SFIL Annual financial report 2018

Shareholders’ Meeting of may 29, 2019 I 5 139 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 Proposed resolutions to the Ordinary and Extraordinary Shareholders’ Meeting of May 29, 2019 To the Ordinary Shareholders’ meeting First resolution: approval of the annual financial statements The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordi- nary shareholders’ meetings and having heard the reports of the Board of Directors and the Statutory Auditors, approves the annual financial statements as of December 31, 2018, as presented to it, with all transactions reflected in these financial statements or mentioned in these reports, and showing an income of EUR 43,894,360.64. The Ordinary Shareholders’ Meeting approves the total amount of costs and expenses not deductible for corporate income tax purposes (article 39.4 of the General Tax Code), an amount of EUR 37,665.83. Second resolution: allocation of net loss / income The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordi- nary shareholders’ meetings, decides to allocate the net income for the year totaling as follows: In EUR ALLOCATION OF NET INCOME Net income for the year 43,894,360.64 Legal reserve (5%) (2,194,718.03) Retained earnings 12,814,036.42 Income available 54,513,679.03 Retained earnings after allocation to legal reserve 54,513,679.03 In accordance with article 243 bis of the General Tax Code, the Shareholders’ Meeting notes that no dividends were paid out during the past three years. Third resolution: approval of the consolidated financial statements The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordinary shareholders’ meetings and having heard the reports of the Board of Directors and the Statutory Auditors, approves the consol- idated financial statements as of December 31, 2018, as presented to it, with all transactions reflected in these financial statements or mentioned in these reports, and showing an income attributable to owners of the parent company of EUR 63,176,529.28. Fourth resolution: approval of regulated agreement entered into with La Banque Postale The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordi- nary shareholders’ meetings and having heard the Statutory Auditors’ special report on regulated agreements subject to article L.225-38 of the Code of Commerce, approves, in accordance with the conditions of article L.225-40 of this same code, the relevant regulated agreement entered into with La Banque Postale. Fifth resolution: approval of the regulated agreement entered into with La Banque Postale and the Collectivités Locales joint venture The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordi- nary shareholders’ meetings and having heard the Statutory Auditors’ special report on regulated agreements subject to article L.225-38 of the Code of Commerce, approves, in accordance with the conditions of article L.225-40 of this same code, the relevant regulated agreement entered into with La Banque Postale and the Collectivités Locales joint venture. Sixth resolution: approval of the regulated agreement entered into with Caisse des dépôts et consignations The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordi- nary shareholders’ meetings and having heard the Statutory Auditors’ special report on regulated agreements subject to article L.225-38 of the Code of Commerce, approves, in accordance with the conditions of article L.225-40 of this same code, the relevant regulated agreement entered into with Caisse des dépôts et consignations. Seventh resolution: discharge for members of management and supervisory bodies The Shareholders’ Meeting, voting in accordance with the conditions governing the quorum and majority required for ordi- nary shareholders’ meetings, and in light of the approval of the previous resolutions, gives full and unqualified discharge to the members of management and supervisory bodies for the fulfilment of their duties for the year ending December 31, 2018.