Société BIC SA at its Annual General Meeting held on May 16, 2018, approved the dividend payment, from May 30, 2018, of an ordinary dividend amount of EUR 3.45 per share.

In the meeting, the company approved the appointment of Gonzalve BICH as new Director succeeding Bruno BICH. The Board of Directors, held after the Shareholders' meeting, took the following decisions: the separation of the functions of Chairman and of Chief Executive Officer; the nomination of Pierre VAREILLE as Chairman of the Board; the nomination of Gonzalve BICH as Chief Executive Officer. The Board also decided to appoint Candace MATTHEWS as a member of the Audit Committee, replacing Pierre VAREILLE. Candace MATTHEWS remains member of the Nominations, Governance and CSR Committee but will no longer be part of the Compensation Committee. Gonzalve BICH is Chief Executive Officer (CEO) and Director of SOCIÉTÉ BIC. Prior to this, he served as Chief Operating Officer (COO) from January 2017 until May 2018, as well as Executive Vice-President from June 2016 to May 2018. Pierre VAREILLE is Chairman of the Board. He has served as Independent Director since 2009. He was Vice-President and Lead Director from 2016 to May 2018, as well as a member of the Audit Committee until May 2018. John GLEN has been an Independent Director since 2008 and chairs the Audit Committee. He serves as Chief Executive Officer of Buccleuch Group. Marie-Henriette has been a Director since 1997. She is a member of the Compensation Committee and of the Nominations, Governance and CSR Committee. Société M.B.D. has been a Director since 2006. Édouard BICH is the permanent representative and Managing Director of SOCIÉTÉ M.B.D.