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    BNP   FR0000131104

BNP PARIBAS

(BNP)
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BNP Paribas : OGM 2021 - Convening notice

09/22/2021 | 08:12pm EDT

CONVENING NOTICE

ORDINARY GENERAL MEETING

THE SHAREHOLDERS OF BNP PARIBAS

ARE CONVENED BY THE BOARD OF DIRECTORS

TO THE ORDINARY GENERAL MEETING, TO BE HELD ON:

FRIDAY, 24 SEPTEMBER 2021

at 10.00 am

at the Carrousel du Louvre 99, rue de Rivoli in Paris 1st (1)

The main items (in particular the meeting agenda

and the procedures for participating) are available on the website: https://invest.bnpparibas.com

BNP PARIBAS

Société anonyme with capital of EUR 2,499,597,122 Head Office: 16, boulevard des Italiens

75009 Paris - Trade Register No. 662 042 449 Paris

Protect the environment by using the Internet to participate in our General Meeting

  1. Or in any other place deemed appropriate considering the development of the health situation in France. Depending on the evolution of legal provisions relating to the state of health emergency, it may be decided that the General Meeting be held without the physical presence of shareholders and other persons entitled to attend. Shareholders are invited to regularly look at the section dedicated to the Ordinary General Meeting on the BNP Paribas website "invest.bnpparibas.com".

The bank for a changing world

OVERVIEW

AGENDA

03

BNP PARIBAS SA

FIVE-YEAR FINANCIAL SUMMARY

DRAFT RESOLUTIONS

03

(PARENT COMPANY)

11

PARTICIPATING

PRACTICAL INFORMATION

12

IN OUR GENERAL MEETING

06

HOLDERS OF REGISTERED SHARES:

Via the internet

06

With the paper form

07

OPT FOR ELECTRONIC CONVENING

13

HOW TO VOTE?

08

REQUEST FOR DOCUMENTS

How to fill in the proxy

AND INFORMATION

14

or the correspondence voting form?

08

Participation form template

09

PRESENTATION OF THE RESOLUTIONS

10

This English translation is for the convenience of English-speaking readers. However, only the French text has any legal value. Consequently, the translation may not be relied upon to sustain any legal claim, nor should it be used as the basis of any legal opinion. BNP Paribas expressly disclaims all liability for any inaccuracy herein.

2

BNP PARIBAS - Convening notice September 2021

AGENDA

  • Report of the Board of directors;
  • Distribution of a dividend;
  • Authority to complete legal formalities.

DRAFT

RESOLUTIONS

FIRST RESOLUTION

Distribution of a dividend

The General Meeting, in accordance with the quorum and majority requirements applicable to Ordinary General Meetings, having reviewed the Board of directors' report, after appropriation by the General Meeting of 18 May 2021 of the net income for the financial year ended on 31 December 2020 as follows:

(in euros)

Net income

4,404,217,721.41

Retained earnings

30,503,038,299.14

TOTAL

34,907,256,020.55

Dividend

1,387,276,402.71

Retained earnings

33,519,979,617.84

TOTAL

34,907,256,020.55

resolves, after acknowledging the sums under the item "Retained earnings", to distribute an additional dividend in the amount of EUR 1,937,187,769.55, corresponding to a distribution of EUR 1.55 per ordinary share with a par value of EUR 2, it being specified that full powers are given to the Board of directors to post the portion of the dividend corresponding to the treasury shares held by BNP Paribas to the "Retained earnings" account.

This decision is in line with recommendation ECB/2021/31 of 23 July 2021 of the European Central Bank.

In application of articles 117 quater and 200 A of the French General Tax Code, dividends received as from 1 January 2018 are subject (on a gross basis and except for income-related exemptions) to a deduction at source which is final, except when there is an option to apply the progressive income tax scheme. In this case, the proposed dividend is eligible for the rebate provided for in Article 158 3. 2° of the French General Tax Code and the withholding tax is deductible from the tax due.

The ex-dividend date for the additional dividend will be on 28 September 2021, payable in cash on 30 September 2021 with a record date at close of business on 29 September 2021.

After taking into account this decision of the General Meeting, the net income for the financial year ended 31 December 2020 will therefore have been appropriated in total as follows:

(in euros)

Net income

4,404,217,721.41

Retained earnings

30,503,038,299.14

TOTAL

34,907,256,020.55

Dividend

3,324,464,172.26

Retained earnings

31,582,791,848.29

TOTAL

34,907,256,020.55

BNP PARIBAS - Convening notice September 2021

3

DRAFT

RESOLUTIONS

In accordance with article 243 bis, paragraph 1 of the French General Tax Code, the dividends for the last three financial years were as follows:

(in euros)

Amount of dividends eligible

FINANCIAL

Par value

Number

Dividend

for the rebate provided by article 158 3. 2°

YEAR

of the share

of shares

per share

of the French General Tax Code

2017

2.00

1,248,958,360

3.02

3,771,854,247.20

2018

2.00

1,249,072,110

3.02

3,772,197,772.20

2019

2.00

1,249,798,561

-

-

The above breakdown only relates to dividends in the absence of payment of any other category of distributed income referred to in article 243 bis, paragraph 1 of the French General Tax Code.

SECOND RESOLUTION

Authority to complete legal formalities

The General Meeting hereby grants full powers to the bearer of an original, extract or copy of the minutes of this Ordinary General Meeting to carry out all legal and administrative formalities and to comply with all filing, disclosure and publication requirements stipulated by current legislation as applicable to the resolutions set out above.

4

BNP PARIBAS - Convening notice September 2021

BNP PARIBAS - Convening notice September 2021

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

BNP Paribas SA published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2021 00:11:10 UTC.


© Publicnow 2021
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