Annual report 2010 - Dexia.com

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Declaration of corporate governanceNAME SPECIALIST BEGINNING PRIMARY OTHER MANDATES AND FUNCTIONSCOMMITTEES AND END OF FUNCTIONCURRENTMANDATEManagement reportConsolidatedfinancial statementsAdditional information Annual financial statementsSTEFAAN 2010-2014 Member of the Member of the Advisory Board:DECRAENEManagement Board • Ethias Droit Commun46 years old of Dexia SABelgianChairman of the Board of Directors:Director since Chairman of the • Febelfin2009 Management BoardHolds 3,034 of Dexia Bank Member of the Management Board:Dexia shares Belgium • het Verbond van Belgische OndernemingenDirector:• VOKAMember of the Management Committee:• Deposit and Financial Instrument Protection FundOther functions in the Dexia Group:Director:• Dexia Bank Belgium• Dexia Banque Internationale à Luxembourg• Dexia Insurance Belgium• Dexia banka Slovensko• DenizBank• RBC Dexia Investor ServicesChairman of the Board of Directors:• Dexia AM Luxembourg• Dexia Participation LuxembourgMember of the Council of Auditors:• Dexia Nederland BVBIOGRAPHYGraduate in applied economics specialising in international relations from the K.U. Leuven. The first part of his career was spent incorporate banking and investment banking in Belgium. In 2001, he was appointed Chairman of the Management Board of BanqueArtesia Nederland. In 2002, he joined Dexia Bank Nederland as a member of the Management Board. In 2003 he became memberof the Management Board of Dexia Bank Belgium, in charge of Insurance and Development of International Retail activities, and from2004 in charge of Public and Wholesale Banking. Since January 2006, he has been Chairman of the Management Board of Dexia BankBelgium. In 2008 he was appointed member of the Management Board of Dexia SA.AUGUSTIN Member of the 2007-2011 Managing Director Director:DE ROMANET Appointment and of the Caisse des • CDC EntreprisesDE BEAUNE Compensation dépôts et • CNP Assurances49 years old Committee consignations • IcadeFrench• Veolia EnvironnementDirector since Member of the2007 Strategy Committee Chairman of the Supervisory Board:Holds no• Société nationale immobilièreDexia shareChairman of the Board of Directors:• Fonds stratégique dínvestissementBIOGRAPHYGraduate of the Institut d´études politiques de Paris (IEP) and of the École nationale dádministration (ENA). He was in particularFinancial Attaché to the Permanent Representation of France to the European Community in Brussels, Director of the Office of theBudget Ministry, Director of the Office of the Ministry of Employment and Associate Manager of Oddo Pinatton Corporate. He was thenappointed Deputy General-Secretary to the Presidency of the Republic of France before being appointed Deputy Director of Finance andStrategy and a member of the Executive Committee of Crédit Agricole SA.26 Dexia Annual report 2010
Declaration of corporate governanceNAME SPECIALIST BEGINNING PRIMARY OTHER MANDATES AND FUNCTIONSCOMMITTEES AND END OF FUNCTIONCURRENTMANDATEROBERT Member of the 2010-2014 Executive director Member of the Conseil de surveillance de:DE METZ Accounts de La Fayette • Canal+ FranceIndependent Committee Management LtddirectorDirector:58 years old • Média-Participations (Paris-Bruxelles)French• L.A. Finances (Paris)Director since2009 Chief Executive Officer:Holds no• Bee2Bees SA (Brussels)Dexia shareMember of the Executive Committee:• Fondation Demeure Historique pour lávenirdu patrimoineBIOGRAPHYGraduate of the Institut d’études politiques de Paris (IEP) and of the École nationale d’administration (ENA), he began his career in theGeneral Finance Inspectorate. He joined Banque Indosuez in 1983 occupying posts in Hong Kong and France before joining DemachyWorms & Cie. Active with Paribas from 1991, he performed numerous tasks, particularly mergers-acquisitions, before his appointment asa member of the Management Board, responsible from London for fixed income, exchange and derivatives markets. He was a directorat Cobepa from 1993 to 1999. Between 2002 and 2007, he was Deputy Director General of the Vivendi Group in charge of mergersacquisitionsand strategy.CHRISTIAN Member of the 2010-2014 Chairman of theGIACOMOTTO Appointment and Management BoardIndependent Compensation of Gimar FinanceDirectorCommittee70 years oldFrenchDirector since2009Holds noDexia shareBIOGRAPHYGraduate in law, of the Institut d’études politiques de Paris (IEP) and of the New York University (American Finance), he is Chairmanof the Management Board of Gimar Finance. He began his career at the Bank of the European Union before becoming DeputyDirector General of the CIC in 1982. In 1987 he created the Arjil Bank, of which he became Chairman of the Management Boardbefore holding various managerial posts and directorships with the Lagardère Group, then Kleinwort Benson in London, the bank withwhich he founded Kleinwort Benson, Gimar & Cie in Paris in 1994. He is Vice-Chairman of the National Museums Association. He is aCommander of the Legion of Honour and Commander of the Order of Arts and Letters.ANTOINE Member of the 2010- Deputy Managing Director:GOSSET- Accounts Director of the • CNP Assurances SAGRAINVILLE Committee Caisse des dépôts • Compagnie des Alpes SA44 years old et consignationsFrenchPermanent representative ofDirector sinceCaisse des dépôts et consignations and2010 Director:Holds no• Fonds stratégique d’investissement SADexia shareBIOGRAPHYGraduate of the École nationale d’administration (ENA), the University of Paris Dauphine and the Institut d’études politiques de Paris(IEP). He began his career with the Inspection Générale des Finances. Then he became Deputy Secretary General of the Economic andFinance Committee of the European Union, and then advisor in economic and industrial affairs to the office of the Trade Commissionerof the European Commission. From 2002 to 2007 he was a partner with Cabinet Gide Loyrette Nouel in Brussels. Until 2010, he wasDeputy Director of the Office of the French Prime Minister. At present he is Deputy Managing Director of the Caisse des dépôts etconsignations.Management reportConsolidatedfinancial statementsAdditional information Annual financial statementsAnnual report 2010 Dexia27
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Page 4 and 5: 4 Group profile8 Message from the c
Page 6 and 7: Group profileManagement reportConso
Page 8 and 9: Group profileRESULTS Dexia GAAP IFR
Page 10 and 11: Message from the ChairmenManagement
Page 12 and 13: 2010 and early 2011 highlightsManag
Page 14 and 15: 2010 and early 2011 highlightsDecem
Page 16 and 17: Update on the transformation planMa
Page 18 and 19: Update on the transformation planMa
Page 20 and 21: StrategyManagement reportConsolidat
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Page 74 and 75: Human ResourcesMEMBERS OF STAFFGEND
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Sustainable developmentEnergy perfo
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Risk managementManagement reportCon
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Risk managementThe Operational Risk
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Capital managementManagement report
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Capital managementEconomic capitalE
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Financial resultsConsolidated state
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Financial resultsManagement reportC
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Activity and results of the busines
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C o n s o l i d a t e d f i n a n c
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Liabilities Note 31/12/09 31/12/10(
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Consolidated statementof changes in
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Dexia saStatutory Auditor's reporto
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Statement of incomeManagement repor
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Statutory Auditor's reportManagemen
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Additional informationManagement re
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Photographs: page 8: C. LEBEDINSKY/
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Annual report 2010 - Dexia.com

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