Regulated agreements – Corporate governance

Regulated agreements
To date, only one regulated agreement within the meaning of Article L.225-38 of the French Commercial Code (Code de commerce) is in force.
The table below presents the key information on this agreement:

Contracting parties	Rothschild & Co SCA	Mrs. Angelika Gifford (member of Rothschild & Co Supervisory Board)
Person indirectly interested	None
Key dates	Date of approval by the Supervisory Board: 17 September 2019 Length of the agreement: from 1 October 2019 to 20 October 2020, renewable for one year
Purpose of the agreement	It is a consultancy agreement on Rothschild & Co strategy relating to IT infrastructure and information security. The Supervisory Board considered that it was in the interests of the Group to benefit from the professional expertise of Mrs. Angelika Gifford given her current and past senior management positions in IT and information security areas.
Financial conditions	Remuneration: definitive amount to be agreed by the Chairman of the Supervisory Board within the limit of €10,000 per annum Reimbursement by Rothschild & Co of the reasonable business expenses incurred by Mrs. Angelika Gifford in the performance of her role as consultant Ratio between the price for the company and the last annual profit: < 0.01%⁽¹⁾

⁽¹⁾ This amount corresponds to the ratio of the annual remuneration provided for in the agreement (maximum amount of €10,000 per annum) to the annual profit of the Rothschild & Co Group (net profit - Group share excluding exceptional items for the 2019 financial year).