BIC

May 18, 2022 SOCIÉTÉ BIC Annual General Meeting and Board of Directors

                
FOR IMMEDIATE RELEASE

May 18, 2022 SOCIÉTÉ BIC Annual General Meeting
and Board of Directors
Appointment of Nikos Koumettis as Independent Director and Non-Executive Chair
Renewal of Gonzalve Bich as Director and Chief Executive Officer
Payment of 2.15 euros ordinary dividend per share

Clichy, France, May 18, 2022 – SOCIÉTÉ BIC's Annual General Meeting was held on Wednesday, May 18, 2022, in Paris, at the Cloud Business Center and was broadcasted live. A replay of the event and presentations are available on BIC's website. Chaired by John Glen, Chair of the Board, the meeting was also attended by Gonzalve Bich, Chief Executive Officer. All Board members also attended the meeting.

All the proposed resolutions were approved and included the following:

• approval of the Financial Statements for 2021;
• payment of a 2.15 euros ordinary dividend per share;
• appointment of Nikos Koumettis as Director;
• renewal of the mandates as Directors of Gonzalve Bich, Elizabeth Bastoni and Maëlys Castella;
• compensation elements to the Corporate Officers for the 2021 fiscal year;
• compensation policy of Corporate Officers for the 2022 fiscal year;
• authorization to be given to the Board of Directors to undertake operations relating to the shares of the Company (share buyback and cancellation);
• ratification to transfer the Company’s registered office;
• delegation of authority to be given to the Board of Directors to increase the share capital by issuing new ordinary shares, with preservation of Shareholders’ preferential rights of subscription;
• delegation of authority to be given to the Board of Directors to decide to increase the share capital by incorporation of reserves, profits or premiums.

The Board of Directors met after the Shareholders' Meeting and appointed Nikos Koumettis as non-Executive Chair of the Board and renewed the mandate of Chief Executive Officer of Gonzalve Bich. The Board also renewed the mandates of Elizabeth Bastoni as Chair of the Remuneration Committee and the Nomination, Governance and CSR Committee, as well as of Maëlys Castella as Chair of the Audit Committee.