GROUPAMA / 2019 Universal Registration Document

3 CORPORATE GOVERNANCE AND INTERNAL CONTROL Compensation of Directors

CertainGroupamaAssurancesMutuellesDirectorsreceivedattendancefees in 2019 as membersof the Boards of Directorsof subsidiaries of Groupama Assurances Mutuelles. The details of the compensation are summarised in the followingtable.

2019

Benefitsin kind or miscellaneous expenses paid

Allowances and compensation

Compensation paid by subsidiaries

Members ofthe Board of Directors

Total 2019

Michel Baylet

16,000

23,667

39,667

IsabelleBordry

70,480

70,480

Thierry Chaudon

0

Daniel Collay

48,000

68,000

2,569

118,569

Jean-PierreConstant

48,000

68,000

116,000

Ada Di Marzo

65,070

65,070

Marie-AngeDubost

48,000

71,000

4,099

123,099

CarolineGrégoireSainteMarie

86,050

86,050

Walter Guintard

32,000

44,333

822

77,155

Michel L’Hostis

48,000

68,000

3,113

119,113

Jean-LouisPivard

48,000

68,000

11,862

127,862

Laurent Poupart

47,600

68,000

1,785

117,385

Bruno Rostain

75,970

75,970

Liouba Ryjenkova

0

FrançoisSchmitt

47,600

80,000

583

128,183

Groupamaregional mutuals

600,000

600,000

TOTAL

680,770

1,159,000

24,833

1,864,603

Jean-YvesDagès (1)

259,200

35,242

294,442

The amount ofthe benefit in kind correspondsto the retirementcontribution. (1)

In addition, the Board of Directors of Groupama Assurances Mutuelles has granted the possibility to allocate allowances and expense reimbursements to members of the Mutual Insurance Advisory Board, with an annual amount fixed at €600,000 by the General Meeting of 7 June 2018. In 2019, the allowancesand expensereimbursementsfor members of the Mutual InsuranceAdvisoryBoard totalled€425,812.50gross and €68,140respectively.

The General Meeting of 7 June 2018 adopted a resolution concerning retirement benefits for Directors representing regional mutualsand members of the Mutual Insurance Advisory Boardby: authorisingthe Board of Directors to continue, under terms and ● conditions that it deems appropriate, the Chairman death benefits (IVP) former regional chairmen and national Directors of the Groupand to extendthe benefit to Directorsrepresentingthe regional mutuals and membersof the Mutual InsuranceAdvisory Board; deciding to fix the maximum amount of funding that can be ● allocated annually to these retirementbenefits by the Groupama nationalreinsurancemutualat €980,000. In 2019, Groupama Assurances Mutuelles paid €980,000 for this purpose.

57 Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES