2019 Universal registration document and annual financial report - BNP PARIBAS 245

4Consolidated finanCial statements for the year ended 31 deCemBer 2019

4

Notes to the financial statements

8.g COMPENSATION AND BENEFITS AWARDED TO THE GROUP S CORPORATE OFFICERS The remuneration and benefits policy relating to the Group s corporate officers, as well as the detailed information on an individual basis, are presented in chapter 2 Corporate Governance of the Universal registration document.

➤ REMUNERATION AND BENEFITS AWARDED TO THE GROUP S CORPORATE OFFICERS

Year to 31 Dec. 2019

Year to 31 Dec. 2018

Gross remuneration, including Directors fees and benefits in kind

payable for the year 6,289,752 6,060,688

paid during the year 5,589,640 9,428,032

Post-employment benefits

Retirement bonuses: present value of the benefit obligation (payroll taxes excluded) 247,090 243,028

Defined contribution pension plan: contributions paid by BNP Paribas during the year 5,228 5,124

Welfare benefits: premiums paid by BNP Paribas during the year 12,743 12,571

Share-based payments

Stock subscription options

value of stock options granted during the year Nil Nil

number of options held at 31 December - 28,640

Performance shares

value of shares granted during the year Nil Nil

number of shares held at 31 December Nil Nil

Long-term compensation

fair value at grant date(*) 1,013,527 463,594

(*) Valuation according to the method described in note 7.e.

As at 31 December 2019, no corporate officer is eligible to a contingent collective defined-benefit top-up pension plan.

Directors fees paid to members of the Board of directors

The Directors fees paid in 2019 to all members of the Board of directors amount to EUR 1,300,000 unchanged from 2018. The amount paid in 2019 to members other than corporate officers was EUR 1,179,556, compared with EUR 1,176,907 in 2018.

➤ REMUNERATION AND BENEFITS AWARDED TO DIRECTORS REPRESENTING THE EMPLOYEES

In euros Year to

31 Dec. 2019 Year to

31 Dec. 2018

Gross remuneration paid during the year 111,368 108,077

Directors fees (paid to the trade unions) 174,219 152,298 Premiums paid by BNP Paribas during the year into schemes related to Garantie Vie Professionnelle Accidents benefits and healthcare expense coverage 1,704 1,658

Contributions paid by BNP Paribas during the year into the defined-contribution plan 1,233 1,204

Loans, advances and guarantees granted to the Group s corporate officers

At 31 December 2019, the total outstanding loans granted directly or indirectly to the Group s corporate officers and their spouses amounted to EUR 4,775,072 (EUR 7,094,958 at 31 December 2018). These loans representing normal transactions were carried out on an arm s length basis.