2021 Universal Registration Document

CORPORATE GOVERNANCE

Corporate Officer remuneration

RESULTS OF THE PLANS VESTED THROUGH TO 2021: INDEX OF ACHIEVEMENT OF PERFORMANCE CONDITIONS, PER CRITERIA AND PER PLAN

Plan 10 (2014 -2015-2016)

Plan 11 (2015 - 2016-2017)

Plan 12 (2016 -2017-2018)

Plan 13 (2017 -2018-2019)

Plan 14 (2018 -2019-2020)

Plan 15 (2019 - 2020-2021)

Average of the plans

Net sales growth

96.7

71.9

48.6

23.6

47.8

67.6

82.1

Cash Flow

98.6

100.6

102.2

100.2

99.2

99

99.2

Vesting as % of the initial grant

96%

72%

50%

-

49%

49%

73%

For performance share plans granted from 2021 onwards, performance will assessed according to the achievement of three objectives: 50% – Free Cash Flow (Cash from Operating Activities less ● Capital Expenditures); 40% – Innovation Vitality Rate (Net Sales from innovations ● launched over the past 3 years divided by total Net sales); 10% – Rate of reusable, recyclable or compostable packaging. ● The payout of each performance criteria is assessed independently and subject to the following payout calculation:

if the average percentage over the three-year period is ● between 80% and 100%, the number of shares acquired by each beneficiary on the vesting date is reduced by 2% compared to the initial grant for each percent below 100%; if the average percentage of each performance condition over ● the three-year period is less than 80%, no shares are acquired. To the best of the Company’s knowledge, no hedging instruments have been put in place by the Corporate Officers mentioned in tables G and H below. Moreover, these Corporate Officers have made a formal commitment not to use hedging instruments. The total number of shares granted is reported in Note 23 to the consolidated financial statements.

TABLE G – PERFORMANCE SHARES AWARDED IN FY 2021 TO EACH EXECUTIVE CORPORATE OFFICER

(Table 6 following the format in French Financial Markets Authority Position-Recommendation No. 2009-16)

Valuation of the shares according to the method

Performance shares awarded during the fiscal year to each Corporate Officer by the issuer and by any Group company (Nominative list)

Number of shares awarded

Number and date of the plan

used for the consolidated financial statements (in euros)

Performance conditions

Award date

Availability date

during the fiscal year

Gonzalve Bich

17 (February 16, 2021)

30,298

1,300,693 March 31, 2024 March 31, 2024 1) Free Cashflow 2) Innovation Vitality Rate

3) Rate of reusable,

recyclable or compostable packaging

182

• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •