2018 Registration document and annual fi nancial report - BNP PARIBAS 91
2CORPORATE GOVERNANCE AND INTERNAL CONTROL
2
Corporate governance report
2018 Comments
Payments relating to non-complete agreements
None Under the non-compete clause signed on 25 February 2016, and subject to the conditions detailed below, Jean-Laurent Bonnafé would receive remuneration equal to 1.2 times the sum of his fi xed and variable remuneration (excluding multi-annual variable remuneration) received during the year prior to his leaving the Group. One-twelfth of the indemnity would be paid each month. Under this agreement, if he ceases to hold any role or position in BNP Paribas, Jean-Laurent Bonnafé undertakes, for a period of 12 months, not to take any role whatsoever, either directly or indirectly, for a credit institution, investment or insurance fi rm whose securities are traded on a regulated market in France or abroad, or in France for a credit institution, investment or insurance fi rm whose securities are not traded on a regulated market. In accordance with the Afep-Medef Code which stipulates that the payment of a non-compete payment must be excluded if the person concerned claimed his pension rights or has exceeded the age of 65 and the stipulations of said non-compete agreement, the Board of directors and the Executive Management confi rmed that they comply with this provision.
Top-up pension plan with defi ned benefi ts
None Mr Jean-Laurent Bonnafé does not benefi t from any supplemental defi ned-benefi t pension plans.
Top-up pension plan defi ned-contribution
1,708 Mr Jean-Laurent Bonnafé benefi ts from the defi ned-contribution plan set up for all BNP Paribas SA employees, in accordance with article 83 of the French General Tax Code. The amount of contributions paid by the Company under the plan to Mr Jean-Laurent BONNAFÉ in 2018 was EUR 1,708.
Welfare benefi t and healthcare plans
3,217 Mr Jean-Laurent Bonnafé benefi ts from the disability, invalidity and death and healthcare insurance plans offered to employees and corporate offi cers of BNP Paribas SA. He also benefi ts from death and disability insurance covering all employees of BNP Paribas SA.
Benefi ts in kind 6,507 Mr Jean-Laurent Bonnafé has a company car and a mobile phone. This amount also includes the employer contribution under the Executive Committee professional life insurance contract.
TOTAL 3,386,245
(1) Payment subject to the approval of the Annual General Meeting of 23 May 2019 pursuant to article L.225-100 of the French Commercial Code.
