Concepto y marco jurídico

Josl Séché, born 2 February 1955

)LUVWWHUPDVDPHPEHURIWKH6XSHUYLVRU\%RDUG-XQH

0RVWUHFHQWUHQHZDO$SULO

Member of an administrative, managerial or supervisory body

&KDLUPDQRIWKH6XSHUYLVRU\%RDUGRI$OWDPLU

&KDLUPDQDQG&(2RI6pFKp(QYLURQQHPHQW6$OLVWHGRQ(XURQH[W3DULV

&(2RI6pFKp7UDQVSRUWV6$66pFKp(FR,QGXVWULHV6$66pFKp$OOLDQFH6$6DQG6pFKp(FR6HUYLFHV6$6

0DQDJHURI6&,/D&URL[GHV/DQGHV6&,/HV&KrQHV6HFV6&,/H0RQWUH6&,/D3HUUpH6&,GHOD&HQVLH6&$PDURVD

6&,6DLQW.LULHFDQG6&,GH0H]HUROOHV - Director of Tredi SA

Marleen Groen, born 15 September 1956

)LUVW WHUP DV D PHPEHU RI WKH 6XSHUYLVRU\ %RDUG DSSRLQWHG DV DQ LQWHULP PHPEHU RI WKH 6XSHUYLVRU\ %RDUG GXULQJ LWV

PHHWLQJRI0DUFKWRUHSODFH0V-DYDU\ZKRUHVLJQHG6KDUHKROGHUVZLOOEHDVNHGWRUDWLI\WKHLQWHULPDSSRLQWPHQW

RI0V*URHQDWWKH$QQXDO*HQHUDO0HHWLQJRI$SULO

Member of an administrative, managerial or supervisory body

0HPEHURI$OWDPLU­V6XSHUYLVRU\%RDUGDQG$XGLW&RPPLWWHH

0HPEHURIWKH%RDUGRI)*)&DSLWDO/LPLWHG

0HPEHURIWKH%RDUGRI)*)0DQDJHPHQW/LPLWHG

0HPEHURIWKH%RDUGRI)*),/LPLWHG

0HPEHURIWKH%RDUGRI)*),,/LPLWHG

0HPEHURIWKH%RDUGRI)*),,,/LPLWHG

0HPEHURIWKH%RDUGRI)*),9/LPLWHG

0HPEHURIWKH%RDUGRI)*)6HUYLFHV

0HPEHURIWKH%RDUGRI1DQ\XNL/WG

0HPEHURIWKH%RDUGDQG0HPEHURI/3&RXQFLORI(XURSHDQ3ULYDWH(TXLW\DQG9HQWXUH&DSLWDO$VVRFLDWLRQ(9&$

7UXVWHHDQG7UHDVXUHURI$IULFDQ:LOGOLIH)RXQGDWLRQ$:)

0HPEHURIWKH%RDUGDQG&KDLURI$XGLW&RPPLWWHHRI0XVHXPRI/RQGRQ¨$UFKHRORJ\02/$

0HPEHURIWKH%RDUGRI7UXVWHHVRI0XLU0D[ZHOO7UXVW007

$OORIWKHDSSRLQWPHQWVRIWKHPHPEHUVRIWKH6XSHUYLVRU\%RDUGRI$OWDPLUDUHH[HUFLVHGRXWVLGHWKH*URXS

Below is a list of directorships held by the representative of the Management Company, Maurice Tchenio, from 2009 to 2013 inclusive. ([SLUHGDSSRLQWPHQWVDUHVKRZQLQLWDOLFV

&KDLUPDQDQG&(2RI$SD[3DUWQHUV6$

&KDLUPDQDQG&(2RI$OWDPLU*pUDQFH6$

&KDLUPDQRI$&)LQDQFH6$6

&KDLUPDQRIWKH%RDUGRI'LUHFWRUVRI)RQGDWLRQ$OSKD2PHJD Chairman of Morgap SAS

Vice-Chairman of Toupargel SASU

'LUHFWRURI7RXSDUJHO*URXSH6$OLVWHGRQ(XURQH[W3DULV Director of Albioma SA

'LUHFWRURI)LQDQFLqUHGHO­(FKLTXLHU6$

Director of F2L SAS

'LUHFWRURI$%2SWLTXH'pYHORSSHPHQW6$6 'LUHFWRURI$%2SWLTXH([SDQVLRQ6$6

3HUPDQHQWUHSUHVHQWDWLYHRI$SD[3DUWQHUV6$DW$OWUDQ7HFKQRORJLHV6$OLVWHGRQ(XURQH[W3DULV 3HUPDQHQWUHSUHVHQWDWLYHRI$SD[3DUWQHUV6$DW5XHGX&RPPHUFH6$

Permanent representative of Apax Partners SA at Morgan International Participations SA Permanent representative of Morgan International Participations at Morgan SA

0HPEHURIWKH6XSHUYLVRU\%RDUGRI7KRP(XURSH6$6

0HPEHURIWKH6XSHUYLVRU\&RPPLWWHHUHSUHVHQWLQJ$SD[3DUWQHUV6$RI)LQDQFLqUHGHV'RFNV6$6 1RQYRWLQJ'LUHFWRURI/LRQ6HQHFD)UDQFH6$6

0DQDJLQJ3DUWQHURI$OSKD2PHJD6&

3DUWQHURI6RFLpWp&LYLOH77,QYHVWLVVHPHQWV 0DQDJHURI$PERLVH61&

0DQDJHURI6RFLpWp&LYLOH*DOLOpH3DUWHQDLUHV 0DQDJHURI6RFLpWp&LYLOH&LPDURVD

0DQDJHURI6RFLpWp&LYLOH/RQJFKDPS

0DQDJHURI6RFLpWp&LYLOH&RSHUQLF3DUWHQDLUHV 0DQDJHURI6RFLpWp&LYLOH6(:DJUDP

0DQDJHURI6RFLpWp&LYLOH&LPDURVD7XEHV 0DQDJHURI6RFLpWp&LYLOH&LPDURVD0HGLD 0DQDJHURI6RFLpWp&LYLOH&LPDURVD,,

0DQDJHURI6RFLpWp&LYLOH*DOLOpH3DUWHQDLUHV,, 0DQDJHURI6RFLpWp&LYLOH0RXVVHFDUULH 0DQDJHURI6RFLpWp&LYLOH(WRLOH,,

0DQDJHUUHSUHVHQWDWLYHRI$SD[3DUWQHUV6$RI6RFLpWp&LYLOH&DSUL 0DQDJHUUHSUHVHQWDWLYHRI$SD[3DUWQHUV6$RI6RFLpWp&LYLOH)LURNL 0DQDJHUUHSUHVHQWDWLYHRI$SD[3DUWQHUV6$RI6RFLpWp&LYLOH&DUPHO 0DQDJHURI6RFLpWp&LYLOH6(%L]HW

Manager (representative of Apax Partners SA) of Société Civile Equa

&R0DQDJHURI0DXU\ODQG6&,

1RQH[HFXWLYH'LUHFWRURI$SD[3DUWQHUV6WUDWHJLF,QYHVWRUV/WG

1RQH[HFXWLYH'LUHFWRURI$SD[3DUWQHUV+ROGLQJV/WG

'LUHFWRURI$SD[9HQWXUH&DSLWDO+ROGLQJV,,,-HUVH\/WG

Below is a list of directorships held by the Deputy CEO of the Management Company, Monique Cohen, from 2009 to 2013 inclusive.

'HSXW\&(2RI$OWDPLU*pUDQFH6$

&KDLUPDQRI)LQDQFLqUH'XFKHVVH,6$6

&KDLUPDQRI7URFDGHUR3DUWLFLSDWLRQV6$6ZDVDQH[SLUHGDSSRLQWPHQWEXWVKHZDVUHDSSRLQWHG

&KDLUPDQRI7URFDGHUR3DUWLFLSDWLRQV,,6$6

&KDLUPDQRIWKH6XSHUYLVRU\%RDUGRI7H[DYHQLU,,6$6 'LUHFWRURI$SD[3DUWQHUV0LG0DUNHW6$6

'LUHFWRURI)LQDQFLqUH0LG0DUNHW6$6

'LUHFWRURI%&DSLWDO6$

'LUHFWRUDQG&KDLUPDQRIWKH%RDUGRI'LUHFWRUVRI:DOOHW6$%HOJLXP

'LUHFWRUDQG&KDLUPDQRIWKH%RDUGRI'LUHFWRUVRI:DOOHW,QYHVWPHQW6$%HOJLXP 'LUHFWRUDQG&KDLUPDQRIWKH%RDUGRI'LUHFWRUVRI:DOOHW,QYHVWPHQW6$%HOJLXP 'LUHFWRUDQG&KDLUPDQRIWKH%RDUGRI'LUHFWRUVRI3UR[LPD,QYHVWLVVHPHQW/X[HPERXUJ 'LUHFWRURI%X\:D\3HUVRQDO)LQDQFH%HOJLXP6$%HOJLXP

'LUHFWRURI%X\:D\7HFK6$%HOJLXP

'LUHFWRURI$OWUDQ7HFKQRORJLHV6$OLVWHGRQ(XURQH[W3DULV 'LUHFWRURI6(3$OWLWXGH

'LUHFWRURI6RFLpWpGH)LQDQFHPHQW/RFDO6$

'LUHFWRURI6DIUDQ6$OLVWHGRQ(XURQH[W3DULV 'LUHFWRURI*OREDO3URMHFW6$6

Director of Equalliance SA Director of Finalliance SAS

0DQDJHU&ODVV&RI6DQWHPHGLD*URXS+ROGLQJ6$5//X[HPERXUJ 0HPEHURIWKH6XSHUYLVRU\&RPPLWWHHRI*OREDO3URMHFW6$6 0HPEHURIWKH6XSHUYLVRU\&RPPLWWHHRI)LQDQFLqUH)DPD[6$6 0HPEHURIWKH6XSHUYLVRU\%RDUGRI7URFDGHUR3DUWLFLSDWLRQV6$6 0HPEHURIWKH6XSHUYLVRU\%RDUGRI7H[DYHQLU,,6$6

0HPEHURIWKH6XSHUYLVRU\%RDUGRI-&'HFDX[6$OLVWHGRQ(XURQH[W3DULV 0DQDJLQJ'LUHFWRURI6RFLpWp&LYLOH)DEDGDUL

Manager of Société Civile Equa

Date 31/12/2009 31/12/2010 31/12/2011 31/12/2012 31/12/2013

SHARE CAPITAL AT YEAR-END

Share capital 219,259,626 219,259,626 219,259,626 219,259,626 219,259,626

Number of ordinary shares 36,512,301 36,512,301 36,512,301 36,512,301 36,512,301 Number of non-voting Class B preferred shares 18,582 18,582 18,582 18,582 18,582 Maximum number of future Class B shares to be created:

- through bond conversion/redemption

- through exercise of Class B warrants 37,164 37,164 37,164 37,164 37,164

OPERATIONS AND INCOME Revenues (ex tax)

Earnings/loss before taxes, pro´t sharing, depreciation,

amortisation & provisions -860,011 10,828,591 141,786,731 15,416,928 30,183,702 Income tax

Employee pro´t sharing

Earnings after taxes, pro´t sharing, depreciation,

amortisation & provisions 9,798,611 5,149,783 120,005,939 52,497,601 64,959,142

Distributed income 0 0 10,140,548 24,019,548

EARNINGS PER SHARE

Earnings/loss before taxes, pro´t sharing, depreciation, amortisation & provisions

- ordinary shares n.s. n.s. n.s. n.s. n.s.

- Class B preferred shares n.s. n.s. n.s. n.s. n.s.

Earnings after taxes, pro´t sharing, depreciation, amortisation & provisions

- ordinary shares 0.26 0.14 3.29 1.44 1.78

- Class B preferred shares

Dividend distributed 0 0 0.2 0.41

EMPLOYEES

Average number of employees Total payroll

Sums paid as employees bene´ts (social security and other social projects)

QVQRWVLJQL´FDQWLWLVQRWPHDQLQJIXOWREUHDNGRZQ(36LQWRHDUQLQJVRQRUGLQDU\VKDUHVDQGHDUQLQJVRQ&ODVV%VKDUHVEHIRUHWDNLQJ

WD[HVGHSUHFLDWLRQDPRUWLVDWLRQDQGSURYLVLRQVLQWRDFFRXQWEHFDXVHWKHVKDUHRIHDUQLQJVDWWULEXWDEOHWR&ODVV%VKDUHV

SXUVXDQWWRWKH$UWLFOHVRI$VVRFLDWLRQFDQRQO\EHHVWDEOLVKHGRQWKHEDVLVRIQHWLQFRPHZKLFKLVLQWXUQDGMXVWHG

APPENDIX II TO THE MANAGEMENT REPORT

RESULTS AND OTHER COMPANY DATA OVER THE LAST FIVE YEARS