2021 Universal Registration Document

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

Ordinary General Meeting

RESOLUTIONS 5 TO 8 Appointment and renewal of Directors

Purpose Upon the recommendation of the Nominations, Governance, and CSR Committee, the Board of Directors proposes to nominate Nikos Koumettis as an Independent Director for three years, replacing John Glen, whose mandate is expiring. The terms of office of: Gonzalve Bich; ● Elizabeth Bastoni; and ● Maëlys Castella ● expire at the end of this General Meeting. The Board of Directors proposes to renew the term of office of Gonzalve Bich, Elizabeth Bastoni and Maëlys Castella as Directors for another three years. Appointment of Nikos Koumettis as new Director Subject to the Shareholders’ approval, the Board intends to appoint Nikos Koumettis as Independent Non-Executive Chair, succeeding John Glen, BIC’s current Non-Executive Interim Chair. A Greek-Cypriot, Nikos Koumettis is President, Europe Operating Unit at the Coca-Cola Company and a member of the Company’s Executive Leadership Team. He will bring over 30 years of valuable experience in the consumer goods industry and knowledge of governance topics. Nikos Koumettis will join the Board as an Independent Director in the light of the independence criteria set out in the AFEP-MEDEF Code (§ 9):

Criterion

Nikos Koumettis

Criterion 1: Not an Employee or corporate officer within the past 5 years

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Criterion 2: No Cross-directorships

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Criterion 3: No material business relationships

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Criterion 4: No family ties

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Criterion 5: Not an auditor

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Criterion 6: Period of office not exceeding 12 years

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Criterion 7: No compensation linked to the Company’s or Group’s performance

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Criterion 8: Not representing a major shareholder

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Renewal of Gonzalve Bich as Director Gonzalve Bich has been Director and Chief Executive Officer since May 2018. He has attended 100% of Board Meetings since his renewal in 2019. Renewal of Elizabeth Bastoni as Director Elizabeth Bastoni joined BIC as Non-Executive Director in May 2013 and chairs the Remuneration and Nominations, Governance and CSR Committees. She has been Interim Independent Lead Director since May 2021. She has attended 100% of Board Meetings and committee meetings since her last renewal in 2019. Renewal of Maëlys Castella as Director Maëlys Castella is an Independent Director of the Company since 2019. She chairs the Audit Committee and she is a member of the Remuneration Committee. Maëlys Castella provides the Board with her expertise in finance and her experience in strategy and sustainable development, acquired within important international groups. She has attended 100% of Board Meetings and committee meetings since first appointed in 2019.

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •