2018 Registration document and annual fi nancial report - BNP PARIBAS 83

2CORPORATE GOVERNANCE AND INTERNAL CONTROL

2

Corporate governance report

The two tables below show the gross remuneration paid in 2018, including Directors fees and benefi ts in kind, for each corporate offi cer.

➤ SUMMARY TABLE OF THE REMUNERATION PAID TO EACH EXECUTIVE CORPORATE OFFICER

In euros

2017 2018

Total paid Total paid

Jean LEMIERRE Chairman of the Board of directors

Fixed remuneration 950,000 950,000

Annual variable remuneration None None

Long-term compensation None None

Extraordinary remuneration None None

Directors 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 1,468,378 1,511,228

of which annual variable remuneration in respect of 2017 None 315,352

of which annual variable remuneration in respect of 2016 330,200 490,177

of which annual variable remuneration in respect of 2015 509,857 452,647

of which annual variable remuneration in respect of 2014 282,460 253,052

of which annual variable remuneration in respect of 2013 345,861 None

Long-term compensation 1,354,585 2,217,600(2)

Extraordinary remuneration None None

Directors fees 62,344 59,924

Benefi ts in kind(1) 6,127 6,507

TOTAL 4,453,434 5,357,259

Philippe BORDENAVE Chief Operating Offi cer

Fixed remuneration 1,000,000 1,000,000

Annual variable remuneration 837,128 914,819

of which annual variable remuneration in respect of 2017 None 201,890

of which annual variable remuneration in respect of 2016 211,400 313,813

of which annual variable remuneration in respect of 2015 326,783 290,119

of which annual variable remuneration in respect of 2014 121,591 108,997

of which annual variable remuneration in respect of 2013 177,354 None

Long-term compensation 842,194 1,135,200(3)

Extraordinary remuneration None None

Directors fees None None

Benefi ts in kind(1) 3,953 3,953

TOTAL 2,683,275 3,053,972

The average tax and social contribution rate on this remuneration was 39% in 2018 (43% in 2017). (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) The payment in 2018 under multi-annual variable remuneration corresponds to the amount of LTIP awarded in 2013 following the application of performance conditions, ie for Jean-Laurent Bonnafé 132% of the variable remuneration amount of EUR 1,680,000 awarded in 2013 (to be compared with the amount paid in 2017 as a result of a measurement of performance conditions of 117% applied to the amount of variable remuneration of EUR 1,157,765 awarded in 2012).

(3) The payment in 2018 under multi-annual variable remuneration corresponds to the amount of LTIP awarded in 2013 following the application of performance conditions, ie for Philippe Bordenave 132% of the variable remuneration amount of EUR 860,000 awarded in 2013 (to be compared with the amount paid in 2017 as a result of a measurement of performance conditions of 117% applied to the amount of variable remuneration of EUR 719,824 awarded in 2012).

As a reminder the amount awarded is subject to the application of two cumulative performance conditions over a period of fi ve years from the date of grant. Thus, the relative performance condition (evolution of the value of the BNP Paribas share compared to that of the EURO STOXX Banks) led to 88% of the amount allocated being maintained. The application of the performance condition related to the change in the value of the BNP Paribas share led to the application of a 150% revaluation coeffi cient, applied to 88% of the amount allocated.