Annual report 2005 - Dexia.com

DexiaCorporate governanceDIRECTORS’ FEES PAID TO THE DIRECTORS OF DEXIA SA FOR THE PERFORMANCEOF THEIR DUTIES IN 2005 (GROSS AMOUNTS)(in EUR) Board Board Strategy Audit Compensation Appointments Total Otherof Directors of Directors Committee Committee Committee Committee Dexia Group(fixed comp.) (variable comp.)entitiesNarmon, François 0 0 0 0 0 0 0 123,846.76 (5)Richard, Pierre 0 0 0 0 0 0 0(5)André, Eric 10,000 10,000 0 6,000 0 0 26,000 11,250 (4)Benoist, Gilles 20,000 20,000 0 8,000 0 0 48,000Branson, Rik 20,000 22,000 10,000 0 0 10,000 62,000 22,500 (4)Breton, Thierry 5,000 2,000 0 0 0 0 7,000Burton, Guy 20,000 14,000 0 0 0 0 34,000Di Rupo, Elio 15,000 12,000 0 0 0 0 27,000 (1) (1) (4)16,875Idrac, Anne-Marie 20,000 12,000 0 0 0 0 32,000Kessler, Denis 20,000 16,000 4,000 0 0 0 40,000Kubla, Serge 0 0 0 0 0 0 0Levy-Lang, André 20,000 16,000 2,000 0 0 10,000 48,000Lux, Bernard 0 0 0 0 0 0 0Marcel, Dominique 0 0 0 0 0 0 0 (2)Mayer, Francis 5,000 6,000 0 0 0 4,000 15,000 (3)Mazzotta, Roberto 20,000 18,000 0 0 0 0 38,000Renders, Jan 20,000 18,000 0 0 0 0 38,000Schwertzer, Gaston 20,000 16,000 0 0 0 0 36,000 61,973.38 (5)Taittinger, Anne-Claire 20,000 18,000 0 0 6,000 0 44,000Tinant, Marc 20,000 20,000 0 8,000 0 0 48,000Unwin, Brian 20,000 20,000 0 0 6,000 0 46,000Vermeiren, Francis 20,000 22,000 10,000 0 0 10,000 62,000Beke, Frank(observer) 20,000 18,000 0 0 0 0 38,000 22,500 (4)(1) The percentages and directors’ fees for the terms of office as a director of Dexia SA and Dexia Bank corresponding to Elio Di Rupo werepaid directly to the “Frans Aubry” Public Purpose Foundation after withholding of the professional deduction at source.(2) Dominique Marcel does not wish to receive percentages or fees as a director.(3) The percentages and fees for the term of office as a director of Dexia SA corresponding to Francis Mayer for the first quarter of 2005(which total EUR 15,000), were paid directly into the Caisse des dépôts et consignations after withholding of the professional deductionat source. As from the second quarter of 2005, Francis Mayer does not wish to receive any further percentages or fees as a director.(4) Percentages and fees obtained for a term of office as a director of Dexia Bank Belgium.(5) Percentages and fees obtained for a term of office as a director of Dexia Banque Internationale à Luxembourg. Dexia BIL will pay, as itdoes each year, the compensation to directors for the 2005 fiscal year only after the 2006 Ordinary Shareholders’ Meeting (which will takeplace on March 28, 2006). As a guide, it is indicated that, for the 2004 fiscal year, the percentages and fees obtained for a term of office as adirector of Dexia Banque Internationale à Luxembourg were set at EUR 61,973.38 per director, with a double percentage for the Chairmanof the Board of Directors. An amount of EUR 61,973.38 allotted to Pierre Richard was paid directly to Dexia SA.On April 26, 2005, the Board of Directors fixed the gross annual compensation of Pierre Richard when he succeeds François Narmon in 2006as Chairman of the Board of Directors at EUR 400,000. That amount will be included in the overall package of directors’ compensations.112