2020 Universal registration document and annual financial report - BNP PARIBAS90
2 CorPorate GovernanCe and internal Control
2
Report on Corporate governance
awarded to employees includes the fixed portion and the variable portion of remuneration, commercial bonuses, retention plans, profit-sharing and incentive bonuses, as well as benefits in kind.
The remuneration due or awarded to corporate officers equals the fixed compensation, variable compensation, the fair value of the Long-Term
Compensation Plan, directors remunerations, as well as benefits in kind and information already presented in Chapter 2 of this document for 2019 and 2020.
All this remuneration, due or awarded, is presented on a gross basis, excluding employer contributions.
Year
2016 2017 2018 2019(1) 2020
Performance of the Company
Net pre-tax income (in millions of euros) 11,210 11,310 10,208 11,394 9,822
Change Current yr/Prev. yr 1% -10% 12% -14%
Operating income (in millions of euros) 10,771 10,310 9,169 10,057 8,364
Change Current yr/Prev. yr -4% -11% 10% -17%
Net earnings per share (in euros) 6.00 6.05 5.73 6.21 5.31
Change Current yr/Prev. yr 1% -5% 8% -14%
Remuneration of employees (in thousands of euros)
Average remuneration 83 83 82 86 88
Change Current yr/Prev. yr 0% -1% 5% 2%
Median remuneration 54 54 54 56 57
Change Current yr/Prev. yr 0% 0% 4% 2%
Chairman of the Board of directors
Remuneration of the Chairman of the Board of directors (in thousands of euros) 1,012 1,016 1,017 1,014 1,013
Change Current yr/Prev. yr 0% 0% 0% 0%
Average remuneration of employees ratio 12 12 12 12 12
Change Current yr/Prev. yr 0% 0% -2% -2%
Median remuneration of employees ratio 19 19 19 18 18
Change Current yr/Prev. yr 0% 0% -5% -2%
Chief Executive Officer
Remuneration of CEO (in thousands of euros) 4,052 3,686 3,381 3,858 3,756
Change Current yr/Prev. yr -9% -8% 14% -3%
Average remuneration of employees ratio 49 44 41 45 43
Change Current yr/Prev. yr -10% -7% 10% -5%
Median remuneration of employees ratio 75 68 62 69 66
Change Current yr/Prev. yr -9% -9% 11% -4%
Chief Operating Officer
Remuneration of COO (in thousands of euros) 2,559 2,320 2,126 2,431 2,367
Change Current yr/Prev. yr -9% -8% 14% -3%
Average remuneration of employees ratio 31 28 26 28 27
Change Current yr/Prev. yr -10% -7% 9% -5%
Median remuneration of employees ratio 48 43 39 43 42
Change Current yr/Prev. yr -10% -9% 11% -4%
(1) The average and median remuneration of employees in respect of 2019 has been updated to take into account the actual awards, which were not all available at the time of publication of the 2019 URD. The resulting 2019 ratios have also been updated.
Application of the provisions of the second paragraph of Article L.22-10-14 of the French Commercial Code The provisions of the second paragraph of article L.22-10-14 of the French Commercial Code do not need to be applied in 2020.