2007 REGISTRATION DOCUMENT

2 ReportCORPORATE GOVERNANCEof the Chairman of the Board of Directors on the conditions for the preparation and organisationof the work of the Board and on internal control procedures implemented by BNP Paribas< Contents >The following table presents the situation of each director with regard to the independence criteria recommended in the AFEP-MEDEF report:1 st criterion 2 nd criterion 3 rd criterion 4 th criterion 5 th criterion 6 th criterion 7 th criterionM. PÉBEREAU x o o o o x oP. AUGUSTE x o o o o x oC. BÉBÉAR o x o o o o oJ.L. BEFFA o x o o o x oS. BERGER o o o o o o oJ.M. GIANNO x o o o o o oF. GRAPPOTTE o o o o o o oA. JOLY o o o o o o (*) oD. KESSLER o o o o o o oJ.F. LEPETIT o o o o o o oL. PARISOT o o o o o o oH. PLOIX o o o o o o oB. PROT x o o o o o oL. SCHWEITZER o o o o o x (**) oKey:“o”: compliance with the independence criterion defined by AFEP-MEDEF.“x”: non-compliance with the independence criterion defined by AFEP-MEDEF.1 st criterion: Not an employee or corporate officer of the corporation within the previous five years.2 nd criterion: No issue of cross- shareholdings with another corporation.3 rd criterion: No material business relationships.4 th criterion: No family ties to a corporate officer.5 th criterion: Not an auditor of the corporation within the previous five years.6 th criterion: Not a director of the corporation for more than twelve years.7 th criterion: No issue related to control by a major shareholder.(*)This criterion will apply only upon expiry of the term of office during which the 12-year limit will be reached – AFEP-MEDEF 2003 (8.4).(**)Refer to previous comment in section 1 – Membership of the BNP Paribas Board of Directors.123456Work of the Board and its Committees in 2007■ In 2007, the Board held nine meetings, including two speciallyconvened meetings to discuss (i) the application of new legislationconcerning employee incentive schemes, and (ii) a planned investment.The average attendance rate at Board meetings was 87%.■ The Financial Statements Committee held four meetings with allmembers attending.■ The Internal Control, Risk Management and Compliance Committeeheld five meetings with an attendance rate of 93%.■ The Financial Statements Committee and the Internal Control, RiskManagement and Compliance Committee held a joint meeting atwhich all the respective committee members were present.■ The Corporate Governance and Nominations Committee held threemeetings with an attendance rate of 77%.■ The Compensation Committee held two meetings with all membersattending.7891011422007 Registration document - BNP PARIBAS