EDF_REGISTRATION_DOCUMENT_2017

PRESENTATION OF EDF GROUP Property, plant and equipment

1.7.2

EMPLOYER PARTICIPATION IN THE

1.7.3

SUBSIDISED LOANS FOR HOME

CONSTRUCTION EFFORT Each year, EDF is subject to an obligation to participate in the French construction effort program up to 0.45% of its total payroll, which represented approximately €18.7 million for 2017 (€18.4 million for 2016). In return for this funding, EDF employees benefit from subsidies and services aimed at facilitating their residential mobility: assistance with renting, assistance with home purchasing, assistance with mobility, advice on financing.

OWNERSHIP As part of its social policy, EDF helps its employees purchase their main home, thanks to a partnership concluded with a banking institution (SOCRIF). This institution produces, finances and manages loans granted to the Company’s employees. EDF compensates this institution for the difference between the preferential rate at which SOCRIF grants loans to EDF employees and the rate resulting from the bank survey on the basis of which this institution was chosen. As of 31 December 2017, the residual non securitised balance for personal residence mortgages amounted to €2.1 million on EDF’s balance sheet (€2.7 million as of 31 December 2016).

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EDF I Reference Document 2017