(Re-election of a Director)
The Annual General Meeting, acting in accordance with the quorum and majority requirements applicable to Ordinary General Meetings, re-elects Michel Tilmant as Director for a three-year term expiring at the end of the Ordinary General Meeting called in 2016 to approve the 2015 financial statements.
Presentation of the resolution
Resolution eight proposes to renew the terms of office of Mr Michel Tilmant, Belgian national outside the BNP Paribas Group, as Director for three years. Mr Michel Tilmant, aged 60, is CEO of Strafin. After the merger operations with the Fortis Group, SFPI, public interest limited company acting on behalf of the Belgian government, held 10.3% of the Bank’s capital on 31 December 2012. The agreement concluded between BNP Paribas and the Belgian government provided that SFPI was then entitled to put up two candidates to be Directors of your Bank. The Board of Directors takes the view that the contribution to its work of Mr.Tilmant demonstrates his expertise, his affectio societatis and his independence of spirit.