SOLOCAL_Registration Document_2017

CORPORATE GOVERNANCE 4.2 Functioning of the Board and the Committees

Items of compensation due or attributed during the 2017 financial year

Amounts or accounting valuation put to the vote

Presentation

Non-competition compensation Nothing is owed for the 2017 financial year, as the Board of Directors released Jean-Pierre Remy from his non-competition obligation.

The Chief Executive Officer will be subject to a non-competition obligation if he leaves his office for any reason and in any form whatsoever, under the conditions below: the non-competition obligation will be limited to a 24-month l period starting from the end of his duties; the corresponding compensation shall be equal to 12 months’ l total remuneration calculated on the basis of the monthly average of his total gross compensation paid over the last 12 months of activity.

1

The accumulation of the severance pay and non-competition obligation cannot exceed two years of remuneration, fixed and variable. Supplementary pension Scheme €4,531 (employer contribution) Defined-contribution supplementary retirement plan (Article 83 of

2

the French Tax Code) resulting in a contribution of 5.5% applied to remuneration tranches B and C. This contribution is paid 60% by the Company, i.e. 3.3%, with the remaining 40% payable by the Deputy Chief Executive Officer, i.e. 2.2%.

3

See Section 2.1.3 (Annual variable compensation for 2017 payable in 2018) of the 2017 Sapin Law report: (a) Min Target

Max

4

Evolution of the aggregate EBITDA-CAPEX

0% 0% 0% 0% 0%

50%

100%

12.5% 12.5%

25% 25% 50%

Growth in internet revenues 2017 Evolution in number of Clients

Total Shareholder Return

25%

TOTAL VARIABLE AS % OF FIXED COMPENSATION

100%

200%

5

See section 2.2.2 (Directors’ fees) of the 2017 Sapin Law report. (b)

6

7

8

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2017 Registration Document SOLOCAL