2018 Registration document and annual fi nancial report - BNP PARIBAS82
2 CORPORATE GOVERNANCE AND INTERNAL CONTROL
2
Corporate governance report
The Chief Executive Offi cer and the Chief Operating Offi cer are also entitled to the supplementary plan set up for members of the Group s Executive Committee, which pays out additional capital of EUR 1.10 million in the event of work-related death or total and permanent disability. The employer contribution under this scheme is recognised as a benefi t in kind.
BNP Paribas SA s annual employer contribution was EUR 1,460 per benefi ciary for 2018.
V. Holding of shares resulting from the exercise of stock options
The Board of directors has decided that the minimum number of shares that Jean Lemierre, Jean-Laurent Bonnafé and Philippe Bordenave shall be required to hold for the duration of their terms of offi ce shall be 10,000,
80,000 and 30,000 shares, respectively. The three interested parties have complied with this obligation, through the direct ownership of shares or units in the Company Savings Plan fully invested in BNP Paribas shares.
VI. Quantitative information on the remuneration of executive corporate offi cers
The table below shows the gross remuneration awarded in respect of the year, including Directors fees and benefi ts in kind, for each executive corporate offi cer.
➤ SUMMARY TABLE OF THE REMUNERATION AWARDED TO EACH EXECUTIVE CORPORATE OFFICER
In euros
2017 2018
Total awarded Total awarded
Jean LEMIERRE Chairman of the Board of directors
Fixed remuneration 950,000 950,000
Annual variable remuneration None None
Long-term compensation None None
Value of stock options granted during the year None None
Value of performance shares awarded during the year None None
Sub-total 950,000 950,000
Extraordinary remuneration None None
Directors s fees 62,344 63,169
Benefi ts in kind(1) 3,632 3,632
TOTAL 1,015,976 1,016,801
Jean-Laurent BONNAFÉ Chief Executive Offi cer
Fixed remuneration 1,562,000 1,562,000 Annual variable remuneration 1,576,758 1,470,245
Long-term compensation(2) 479,065 282,644
Value of stock options granted during the year None None
Value of performance shares awarded during the year None None
Sub-total 3,617,823 3,314,889
Extraordinary remuneration None None
Directors s fees 62,344 59,924
Benefi ts in kind(1) 6,127 6,507
TOTAL 3,686,294 3,381,320
Philippe BORDENAVE Chief Operating Offi cer
Fixed remuneration 1,000,000 1,000,000 Annual variable remuneration 1,009,448 941,258 Long-term compensation(2) 306,700 180,950 Value of stock options granted during the year None None Value of performance shares awarded during the year None None Sub-total 2,316,148 2,122,208 Extraordinary remuneration None None Directors s fees None None Benefi ts in kind(1) 3,953 3,953
TOTAL 2,320,101 2,126,161
(1) The Chairman of the Board of directors, the Chief Executive Offi cer and the Chief Operating Offi cer have a company car and a mobile phone. The Chief Executive Offi cer and Chief Operating Offi cer receive Executive Committee professional life insurance, for which the Company s contribution is recognised as a benefi t in kind.
(2) Value of amount awarded subject to performance conditions.
