(Renewal of a director’s mandate)
The General Meeting, ruling under the conditions of quorum and majority required for ordinary general meetings, renews the director’s mandate of Mr. Claude Bébéar, for a 3-year term to end at the close of the Ordinary General Meeting called to approve in 2012 the accounts for financial year 2011.
Presentation of the resolution
The next 5 resolutions ask you to renew the term of office of Mrs. Laurence Parisot, as well as the terms of Messrs. Claude Bébéar, Jean-Louis Beffa, Denis Kessler and Michel Pébereau, as members of the Board; these terms would be renewed for three years, and would end at the close of the Ordinary General Meeting called in 2012 to approve the financial statements for the year 2011.
Mrs. Laurence Parisot, 49, a person outside the BNP Paribas group, is an independent member of the Board: Mrs. Parisot is Vice-Chairman of the Management Board of IFOP SA and President of the Mouvement des Entreprises de France (MEDEF).
Messrs. Claude Bébéar and Denis Kessler are also outside the BNP Paribas Group and are independent members of its Board: Claude Bébéar, 73, is a director of AXA Assurances Iard Mutuelle and AXA Assurances Vie Mutuelle, and Denis Kessler, 57, is Chairman and Chief Executive Officer of Scor SE.
Mr. Jean-Louis Beffa is also a person outside the Group: Jean-Louis Beffa, 67, Vice Chairman of your Board, is Chairman of the Board of Directors of Compagnie de Saint-Gobain.
Mr. Michel Pébereau, 67, has been Chairman of the Board of Directors of BNP Paribas since June 2003.