2021 Universal Registration Document

BOARD OF DIRECTORS’ REPORT AND DRAFT RESOLUTIONS OF THE SHAREHOLDERS’ MEETING OF MAY 18, 2022

Ordinary General Meeting

ORDINARY GENERAL MEETING 8.1.

ORDINARY RESOLUTIONS

RESOLUTIONS 1 AND 2 Approval of the financial statements for the fiscal year 2021

Purpose The first two resolutions relate to the approval of the financial statements of the parent company and of the consolidated group for the fiscal year ended December 31, 2021. First resolution Approval of the parent company financial statements for the fiscal year 2021 The General Meeting: voting in accordance with quorum and majority rules for ● Ordinary General Meetings; having reviewed the reports of the Board of Directors and the ● Statutory Auditors; approves the statutory financial statements of the Company ● for the fiscal year ended December 31, 2021. Second resolution Approval of the consolidated financial statements for the fiscal year 2021 The General Meeting: voting in accordance with quorum and majority rules for ● Ordinary General Meetings; having reviewed the reports of the Board of Directors and the ● Statutory Auditors; approves the consolidated financial statements for the fiscal ● year ended December 31, 2021.

These include the balance sheet, income statement and notes, as well as the transactions reflected in these accounts and summarized in these reports . They show earnings of 248,687,326.91 euros.

These include the balance sheet, income statement and notes, as well as the transactions reflected in these accounts and summarized in these reports. They show a consolidated net profit attributable to Group Shareholders of 314,194,577 euros.

RESOLUTION 3 Appropriation of earnings and setting of dividend

Purpose Given the 248,687,326.91 euros in profit for FY 2021 and retained earnings of 453,582,439.48 euros, together constituting the distributable earnings, you are hereby asked to: set a dividend of 2.15 euros per share for the fiscal year ended December 31, 2021. This means distributing a total dividend to ● Shareholders of 95,492,299.45 euros (subject to treasury shares); carry forward the balance of 153,165,996.96 euros to retained earnings; and ● allocate 29,030.50 euros to the special “works of art” reserve. ● The payment date for this dividend is June 1, 2022. The dividend is defined before any tax and/or social security levy which may apply depending on the shareholder’s personal circumstances. Shareholders are invited to consult their usual tax adviser.

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •