SFIL Annual financial report 2018

2 I Report on corporate governance 50 SFIL Annual Financial Report 2018 ment recommendations focused on 17 topics that were analyzed by the Governance and Appointments Committee, which then made proposals to the Board of Directors. The initiatives decided on, some of which were implemented in 2018, include strategic review updates, training proposals, securing document access and formalized monitoring of Board decisions. As previously stated, an independent firm of consultants was appointed to carry out an assessment of the functioning of the Board of Directors and its committees. While emphasiz- ing SFIL’s specific context, the firm noted that its govern- ance practices were among the best in the banking sector and that its directors recognized the quality of its govern- ance, considering it professional and effective. The assess- 1.5 – INFORMATION ON MEMBERS OF THE BOARD OF DIRECTORS The following section contains the information on the terms of office (mandates) and functions of members of the Board of Directors required pursuant to article L.225-37-4-1 of the Code of Commerce. Note: the business address is only mentioned for persons still active. For the others, mail can be sent to the registered office: SFIL (1-3 rue du Passeur de Boulogne – 92130 Issy-les-Moulineaux). Chair of the Board of Directors Chantal Lory Principal function: Chair of the Board of Directors of SFIL, independent member of the Board of Directors Born on April 11, 1953 – French Dates of beginning and end of mandate: May 26, 2016 – 2020 Date of initial mandate: June 5, 2014 Biographical data •  Graduate of Institut d’Études Politiques de Paris, section Eco-Fi •  Graduate of Cesa Finance •  1979-1984: Assistant Vice President – Commercial banking – American Express Bank •  1984-1989: Vice President Corporate Finance – Investment Banking – The Chase Manhattan Bank •  1989-1992: Head of Mergers & Acquisitions – Trianon France – Marceau Investissements Group •  1992-1997: Chief Executive Officer France HSBC Investment Bank – Paris Branch •  1997-2008: Head of Financial Management at Cofinoga, then Chief Financial Officer of the holding company, then Head of Strategy and Outside Relations for the LaSer- Cofinoga Group •  2009-2014: Member of the Management Committee then of the Executive Committee of La Banque Postale (LBP), Chair of the Executive Board of La Banque Postale Financement, then of La Banque Postale Asset Management Mandates and functions •  SFIL, member of the Board of Directors, Chair of the Board of Directors, member of the Financial Statements Committee and of the Risks and Internal Control Committee •  Imprimerie Nationale, member of the Board of Directors, Chair of the Audit Committee, member of the Strategy Committee and member of the Appointments and Compensation Committee • Milleis Banque (previously Barclays France SA), member of the Board of Directors, Chair of the Audit Committee Attendance at Board of Directors’ meetings 100% Attendance at Financial Statements Committee meetings 100% Attendance at Risks and Internal Control meetings 100% Chief Executive Officer Philippe Mills Principal function: Chief Executive Officer of SFIL, member of the Board of Directors Born on November 4, 1965 – French Dates of beginning and end of mandate: May 26, 2016 – 2020 Date of initial mandate: January 31, 2013 Biographical data •  Graduate of Institut d’Études Politiques de Paris •  Alumnus of École Nationale d’Administration •  1990-1994: assigned to the Ministry of the Economy as deputy to the head of the public administrations bureau, then of general macro-economic forecasts, Forecasts division •  1994-1996: European Bank for Reconstruction and Development •  1996-1997: Bureau Chief, Economic Environment, Forecasts division, Ministry of the Economy •  1997-2000: Bureau Chief, General Economic Forecasts, Forecasts division, Ministry of the Economy •  2000-2003: Economic advisor to the General Director, Economic and Financial Affairs, European Commission •  2003: General Secretary, Forecasts division, Ministry of the Economy •  2004-2006: Deputy Director, Public Finances, Forecasts division and then Treasury and Economic Policy Division •  2006-2008: Deputy Commissary for Planning, then Deputy Chief Executive Officer, Strategic Analysis Centre in charge of economic, financial and European issues •  2008-2013: Chief Executive Officer, Agence France Trésor •  2013-2017: Chairman of the Board of Directors and Chief Executive Officer of SFIL •  Since 2017: Chief Executive Officer of SFIL Business address: SFIL 1-3, rue du Passeur de Boulogne 92130 Issy-les-Moulineaux Mandates and functions •  SFIL, member of the Board of Directors, Chief Executive Officer and Chairman of the Executive Committee •  Caisse Française de Financement Local, Chairman of the Supervisory Board •  European Association of Public Banks – EAPB, member of the Board of Directors and Chairman Attendance at Board of Directors’ meetings 100%