2009 registration document and annual financial report - AMF

1
PRESENTATION OF THE BNP PARIBAS GROUP
BNP Paribas and its shareholders
1
In accordance with the committee’s Charter - i.e. the internal rules that
all committee members have adopted - the committee met twice in
2009, on 20 March and 25 September, in addition to taking part in the
Annual General Meeting and attending the Actionaria shareholder fair.
The main topics of discussion included:
BNP Paribas’ ownership structure and changes therein, particularly
among individual shareholders;
the periodical publications which provide information on the Group’s
achievements and strategy;
the integration with the Fortis group;
the draft 2008 Registration Document and Annual Report;
quarterly results presentations;
initiatives taken in preparation for the Annual General Meeting;
BNP Paribas’ participation in the Actionaria shareholder fair. At this
event, several Liaison Committee members explained the role played
by the committee to people who visited the Bank’s stand.
On 1 December 2009, Committee members took part in an “Investor
Day” in Brussels, during which BNP Paribas Fortis’ industrial plan was
presented to the market.
DIVIDEND
At the 12 May 2010 Annual General Meeting, the Board of Directors
will recommend a dividend of EUR 1.50 per share, an increase of 55%
relative to 2009. The shares will go ex-dividend on 19 May and the
dividend will be paid on 15 June 2010, subject to approval at the Annual
General Meeting.
The total amount of the proposed payout is EUR 1,778 million, compared
with EUR 912.1 million in 2009, representing an increase of 94.9%. The
proposed payout rate is 32.3% (1) .
DIVIDEND EVOLUTION (EURO PER SHARE)
3.01
3.26
2.53
1.93
1.40
1.50 (*)
0.72
0.85
1.09
1.16 1.16
0.97
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
(*)
Subject to approval at the Annual General Meeting of 12 May 2010.
Dividends for 1998-2008 have been adjusted to reflect:
the two-for-one share split carried out on 20 February 2002;
capital increases with preferential subscription rights maintained in March 2006 and between 30 September and 13 October 2009.
The Group’s objective is to adjust the dividend to reflect variations in
income and to optimise management of available capital.
Timeframe for claiming dividends: after five years, any unclaimed
dividends will be forfeited and paid to the French Treasury, in accordance
with applicable legislation.
(1)
Dividend recommended at the 12 May 2010 Annual General Meeting expressed as a percentage of earnings per share.
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2009 Registration document and financial report - BNP PARIBAS