BPCE_REGISTRATION_DOCUMENT_2017
7 LEGAL INFORMATION
Statutory Auditors’ special report on related-party agreements and commitments
Agreements with shareholders
This transaction resulted in the recognition of an expense of €3,452,596.03 on BPCE’s 2017 financial statements. Collateral remuneration agreement between BPCE and the Banque Populaire banks Directors concerned on the applicable date: Gérard Bellemon, a memberof the SupervisoryBoard of BPCE and Chairmanof the Board of Directors of Banque Populaire Val de France, Thierry Cahn, a memberof the SupervisoryBoard of BPCE and Chairmanof the Board of Directors of Banque Populaire d’Alsace, Pierre Desvergnes, a memberof the SupervisoryBoard of BPCE and Chairmanof the Board of Directorsof CASDENBanque Populaire,Stève Gentili, a member of the Supervisory Board of BPCE and Chairman of the Board of Directorsof BRED, Jean Criton, a member of the SupervisoryBoard of BPCE and ManagingDirector of Banque Populaire Rives de Paris and Bernard Jeannin, a member of the Supervisory Board of BPCE and Managing Directorof Banque PopulaireBourgogne Franche-Comté. BPCE and the Banque Populaire banks have implemented, and may continue to implement in the future, with the Banque de France, Groupe BPCE refinancing arrangements involving the direct or indirectuse of assets belonging to the Banque Populairebanks. BPCE and the Banque Populairebanks wished to define the terms and conditions under which the Banque Populaire banks will receive a minimum financial commission in exchange for transferring assets eligiblefor ECB MonetaryPolicy Operationsand not otherwiseeligible for specific remuneration as securities lending or repo transactions. The purposeof the collateralremunerationagreementis to determine the bases for calculation and payment under which the Banque Populaire banks will receive a payment from BPCE in return for directly or indirectly transferring assets that are eligible for ECB Monetary PolicyOperations. At its meeting of February 24, 2010, the BPCE Supervisory Board authorized the signing with each of the Banque Populaire banks of this agreement, which was entered into on July 15, 2010 for an indefinite period. This transaction resulted in the recognition of an expense of € 1,430,902.08 onBPCE’s2017 financial statements. Guarantee granted (as a protection mechanism) by the Caisses d’Epargne to Triton (formerly GCE SRD) and BPCE Directors concerned on the applicable date: François Pérol, President of the ManagementBoard of BPCE, Managing Director and a Board Member of CE Participations, Nicolas Duhamel, a member of the Management Board of BPCE and Deputy Managing Director of CE Participations,Yves Toublanc,Vice-Chairmanof the SupervisoryBoard of BPCE, Chairman of the Steering and Supervisory Board of Caisse d’EpargneRhône Alpes and Chairmanof the Board of Directors of CE Participations, Catherine Amin-Garde, a member of the Supervisory Board of BPCE, Chairman of the Steering and Supervisory Board of Caisse d’Epargne Loire Drôme Ardèche and a Board Member of CE Participations,Bernard Comolet, a member of the Supervisory Board of BPCE, Chairman of the Management Board of Caisse d’Epargne Île-de-France and a Board Member of CE Participations, Francis Henry, a member of the SupervisoryBoard of BPCE, Chairman of the Steering and Supervisory Board of Caisse d’Epargne Lorraine Champagne-Ardenneand a BoardMemberof CE Participations,Pierre Mackiewicz,a memberof the SupervisoryBoard of BPCE, Chairmanof the Steering and Supervisory Board of Caisse d’Epargne Côte d’Azur and a BoardMemberof CE Participations,Didier Patault,a memberof the SupervisoryBoard of BPCE, Chairman of the ManagementBoard of Caisse d’Epargne Bretagne-Paysde Loire and a Board Member of
Tacit renewal of the collateral remuneration agreement between BPCE and the Caisses d’Epargne Directors concernedon the applicabledate: Yves Toublanc, Chairman of the SupervisoryBoard of CNCE and Chairman of the Steering and SupervisoryBoard of CE Rhône Alpes, Jean Arondel, a member of the Supervisory Board of CNCE and Chairman of the Steering and Supervisory Board of CE Loire-Centre, Jean-Charles Boulanger, a member of the Supervisory Board of CNCE and Chairman of the Steering and Supervisory Board of CE Aquitaine Poitou-Charentes, Jean-ClaudeCette, a member of the SupervisoryBoard of CNCE and Chairmanof the Steeringand SupervisoryBoard of CE ProvenceAlpes Corse, Francis Henry, a memberof the SupervisoryBoard of CNCE and Chairman of the Steering and Supervisory Board of CE Lorraine Champagne-Ardenne,Philippe Lamblin, a member of the Supervisory Board of CNCE and Chairman of the Steering and SupervisoryBoard of CE Nord France Europe, Pierre Mackiewicz, a member of the Supervisory Board of CNCE and Chairman of the Steering and SupervisoryBoard of CE Côte d’Azur, Bernard Roux, a member of the Supervisory Board of CNCE and Chairman of the Steering and SupervisoryBoard of CE Midi-Pyrénées,Pierre Valentin, a member of the SupervisoryBoard and Chairman of the Steering and Supervisory Board of CE Languedoc-Roussillon,Maurice Bourrigaud,a member of the Supervisory Board of CNCE and Chairman of the Management Board of CE d’Auvergne et du Limousin, Joël Chassard, a member of the Supervisory Board of CNCE and Chairman of the Management Board of CE Normandie, Bernard Comolet, Vice-Chairman of the SupervisoryBoard of CNCE and Chairman of the ManagementBoard of CE Île-de-France, Alain Denizot, amember of the Supervisory Board of CNCE and Chairman of the Management Board of CE Picardie, Jean-PierreDeramecourt,a memberof the SupervisoryBoard of CNCE and Chairmanof the ManagementBoard of CE d’Alsace, Alain Maire, a member of the Supervisory Board of CNCE and Chairman of the Management Board of CE Bourgogne Franche-Comté, Philippe Monéta, a member of the Supervisory Board of CNCE and Chairman of CE Loire Drôme Ardèche and Didier Patault, a member of the SupervisoryBoard of CNCE and Chairman of the ManagementBoard of CE Bretagne Pays de Loire. CNCE and the Caissesd’Epargnehave implemented,and may continue to implement in the future, with the Banque de France, GCE group refinancingarrangementsinvolvingthe direct or indirectuse of assets belonging to the Caisses d’Epargne. The purposeof the collateralremunerationagreementis to determine the bases for calculation and payment under which the Caisses d’Epargnewill receive a paymentfrom CNCE in return for transferring assets that are eligible for ECB Monetary Policy Operations not otherwise eligible for specific remuneration as securities lending or repo transactions. The agreement is entered into for three years and is renewable automatically for another three-year period, unless terminated in advance. At its meeting of June 24, 2009, the CNCE Supervisory Board authorized the signing with each of the Caisses d’Epargne of this agreement.
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Registration document 2017
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