Governance

Board of Directors

CNP Assurances’s governance system is based on a separation of powers between the Board of Directors, which has an oversight role, and senior management, which has an executive role and implements the Group’s strategy under the Board’s supervision. The Board of Directors defines the corporate strategy and the main strategic goals, approves the annual financial statements, ensures that the information given to the market is of a high quality and may examine any issue affecting the Company's efficient operation. More than just a supervisory body, the Board of Directors is also a partner for senior management, holding regular discussions about the best way of achieving the Group's strategic goals.

Members as of december 12th, 2017

Directors

Jean-Paul Faugère, Chairman of the Board of Directors of CNP Assurances (independent Director within the meaning of the AFEP-MEDEF reference code)

Frédéric Lavenir , Chief Executive Officer of CNP Assurances

Caisse des dépôts et consignations , represented by Eric Lombard, Chief Executive Officer

Virginie Chapron du Jeu , Group Finance Director, Caisse des Dépôts

Pauline Cornu-Thénard , Deputy Director, Legal and Tax department, Caisse des Dépôts

Olivier Mareuse , Director of the Savings Funds Division, Caisse des Dépôts

Delphine de Chaisemartin Head of Financial Institutions and Private Equity, Group Steering department of Caisse des Dépôts

Sopassure, represented by Florence Lustman , Chief Financial Officer, La Banque Postale

Jean-Yves Forel , Chief Executive Officer in charge of transformation and operational excellence at BPCE

François Pérol , Chairman of the Management Board of BPCE

Philippe Wahl , Chairman and Chief Executive Officer of La Poste

Rémy Weber , Chairman of the Management Board of La Banque Postale

The French State , represented by Charles Sarrazin, Director of Services and Finance Sector Investments at the State Investment Agency (APE)

Philippe Bartoli, Employees representative

Laurence Guitard , Employees representative

Marcia Campbell , Company director. (Independent Director within the meaning of the AFEP-MEDEF reference code)

Stéphane Pallez , Chairwoman and Chief Executive Officer of La Française des Jeux. (Independent Director within the meaning of the AFEP-MEDEF reference code)

Rose-Marie Van Lerberghe , Senior advisor, BPI Group (Independent Director within the meaning of the AFEP-MEDEF reference code)

Works Council Representative

Bruno Chamboncel

Secretary of the Board of Directors

Huguette Rellier