2017 REGISTRATION DOCUMENT

BOURBON 2017 Registration Document 170 CONSOLIDATED FINANCIAL STATEMENTS 4 Notes to the consolidated financial statements 5.6.1.4 Summary table of the compensation, stock options and shares granted to each Executive Director whose term of office ended in 2017 (in euros) Christian Lefèvre, Chief Operating Officer (until September 30, 2017) Fiscal year 2016 Fiscal year 2017 Compensation due for the year (detailed in table 5.6.1.6) 443,162 505,018 Variable long-term compensation allocated over the year - - Value of stock options awarded during the year (detailed in 5.6.3) - - Value of performance shares awarded during the year - - TOTAL 443,162 505,018 5.6.1.5 Summary table of the compensation of each Executive Director in office at December 31, 2017 (in euros) Jacques d’Armand de Chateauvieux, Chairman and Chief Executive Officer Fiscal year 2016 Fiscal year 2017 Due for the year Paid over the year Due for the year Paid over the year Fixed compensation 72,000 72,000 144,000 144,000 Variable compensation (1) - - 0 - Variable long-term compensation - - - - Exceptional compensation - - - - Directors’ fees (2) 30,000 30,000 30,000 30,000 Benefits in kind - - - - TOTAL 102,000 102,000 174,000 174,000 (1) Variable compensation is payable the following year, after approval of the financial statements by the Shareholders’ Meeting. (2) The amount due may vary according to the number of Board meetings held between annual Shareholders’ Meetings. Gaël Bodénès, Chief Operating Officer Fiscal year 2016 Fiscal year 2017 Due for the year Paid over the year Due for the year Paid over the year Fixed compensation 265,005 265,005 326,337 326,337 (3) Variable compensation (1) 26,500 109,975 63,662 26,500 Variable long-term compensation - - - - Exceptional compensation - - - - Directors’ fees for terms of office served in the Group - - - - Benefits in kind (2) 18,320 18,320 18,513 18,513 TOTAL 309,825 393,300 408,512 371,350 (1) Variable compensation is payable the following year, after approval of the financial statements by the Shareholders’ Meeting. (2) Company car + unemployment insurance for senior executives. (3) Of which pay in lieu of vacation amounting to €61,204.