Groupama // 2021 Universal Registration Document

8 ADDITIONAL INFORMATION Company information

Appendix 2 Compensation and Appointments Committee PURPOSE OF THE COMMITTEE The purpose of the Compensation and Appointments Committee is as follows: propose to the Board of Directors any matters relating to the ❯ personal status of the corporate secretaries, specifically compensation, pensions, as well as provisions for the departure of members of the Company’s management bodies; make any proposals relating to the compensation of corporate ❯ officers; define the rules for setting the variable portion of the ❯ compensation of corporate secretaries and ensure the consistency of these rules with the annual assessment of the performance of the corporate secretaries and with the Group’s medium-term strategies; evaluate all compensation and benefits received by Directors, as ❯ applicable, from other companies of the Group, including retirement benefits and benefits of any kind; organise a procedure to select future Independent Directors and ❯ to perform its own research on potential candidates before any measure has been taken with regard to the latter; verify each year the individual status of each Director other than ❯ Directors representing member mutuals or employees with regard to the status of Independent Director and communicate the conclusions of its examination to the Board of Directors; perform each year tasks involving the assessment of the ❯ methods of working of the Board of Directors and to communicate the conclusions of these tasks to the Board of Directors. MEMBERSHIP The Compensation and Appointments Committee consists of a minimum of three (3) and a maximum of five (5) members appointed by the Board of Directors and chosen from among the Directors and, where applicable, the non-voting Directors. At least one (1) of the committee members must be chosen from among the Company’s Independent Directors. The terms of office of committee members coincide with their terms as Director or non-voting Director. The committee appoints its own Chairman. The General Secretary of Groupama Assurances Mutuelles serves as committee secretary. The committee is chaired by an Independent Director. However, the committee may reserve the right to appoint, as a transitional measure, a Chairman chosen from among the Directors representing the member mutuals.

of non-voting Directors, and prior to the assessment by the Board of Directors of the compensation of the Chairman and Chief Executive Officer. Members are convened by the Committee Chairman or two of its members. The Chairman of the Board of Directors or the Chief Executive Officer may also request that the Committee Chairman convenes the Compensation and Appointments Committee on a specific point. Meetings of the committee are considered valid when at least half its members are in attendance. A committee member cannot be represented. Minutes of the meeting will be prepared, recording the agenda and the discussions held between committee members. The Committee Chairman or a member of the committee appointed for this purpose will report the committee’s opinions and recommendations to the Board of Directors for the purposes of its deliberations. The committee is required to prepare an activity report on the fiscal year just ended, which it will submit to the Board of Directors within three (3) months after the close of the said fiscal year. Exceptional cases Depending upon the agenda, the Committee Chairman may convene any person of the Group capable of offering the committee relevant and useful clarification as to the proper understanding of an issue. Appendix 3 Strategy Committee PURPOSE OF THE COMMITTEE The Strategy Committee has the following responsibilities: review the strategic guidelines and associated action plans of the ❯ Group and its components as contained in the three-year Strategic and Operational Planning Process; discuss the Group’s longer-term, forward-looking strategic ❯ guidelines with regard to the opportunities and constraints of the environment as anticipated by the Group; review, on behalf of the Board of Directors, proposed strategic ❯ partnerships or M&A (acquisitions and disposals) and similar opportunities from strategic and financial perspectives, it being specified that the Chairman of the Audit and Risk Management Committee shall be invited to take part in this work. MEMBERSHIP The Strategy Committee consists of a minimum of three (3) and a maximum of five (5) members appointed by the Board of Directors and chosen from among the Directors and, where applicable, the non-voting Directors. At least one (1) of the committee members must be independent, on the understanding that independence is determined in accordance with the criteria listed in Appendix 4 below. The committee cannot include the Chairman among its members. The terms of office of committee members coincide with their terms as Director or non-voting Director. The committee appoints its Chairman from among the Independent Directors. The General Secretary of Groupama Assurances Mutuelles serves as committee Secretary.

OPERATION Internal organisation of the committee

The Compensation and Appointments Committee will meet as often as is deemed necessary and at least once a year prior to approval of the agenda of the Annual General Meeting, to examine the draft resolutions to be submitted thereto concerning the positions of members of the Board of Directors and, as applicable,

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Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES