A variable reflectance vehicular electro-optic rearview mirror reflective element assembly includes a front substrate and a rear substrate with a perimeter seal disposed therebetween. The front substrate has a first surface and a second surface opposite the first surface, with the second surface having a transparent electrically conductive coating disposed thereat. The rear substrate has a third surface and a fourth surface, with the third surface having a conductive reflector coating disposed thereat. The reflector coating may include a plurality of layers having first and second layers of nickel chromium. The front substrate may have a perimeter band disposed along a perimeter region of the second surface. The perimeter band may include a plurality of layers having first and second layers of nickel chromium.