2007 REGISTRATION DOCUMENT

7 ClearlySOCIAL AND ENVIRONMENTAL INFORMATIONidentified operational challengesEmployee share ownershipThe Group encourages employee share ownership through an annualshare issue reserved for employees. Since the creation of the BNP ParibasGroup in 2000, the worldwide employee share ownership plan has been< Contents >offering workers the opportunity to become shareholders within theirown company for a minimum period of five years. They are entitled toa discount on the shares they purchase and to top-up payments fromthe company. Seven share issues have been offered in this context. Anamount of approximately EUR 300 million is subscribed to each year.1Employee rights issues 2007 Average over 3 yearsFrance International TotalNumber of eligible employees 71,816 59,998 131,814 113,064Number of employees subscribing 49,201 19,705 68,906 59,503Subscription rate 69% 33% 52% 53%Amount (EUR millions) 300.2 113 413.2 30223The subscription rate remained stable at 52% with almost six millionshares subscribed in 2007, underscoring the confidence that BNP Paribas’employees have in the Group’s development strategy.An extensive range of benefitsThe benefit plans developed by the Group involve setting up long-termsavings accounts for employees and helping them deal with unforeseenaccidents and other vagaries through access to personal risk plans.■ Employee savings plansThese plans enable employees to build up their savings, in particularwith respect to their retirement, by optimising local tax and labourschemes. Outside France, supplementary pension schemes are thepreferred means, whereas in France employee savings plans allowstaff to set up savings accounts with preferential tax and benefitstreatment in return for a medium-term holding period. These plans canbe topped up by payments from incentive and profit-sharing plans, byvoluntary payments by the employees themselves, or by possible topuppayments from the company. Perco (the Group retirement savingsplan) was launched in 2005 and has been subscribed to by severalthousand employees. The savings become available on retirement, inthe form of either an annuity or a one-off payment. The amount ofPerco top-up payments totalled EUR 3.4 million in 2007.■ Employee welfareThe Group has a longstanding benefits policy providing a high levelof protection to its employees. In 2007, BNP Paribas worked onharmonising its overall employee benefits procedures, particularlyoutside France, with the aim of ensuring greater consistency betweensometimes very disparate local systems. Outside France, the Groupseeks to provide benefits to its local employees and their families thatallow cover for medical consultations and hospital stays.■ A tailor-made, flexible personal risk plan in FranceBNP Paribas’ personal risk plan was set up under a company-wideagreement and has few equivalents in French companies. The flexibleplan offers staff a high level of cover for stoppages due to illness,disability or death. Each employee has a basic plan, which can becustomised in accordance with his or her personal or family situation.This is done by choosing the level of additional cover, for examplea one-off payment in the event of accidental death or the deathof a spouse, an education annuity, or a spouse’s annuity. Employeescan modify their choices at regular intervals. At 31 December 2007,56,000 employees in 36 French entities were covered by such apersonal risk plan.4567DYNAMIC CAREER AND MOBILITY MANAGEMENT8Several projects focusing on mobility have been implemented, includingan external audit of the Group’s mobility policy and processes in Franceand other countries. Following BNP Paribas SA, the mobility managementtool is now up and running in other entities and has been rolled outinternationally, allowing for more mobility through expatriation.In 2007, career management processes were improved through initiativessuch as expanding the scope for identifying high-potential executives,incorporating management performance reviews into the identificationprocess, and ensuring effective succession management.Another important initiative in 2007 focused on providing assistanceto BNL’s HR teams.910112442007 Registration document - BNP PARIBAS