SOLOCAL_Registration Document_2017

4

CORPORATE GOVERNANCE 4.2 Functioning of the Board and the Committees

Éric Boustouller (1) , Chief Executive Officer (4th resolution) Items of compensation paid or attributed during the 2017 financial year Amounts or accounting valuation put to the vote Presentation

Fixed remuneration

€116,214 (amount paid calculated prorata temporis) €116,214 (amount awarded for the previous financial year)

Fixed compensation of a gross annual amount of €520,000 paid monthly Gross annual variable compensation which can vary from between 0% and 200% of the fixed compensation with a target of 100% of the fixed compensation for meeting targets. For the record, the Board of Directors fixed four targets for the Chief Executive Officer for the 2017 financial year: (i) evolution in the aggregate EBITDA-CAPEX, (ii) growth in 2017 Internet revenues (iii) growth in the number of Customers, and (iv) Total Shareholder Return (a) . Éric Boustouller’s variable compensation will, subject to the approval of the General Shareholders’ Meeting on 9 March 2018, be at least equal to 100% of his fixed compensation (pro rata temporis to the time of presence) subject to the condition of his effective presence. This presence condition will be deemed to have been met in the event of a forced departure between the date he takes up his duties (11 October 2017) and 31 December 2017. The principle of awarding deferred variable compensation is not applied. There is no multiannual variable remuneration mechanism The Directors’ fees which Mr Éric Boustouller may be entitled to during his term of office as a Director or permanent representative of a company of the Group (the Company and its subsidiaries) or an entity in which he may intervene as a representative of a company of the Group will either not be paid (for subsidiaries) or paid to the Company. Paid/supplied: health and welfare benefit plans under the terms which currently l apply to the Company’s employed executives or a similar plan; civil liability insurance in the capacity as Chief Executive Officer; l the refund by the Company of his business expenses incurred when l performing his functions, especially accommodation and travelling costs, on production of receipts in accordance with the Company’s rules; the unemployment insurance (GSC) enrollment costs and l contributions for executive corporate officers; and a company car in accordance with the Company’s practices, with l the benefit from personal use assessed in accordance with the Company’s rules. No exceptional remuneration No allotment in 2017

Multi-year variable compensation

Multi-year variable compensation

N/A

Exceptional compensation N/A

Stock options, performance shares or any other long-term benefit (subscription warrants, etc.)

N/A

Directors’ fees

N/A

Benefits in kind

€4,819 (accounting valuation)

Mr Éric Boustouller was appointed Chief Executive Officer on 11 October 2017. (1)

104 2017 Registration Document SOLOCAL