SFIL Annual financial report 2018

Report on corporate governance I 2 51 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 Representative of the State on the Board of Directors Schwan Badirou Gafari Principal function: Deputy Director of “Services and Finance” Investments of Agence des Participations de l’État Born on May 1, 1983 – French Dates of beginning and end of mandate: August 8, 2017 - 2021 Date of initial mandate: August 8, 2017 Biographical data •  Alumnus of École Nationale d’Administration •  Graduate of Institut d’Études Politiques de Paris • Master’s degree in Public Affairs •  2010-2012: Deputy to the Environment and Agriculture bureau chief •  2012-2014: Deputy to the Banking Affairs bureau chief •  2014-2015: Advisor to the Director’s Office for France at the IMF and at the World Bank •  2015-2017: Alternate Director for France at the IMF •  Since August 2017: Deputy Director of “Services and Finance” investments, Agence des Participations de l’État, Ministry of the Economy and Finance Business address: Agence des Participations de l’État 139, rue de Bercy 75572 Paris Cedex 12 Mandates and functions •  Agence des Participations de l’État, Deputy Director of “Services and Finance” investments •  SFIL, representative of the State on the Board of Directors, member of the Governance and Appointments Committee, member of the Compensation Committee, member of the Financial Statements Committee and member of the Risks and Internal Control Committee •  Imprimerie Nationale, representative of the State on the Board of Directors •  La Française des Jeux, representative of the State on the Board of Directors •  Société anonyme d’économie mixte d’aménagement et de gestion du marché d’intérêt national de la région parisienne (SEMMARIS), representative of the State on the Board of Directors •  Société pour le logement intermédiaire, representative of the State on the Board of Directors Attendance at Board of Directors’ meetings 100% Attendance at Governance and Appointments Committee meetings 100% Attendance at Compensation Committee meetings 100% Attendance at Financial Statements Committee meetings 100% Attendance at Risks and Internal Control Committee meetings 100% Members of the Board of Directors representing shareholders’ interests Serge Bayard Principal function: Director of Companies and Regional Development at La Banque Postale Born on October 24, 1963 - French Dates of beginning and end of mandate: May 31, 2017 - 2021 Date of initial mandate: March 24, 2016 Biographical data •  DUT in Corporate Management (Université Lyon I) •  Bachelor’s degree in Administration (Université Paris XII) •  École Nationale du Trésor •  Training cycle for Chief Inspectors of the Treasury •  1984-1999: Public Accounting Department –– Category B Treasury Controller of the Administration (1984-1988) –– In charge of the economic mission of the redevelopment center of Creusot/Montceau les Mines (1989-1994) –– Director of the Treasury Department in charge of audit and control for the Rhône Alpes region (1994-1999) •  1999-2002: General Inspection of Finances, Inspector general of finance •  2002-2004: Caisse des dépôts et consignations, Director of Finances and C3D Strategy (Caisse des Dépôts Développement) •  2004-2008: Groupe Caisse d’Épargne –– Director of public-private partnerships (2004-2007) –– Director of real estate markets (2007-2008) •  Since 2008: La Banque Postale –– Director of Strategy (2008-2011) –– Director of companies and regional development (since 2011) Business address: La Banque Postale 1‑3, rue du Passeur de Boulogne 92130 Issy-les-Moulineaux Mandates and functions •  La Banque Postale, Director of Companies and Regional Development •  SFIL, member of the Board of Directors, member of the Financial Statements Committee and member of the Risks and Internal Control Committee •  La Banque Postale Collectivités Locales, Chairman of the Board of Directors •  La Banque Postale Leasing and Factoring, Chairman of the Executive Board •  La Banque Postale Home Loan SFH, member of the Board of Directors •  La Banque Postale Assurance Santé, member of the Board of Directors, member of the Development Committee •  KissKissBankBank & Co, member of the Administration Committee Attendance at Board of Directors’ meetings 66.67% Attendance at Financial Statements Committee meetings 50% Attendance at Risks and Internal Control Committee meetings 40%