (b)

Due

Paid

Due

Paid

493,333 (445,971 euros) 344,850 (311,743 euros)

493,333 (445,971 euros) 278,569 (251,825 euros)

515,000 (455,752 euros) 343,814 (304,260 euros)

515,000 (455,752 euros) 344,850 (305,177 euros)

Fixed compensation

Annual variable compensation

Multi-year variable compensation

-

-

-

-

76,739 (69,372 euros)

76,739 (69,372 euros)

74,606 (66,023 euros)

74,606 (66,023 euros)

Other remuneration (c)

Directors’ fees

-

-

-

-

1) Car allowance: 13,800 (12,475 euros) Company contributions to company U.S. savings plan: a) 401 K: 7,950 (7,187 euros) b) Exec Comp Plan: 20,000 (18,080 euros) 3) Other: 38,797 (35,072 euros) 995,469 (899,900 EUROS)

1) Car allowance: 13,800 (12,475 euros) Company contributions to company U.S. savings plan: a) 401 K: 7,950 (7,187 euros) b) Exec Comp Plan: 20,000 (18,080 euros) 3) Other: 38,797 (35,072 euros) 929,188 (839,982 EUROS)

1) Car allowance: 13,800 (12,475 euros) Company contributions to company U.S. savings plan: a) 401 K: 8,100 (7,168 euros) b) Exec Comp Plan: 20,000 (17,699 euros) 3) Other: 37,451 (33,143 euros) 1,012,771 (896,257 EUROS)

1) Car allowance: 13,800 (12,212 euros)

Fringe benefits

Company contributions to company U.S. savings plan:

a) 401 K: 8,100 (7,168 euros)

b) Exec Comp Plan: 20,000 (17,699 euros) 3) Other: 37,451 (33,143 euros) 1,013,807 (897,174 EUROS)

TOTAL

Amounts in U.S. dollars were converted into euros using the average exchange rate for 2016 (1 EUR = 1.1062 USD). (a) Amounts in U.S. dollars were converted into euros using the average exchange rate for 2017 (1 EUR = 1.1300 USD). (b) Remuneration equivalent to the dividends unpaid on the shares acquired and held by SOCIÉTÉ BIC until the end of the compulsory holding period. (c)

Marie-Aimée Bich-Dufour Executive Vice-President

Amounts for fiscal year 2016 (in euros)

Amounts for fiscal year 2017 (in euros)

Due

Paid

Due

Paid

Fixed compensation

295,000 138,591

295,000 139,122

300,900 120,541

300,900 138,591

Annual variable compensation

Multi-year variable compensation

- - -

- - -

- - -

- - -

Extraordinary compensation

Directors’ fees

Vehicle (Value of benefit): 1,488

Vehicle (Value of benefit): 1,488

Vehicle (Value of benefit): 1,488

Vehicle (Value of benefit): 1,488

Fringe benefits

TOTAL

435,079

435,610

422,929

440,979

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BIC GROUP - 2017 REGISTRATION DOCUMENT