RepoRt on - BNP Paribas

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121,218,054 bnP Paribas shares issued as consideration for sfPi’s transfer of its shares in fortis banque, with bnP Paribas having a right of subrogation regarding the shares concerned. on 4 december 2009 (amf disclosure no. 209c1459), sfPi disclosed that it owned 10.8% of bnP Paribas’ capital and voting rights. this change mainly resulted from: – bnP Paribas’ issue of ordinary shares between 30 september and 13 october 2009; – and the reduction in its capital through the cancellation, on 26 november, of preferred shares issued on 31 march 2009 to société de Prise de Participation de l’État. on 16 december 2005, the axa group and the bnP Paribas group informed the amf (amf disclosure no. 205c2221) about an agreement under which the two groups would maintain stable crossshareholdings and reciprocal call options exercisable in the event of a change in control affecting either group. listing information when the shareholders of bnP and Paribas approved the merger between the two banks at the extraordinary general meeting of 23 may 2000, bnP shares became bnP Paribas shares. the euroclear-france code for bnP Paribas is the same as the previous bnP code (13110). since 30 june 2003, bnP Paribas shares have been registered under isin code fr0000131104. bnP shares were first listed on the cash settlement market of the Paris stock exchange on 18 october 1993, following privatisation, before being transferred to the monthly settlement market on 25 october of that year. when the monthly settlement system was discontinued on 25 september 2000, bnP Paribas shares became eligible for euronext’s deferred settlement service (srd). the shares are also traded on seaQ international in london and on the frankfurt stock exchange. since 24 july 2006 they have been traded on the mta shARe peRfoRmAnce betWeen 29 decembeR 2006 And 31 decembeR 2009 comparison with the dj euro stoxx banKs, dj stoxx banKs and cac 40 indexes (rebased on share price) Euros 100 90 80 70 60 50 40 30 20 10 0 29/12/06 28/02/07 30/04/07 30/06/07 31/08/07 31/10/07 31/12/07 28/02/08 30/04/08 30/06/08 31/08/08 31/10/08 31/12/08 28/02/09 BNP PARIBAS FRANCe CAC 40 DJ STOXX BANKS DJ eURO STOXX BANKS 23 <strong>RepoRt</strong> on CoRpoRate SoCial and enviRonmental ReSponSibility 30/04/09 Source: datastream. 30/06/09 31/08/09 31/10/09 31/12/09 international exchange in milan. since privatisation, a level 1 144a adr programme has been active in the united states of america, where jP morgan chase is the depositary bank (2 adrs correspond to 1 bnP Paribas share). to help increase the number of shares held by individual investors, bnP Paribas carried out a two-for-one share split on 20 february 2002, reducing the par value of the shares to eur 2. bnP became a constituent of the cac 40 index on 17 november 1993 and of the euro stoxx 50 index on 1 november 1999. since 18 september 2000, it has been a constituent of the dow jones stoxx 50 index. in 2007, bnP Pariba s joined the global titans 50, an index comprising the 50 largest corporations worldwide. bnP Paribas shares are also included in the main benchmark indexes for sustainable development: asPi eurozone, ftse4good (global and europe 50), dj si world and dj si stoxx. all of these listings have fostered liquidity and share price appreciation, as the bnP Paribas share is necessarily a component of every portfolio and fund that tracks the performance of these indexes. — between 29 december 2006 and 31 december 2009, the share price fell by 30.41% against a 28.97% decline for the CaC 40, but a 50.79% fall for the dJ euro stoxx banks index (index of banking stocks in the eurozone) and a 56.50% drop for the dJ stoxx banks index (index of banking stocks in europe). after reaching an all-time high of eur 91.60 in may 2007, bnP Paribas’ share price was dragged down by the widespread loss of confidence in financial institutions, triggered by the subprime mortgage crisis in the united states of america. However, because bnP Paribas had much lower exposure to the crisis than many of its competitors, its share price performance compared very well with bankingsector indexes until october 2008. the market dislocation that followed the lehman brothers bankruptcy in mid-september 2008 affected the group’s activities and consequently its share price. as a result, much of its previous outperformance relative to broad bank indexes had disappeared by the end of 2008.
AveRAge monthly shARe pRices And monthly highs And loWs since JAnuARy 2008* HIGH LOw AvERAGE Source: datastream. 80 67.66 70 60 50 40 30 20 10 71.65 60.95 January 08 59.72 58.25 63.45 56.84 February 08 62.81 52.34 March 08 66.41 66.58 68.24 63.90 April 08 59.30 57.99 59.13 69.32 May 08 63.48 63.18 June 08 55.92 63.86 July 08 52.57 (*) Share prices have been adjusted to account for the capital increase with preferential subscription right issue carried out from 30 September to 13 October 2009. However, the trend turned in early 2009, and the share price rose from eur 29.40 at 31 december 2008 to eur 55.90 at 31 december 2009. this 90.14% increase comfortably beat the 22.32% rise in the cac 40 index, the 48.92% rise in the dj euro stoxx banks index and the 46.92% rise in the dj stoxx banks index over the same period. overall, since the financial crisis broke in early july 2007, bnP Paribas’ share price has fallen by 34.91% , slightly less than the 34.99% decline in the cac 40 index. over the same period, the european and eurozone bank indexes are down 56.71% and 52.59 % respectively. as a result, bnP Paribas has outperformed the eurozone bank index by 17.68% and the european bank index by 21.8%. — at 31 december 2009, bnp paribas’ m a r k e t c a p i t a l i s a t i o n w a s eur 66.2 billion, making it the 5th-ranked stock in the cac 40, having been the 8th-ranked stock at end-2008. in terms of free float, bnP Paribas is the 3rd-ranked cac 40 stock, having been the 7th-ranked stock at end-2008. bnP Paribas had the 6th-largest free float in the dj euro stoxx 50 index at end-2009, up from 19th place a year before. 61.67 58.38 44.72 35.67 28.77 28.00 25.41 38.85 — daily trading volume on euronext Paris averaged 5,374,599 shares in 2009, down 22.5% on the 2008 figure of 6,936,205. rather than a decrease in liquidity, this reflects the implementation of mifid (markets in financial instruments directive) which, from 1 november 2007, abolished the concentration rule requiring orders to be routed through regulated markets. 43.94 45.86 47.12 24 <strong>RepoRt</strong> on CoRpoRate SoCial and enviRonmental ReSponSibility 53.86 53.50 53.96 55.92 55.30 63.42 August 08 55.21 66.34 September 08 54.61 69.34 October 08 47.91 56.86 November 08 34.97 45.42 December 08 28.67 34.02 January 09 20.78 28.59 February 09 22.40 33.53 March 09 21.12 39.32 April 09 31.98 47.38 May 09 39.12 48.43 June 09 42.67 49.84 July 09 44.04 57.34 August 09 50.14 56.27 September 09 50.63 56.25 October 09 50.77 58.15 November 09 50.87 56.56 December 09 54.26 the abolition led to deregulation of trading venues and growth in alternative securities trading methods, such as multilateral trading facilities (mtfs) and systematic internalisers. tRAding volume on euRonext pARis in 2009 (dailY average) IN MILLIONS Of EuROS IN THOuSANDS Of SHARES 265.4 9,464 January 151.5 5,753 February Source: Euronext Paris. 197.3 6,887 March 207.0 5,605 April 329.1 7,422 May 221.2 4,662 June 166.2 3,406 July 189.4 3,447 August 246.5 4,481 September 338.1 6,286 October 215.0 3,869 November 192.0 3,573 December
Page 1 and 2: RepoRt on enviRonm
Page 3 and 4: meSSage fRom the ChaiRman and the C
Page 5 and 6: History 1966 creation of bnp the me
Page 7 and 8: RetAil banking over 7,000 branches
Page 9 and 10: a global leader and major player in
Page 11 and 12: Key figures Revenues (in millions o
Page 13 and 14: the gRoup’S appRoaCh bnP Paribas/
Page 15 and 16: combining csr and economic performa
Page 17 and 18: internal controls the group has an
Page 19 and 20: vigeo vigeo is europe’s leading s
Page 21 and 22: np paRibaS and itS sHareHolders 20
Page 23: changes in share ownership changes
Page 27 and 28: nP Paribas uses two comparative met
Page 29 and 30: vidual shareholders and investors,
Page 31 and 32: annual general meeting bnP Paribas
Page 33 and 34: internet voting) are donated in add
Page 35 and 36: human ReSouRCeS development group v
Page 37 and 38: eakdoWn bY geograpHiC area 2006 200
Page 39 and 40: furthermore, natural employee attri
Page 41 and 42: enhancing employees’ employabilit
Page 43 and 44: neration, exceptional taxes. the me
Page 45 and 46: nP Paribas/london insights on team
Page 47 and 48: nP Paribas/Paris outreach to visibl
Page 49 and 50: nP Paribas/bahraïn parenthood: pil
Page 51 and 52: listening to employees bnP Paribas/
Page 53 and 54: these awards were created to share
Page 55 and 56: nP Paribas/new york bnP Paribas/lyo
Page 57 and 58: RelationS With ClientS and SupplieR
Page 59 and 60: in addition to these indicators, bn
Page 61 and 62: numbeR of Active ceRtificAtions 200
Page 63 and 64: protecting the most vulnerable clie
Page 65 and 66: cetelem’s responsible lending app
Page 67 and 68: identifying clients’ needs and se
Page 69 and 70: — incorporating esg issues into o
Page 71 and 72: this system is based on the shared
Page 73 and 74: impaCt on the natuRal enviRonment b
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internationally, the system for col
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in the commercial real estate busin
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compliance in the environmental fie
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financing renewable energy projects
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a paRtneR in society 82 Rep
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despite the crisis, bnP Paribas has
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micro-financed business start-ups i
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np paribas corporate & investment b
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“Proxité” association in saint
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elizabeth Kontomanou, the 17th sain
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Arval’s international network arv
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the boaRd of diReCtoRS MICHEL PéBE
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LAuRENCE PARISOT Principal function
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conditions for the preparation and
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membership of the bnp paribas board
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strategy the board of directors for
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— the board was regularly informe
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compliance with european commission
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compensation — the board of direc
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Accounting internal control — eve
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internal control, risk management a
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corporate governance and nomination
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internal control the information be
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players involved in internal contro
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permanent operational control the e
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limitation of the powers of the chi
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procedure for control of accounting
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making committee (“Pfc” - Produ
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comPliance 130 RepoRt</stro
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— Procedures relating to the acce
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nRe appendiCeS nre appendices - soc
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NRE indicator - 2009 year Scope for
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nre appendices - environmental chap
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RevieW RepoRt fRom
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table of ConCoRdanCe Report on envi
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corporate governance series of prin
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opa (Offre Publique d’Achat) ope
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tpi (Titre au Porteur Identifiable)
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