2018 Registration document and annual fi nancial report - BNP PARIBAS 257
4CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018
4
Notes to the fi nancial statements
8.g COMPENSATION AND BENEFITS AWARDED TO THE G ROUP S CORPORATE OFFICERS The remuneration and benefi ts policy relating to the Group s corporate offi cers, as well as the detailed information on an individual basis, are presented in chapter 2 Corporate governance of the Registration document.
➤ REMUNERATION AND BENEFITS AWARDED TO THE GROUP S CORPORATE OFFICERS
Year to 31 Dec. 2018 Year to 31 Dec. 2017
Gross remuneration, including Directors fees and benefi ts in kind
payable for the year 6,060,688 6,236,607
paid during the year 9,428,032 8,152,686
Post-employment benefi ts
Retirement bonuses: present value of the benefi t obligation (payroll taxes excluded) 243,028 255,440
Defi ned contribution pension plan: contributions paid by BNP Paribas during the year 5,124 1,295
Welfare benefi ts: premiums paid by BNP Paribas during the year 12,571 12,461
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 66,840
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(*) 463,594 785,765
(*) Valuation according to the method described in note 7.e.
As at 31 December 2018, no corporate offi cer is eligible to a contingent collective defi ned-benefi t top-up pension plan.
Directors fees paid to members of the Board of directors
The Directors fees paid in 2018 to all members of the Board of directors amount to EUR 1,300,000, unchanged from 2017. The amount paid in 2018 to members other than corporate offi cers was EUR 1,176,907, compared with EUR 1,175,312 in 2017.
➤ REMUNERATION AND BENEFITS AWARDED TO DIRECTORS REPRESENTING THE EMPLOYEES
In euros Year to
31 December 2018 Year to
31 December 2017
Gross remuneration paid during the year 108,077 85,685
Directors fees (paid to the trade unions) 152,298 182,371 Premiums paid by BNP Paribas during the year into schemes related to Garantie Vie Professionnelle Accidents benefi ts and healthcare expense coverage 1,658 1,478
Contributions paid by BNP Paribas during the year into the defi ned-contribution plan 1,204 729
Loans, advances and guarantees granted to the Group s corporate officers
At 31 December 2018, the total outstanding loans granted directly or indirectly to the Group s corporate offi cers and their spouses amounted to EUR 7,094,958 (EUR 6,881,664 at 31 December 2017). These loans representing normal transactions were carried out on an arm s length basis.