872019 Universal registration document and annual financial report - BNP PARIBAS

2CorPorate GovernanCe and internal Control

2

Corporate governance report

Year

2015 2016 2017 2018 2019

Performance of the Company

Net pre-tax income (in millions of euros) 10,379 11,210 11,310 10,208 11,394

Change Current yr/Prev. yr 8% 1% -10% 12%

Operating income (in millions of euros) 9,787 10,771 10,310 9,169 10,057

Change Current yr/Prev. yr 10% -4% -11% 10%

Net earnings per share (in euros) 5.14 6.00 6.05 5.73 6.21

Change Current yr/Prev. yr 17% 1% -5% 8%

Remuneration of employees (in thousands of euros)

Average remuneration 84 83 83 82 87

Change Current yr/Prev. yr -1% 0% -1% 6%

Median remuneration 55 54 54 54 58

Change Current yr/Prev. yr -2% 0% 0% 7%

Chairman of the Board of directors (BD)

Remuneration of the Chairman of the BD (in thousands of euros) 1,001 1,012 1,016 1,017 1,014

Change Current yr/Prev. yr 1% 0% 0% 0%

Average remuneration of employees ratio 12 12 12 12 12

Change Current yr/Prev. yr 0% 0% 0% 0%

Median remuneration of employees ratio 18 19 19 19 17

Change Current yr/Prev. yr 6% 0% 0% 11%

Director and Chief Executive Officer (CEO)

Remuneration of CEO (in thousands of euros) 3,592 4,052 3,686 3,381 3,858

Change Current yr/Prev. yr 13% -9% -8% 14%

Average remuneration of employees ratio 43 49 44 41 44

Change Current yr/Prev. yr 14% -10% -7% 7%

Median remuneration of employees ratio 66 75 68 62 66

Change Current yr/Prev. yr 14% -9% -9% 6%

Chief Operating Officer (COO)

Remuneration of COO (in thousands of euros) 2,275 2,559 2,320 2,126 2,431

Change Current yr/Prev. yr 12% -9% -8% 14%

Average remuneration of employees ratio 27 31 28 26 28

Change Current yr/Prev. yr 15% -10% -7% 8%

Median remuneration of employees ratio 42 48 43 39 42

Change Current yr/Prev. yr 14% -10% -9% 8%

Application of the provisions of the second paragraph of article L.225-45 of the French Commercial Code The provisions of the second paragraph of article L.225-45 of the French Commercial Code do not need to be applied in 2019.

based on full-time equivalent employees of BNP Paribas (SA), as well as changes in this remuneration, these ratios and the Company s performance criteria, are shown below.

This information is provided over a five-year period.

The employees considered are those of BNP Paribas (SA) in France and its subsidiaries, continuously present over a financial year. Remuneration of 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.

With regards to the remuneration of executive corporate officers, this corresponds to the fixed remuneration, the variable remuneration, the long-term remuneration plan, remuneration for directorships, as well as benefits in kind. This information has already been presented in this document.