SFIL Annual financial report 2018

Consolidated financial statements in accordance with IFRS I 3 107 Annual Financial Report 2018 SFIL Management report Report on corporate governance Consolidated financial statements in accordance with IFRS Annual financial statements in accordance with French GAAP Shareholders’ Meeting of May 29, 2019 General information BREAKDOWN OF FINANCIAL ASSETS BY STAGE OF CREDIT RISK 1/1/2018 Gross amount Impairment Net amount Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Financial assets at fair value through equity 942 - - 942 - - - 942 Loans and advances due from banks at amortized cost 295 - - 295 (0) - - 295 Loans and advances to customers at amortized cost 38,620 3,610 1,432 43,662 (5) (39) (11) 43,607 Bonds at amortized cost 6,475 1,831 86 8,392 (1) (0) - 8,391 TOTAL FINANCIAL ASSETS 46,332 5,441 1,518 53,291 (6) (39) (11) 53,235 GAP ANALYSIS BETWEEN PROVISIONS UNDER IAS 39 AND EXPECTED LOSSES UNDER IFRS 9 IAS 39 Restatments Adjustment value IFRS 9 12/31/2017 Asset impacts of restatments Impact of evaluation method changes 1/1/2018 Asset provisions Financial assets at fair value through net income - - - - Financial assets available for sale - - - - Financial assets at fair value through equity - - - - Financial assets at amortized cost - - - - Loans and advances due from banks at amortized cost - - - - Loans and advances to customers at amortized cost - specific provisions 23 (35) 47 35 Loans and advances to customers at amortized cost - collective provisions 30 (6) (24) - Bonds at amortized cost - collective provisions - - - - Bonds at amortized cost - specific provisions - 17 4 21 TOTAL 53 (24) 27 56 9. Post-closing events No significant event that infuences the Company’s financial situation has occurred since the closing in December 31, 2018. 10. Statutory Auditor’s fees in 2018 EUR thousands Deloitte & Associés Ernst & Young et Autres Amount including VAT % Amount including VAT % 2017 2018 2017 2018 2017 2018 2017 2018 Audit services rendered Audit, certification, examination of company financial statements 379 545 78% 83% 348 545 86% 84% of which SFIL 139 163 - 108 132 - - Other audit tasks 106 110 22% 17% 59 104 14% 16% of which SFIL 55 42 - 36 41 TOTAL 484 655 100% 100% 407 649 100% 100% Services other than the certification of the financial statements included missions relating to the issue of letters of comfort for the update of programs for the issue of securities.