MRM - 2020 Universal Registration Document

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Corporate governance

Report on corporate governance

At its meeting of 26 June 2020, the Board decided to use this budget to remunerate the attendance of independent directors and directors who are not employees of the SCOR group in the following proportions, linked in particular to market practices in terms of the amounts: • remuneration of €1,100 per Board meeting attended by the director; • remuneration of €1,100 per Committee meeting attended by the director; • remuneration of €2,200 per Committee meeting attended by the director Chairperson of the committee in question;

• remuneration of €1,100 per director to be invested in Company shares. Except for the last item, which is intended to promote compliance with the share ownership requirement imposed by the internal regulations, this remuneration is variable in full and based entirely on independent directors’ attendance and participation in Board of directors and Board Committee meetings. The table below summarises the remuneration allocated in respect of the fnancial year or paid during the said fnancial year by the Company (and, if applicable, its subsidiaries) to non-executive directors over the last two fnancial years:

2020

2019

Remuneration for the of ce of director, and other remuneration paid or awarded by the Company

Amounts awarded

Amounts paid

Amounts awarded

Amounts paid

Jacques Blanchard Remuneration for the offce of director (1)

€2,200

Other remuneration

See Section 2.2.1

Gilles Castiel Remuneration for the offce of director

- -

- -

- -

- -

Other remuneration

Brigitte Gauthier-Darcet Remuneration for the offce of director

€23,100

€20,900

€19,800

€19,800

Other remuneration

-

-

-

-

Valérie Ohannessian Remuneration for the offce of director

€17,600

€14,300

€12,100

€6,600

Other remuneration

-

-

-

-

SCOR SE represented by Karina Lelièvre Remuneration for the offce of director

- -

- -

- -

- -

Other remuneration

Gérard Aubert (2) Remuneration for the offce of director

€2,200

Other remuneration

-

-

-

TOTAL

€42,900

€35,200

€31,900

€28,600

(1) Paid in this capacity since 1 October 2020. (2) Director until 30 December 2018.

2.3 Proposal to approve the components of remuneration and bene ts in kind paid during, or allocated for, 2020 to the Chief Executive Of cer (individual ex-post vote) As a reminder, François de Varenne, Chairman of the Board of directors, receives no remuneration or benefits from the Company or its subsidiaries. Similarly, he does not receive any remuneration or benefit likely to be due or allocated in respect of his office as Chairman of the Board of directors of M.R.M.

Pursuant to Article L.22-10-34 II of the French Commercial Code, the forthcoming 2021 General Meeting will be asked to approve the fixed, variable and exceptional components of the total remuneration and benefits in kind paid during, or awarded for, 2020 to Jacques Blanchard and François Matray (individual ex-post vote). This section of this report is prepared in accordance with Article L.22-10-34 II of the French Commercial Code, and will be submitted for approval to the forthcoming 2021 General Meeting.

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M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT