2017 REGISTRATION DOCUMENT

BOURBON 2017 Registration Document 171 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements 4 Astrid de Lancrau de Bréon, Chief Financial Officer (since October 1, 2017) Fiscal year 2016 Fiscal year 2017 Due for the year Paid over the year Due for the year Paid over the year Fixed compensation - - 226,461 226,461 (3) Variable compensation (1) - - 52,800 - Variable long-term compensation - - - - Exceptional compensation - - - - Directors’ fees for terms of office served in the Group 29,000 37,000 - 29,000 Benefits in kind (2) - - 4,247 4,247 TOTAL 29,000 37,000 283,508 259,708 (1) Variable compensation is payable the following year, after approval of the financial statements by the Shareholders’ Meeting. (2) Housing until December 3, 2017; as of December 4, 2017, Astrid de Lancrau de Bréon has had unemployment insurance for senior executives. (3) Of which pay in lieu of vacation amounting to €6,460. No supplementary scheme has been granted by BOURBON Corporation, nor any benefits in kind other than those mentioned in the tables above, for the Chairman and Chief Executive Officer and for each of the Executive Vice Presidents. 5.6.1.6 Summary table of compensation for each Executive Directors whose term of office ended in 2017 (in euros) At its meeting on September 4, 2017, the Board of Directors terminated the appointment of Christian Lefèvre as Chief Operating Officer. Christian Lefèvre, Chief Operating Officer (until September 30, 2017) Fiscal year 2016 Fiscal year 2017 Due for the year Paid over the year Due for the year Paid over the year Fixed compensation 370,006 370,006 367,551 367,551 (3) Variable compensation (1) 37,000 153,550 38,850 37,000 Variable long-term compensation - - - - Exceptional compensation - - 65,000 - Directors’ fees 30,000 30,000 29,000 30,000 Benefits in kind (2) 6,156 6,156 4,617 4,617 TOTAL 443,162 559,712 505,018 439,168 (1) Variable compensation is payable the following year, after approval of the financial statements by the Shareholders’ Meeting. (2) Company car. (3) Of which pay in lieu of vacation amounting to €90,031.