BIC_Registration_Document_2017

CORPORATE GOVERNANCE Corporate Officers’ compensation

TABLE I – HISTORY OF PERFORMANCE SHARE PLAN ALLOCATIONS (Table 9 following the format of French Financial Markets Authority Position-Recommendation No. 2009-16)

Plan no. 1

Plan no. 2

Plan no. 3

Plan no. 4

Plan no. 5

Annual Shareholders’ Meeting date Board of Directors’ Meeting date

May 19, 2005

May 19, 2005

May 19, 2005

May 23, 2007

May 23, 2007

May 19, 2005 December 14, 2005 December 13, 2006 December 11, 2007

February 10, 2009

Grant

M

S

M

S

M

S

M

S

M

S

Number of free shares granted

31,800

2,618 31,800

2,618 33,450

2,352 37,550

2,644 57,500

2,643

Of which. shares granted to the • Corporate Officers (% of BIC shares as of December 31, 2017) Gonzalve Bich •

-

-

-

-

-

-

-

-

-

-

5,050 (0.01,%)

James DiPietro •

2,650 2,650

238

2,650 2,650

238

2,650 2,650

294

2,650 2,650

302

247

Marie-Aimée Bich-Dufour •

-

-

-

-

3,500

-

May 19, 2008 May 19, 2011

May 19, 2012 May 19, 2014

March 14, 2009 March 14, 2012

March 14, 2013 March 14, 2015

March 13, 2010 March 13, 2013

March 13, 2014 March 13, 2016

March 11, 2011 March 11, 2014

March 11, 2015 March 11, 2017

March 10, 2012 March 10, 2015

March 10, 2016 March 10, 2018

End of the Acquisition Period

End of the Holding Period

1) Increase in net sales 2) Net cash from operating activities as a percentage of net sales

Performance conditions

Total number of shares definitively acquired as of December 31, 2017 Total number of void or lapsed shares as of December 31, 2017 (a) Total number of performance shares outstanding as of December 31, 2017

20,405

1,162 15,741

512 31,443

1,104 37,550

1,436 57,500

2,156

11,395

1,456 16,059

2,106

2,007

1,248

-

1,208

-

487

-

-

-

-

-

-

-

-

-

-

Plan no. 6 Plan no. 7 Plan no. 8 Plan no. 9 Plan no. 10 Plan no. 11 Plan no. 12 Plan no. 13 Annual Shareholders’ Meeting date May 23, 2007 May 12, 2010 May 12, 2010 May 12, 2010 May 15, 2013 May 15, 2013 May 18, 2016 May 18, 2016

February 16, 2010

February 15, 2011

February 14, 2012

February 12, 2013

February 11, 2014

February 10,

February 10, 2017

Board of Directors’ Meeting date

2015 May 18, 2016

Grant

M

M

M

M

M

M

M

M

Number of free shares granted

83,475

87,650

159,940

161,010

159,660

176,740

159,680

156,790

Of which. shares granted • to the Corporate Officers (% of BIC shares as of December 31, 2017)

4,500 (0.01%) 8,000 (0.02%)

5,000 (0.01%) 8,000 (0.02%)

8,000 (0,02%) 8,000 (0.02%)

Gonzalve Bich •

600

600

750

1,000

3,250

5,000 (0.01%)

5,000 (0.01%)

6,000 (0.01%)

6,000 (0.01%)

8,000 (0.02%)

James DiPietro •

Marie-Aimée Bich-Dufour •

3,500

3,500

3,000

4,250

3,250

3,250

3,250

3,250

March 16, 2013 March 16, 2016

March 15, 2014 March 15, 2017

March 14, 2015 March 14, 2018

March 12, 2016 March 12,

March 11, 2017

March 10,

March 31, 2020 March 31, 2020

End of the Acquisition Period

2018 May 18, 2019

March 10, 2021

March 31, 2022

End of the Holding Period

2019 Mach 11, 2020

1) Increase in net sales 2) Net cash from operating activities. as a percentage of net sales

Performance conditions

Total number of shares definitively acquired as of December 31, 2017 Total number of void or lapsed shares as of December 31, 2017 (a) Total number of performance shares outstanding as of December 31, 2017

76,797

57,551

135,452

148,050

139,040

-

-

-

6,678

30,099

24,488

12,960

26,620

20,660

15,810

3,930

-

-

-

-

-

156,080

143,870

151,860

The performance share grants are void due to the beneficiary leaving the Company or to all performance conditions not being achieved. (a) = Main. M = Secondary. S

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BIC GROUP - 2017 REGISTRATION DOCUMENT