SOLOCAL_Registration Document_2017

CORPORATE SOCIAL RESPONSIBILITY 3.2 Social responsibility

Number of hires and departures by type at 31/12

SoLocal Group

PagesJaunes

2015 2016

2017

2015 2016

2017

Number of people hired under indefinite-term contracts during the year Number of indefinite-term contract departures at the end of the probationary period

592

749

480

280

343

259

207

225

156

125

109

106

Percentage of all departures

22% 27% 19% 19% 25% 19%

1

Voluntary departures under indefinite-term contracts (departures initiated by the employee)

296

270

261

165

112

120

Percentage of all departures

32% 33% 32% 25% 26% 22%

Number of non-voluntary departures under indefinite-term contracts (departures initiated by the Company)

429

330

406

363

211

323

2

Percentage of all departures

46% 40% 49% 56% 49% 59%

Total number of indefinite-term contract departures

932

825

823

653

432

549

Overall, hiring is decreasing everywhere, in connection with the cost control policy. The decline in international hires is mainly related to the low volume of departures this year at Orbit. For PagesJaunes, the telemarketer hiring rate has been maintained, while the non-commercial rate has declined, and there has been no hiring of field sales representatives on indefinite-term contracts. The SoLocal Group’s compensation policy in France comprises a series of direct and indirect compensation items and Company benefits. These items regularly form the subject of external comparisons. The fixed compensation is paid over 12 months. Various bonuses are paid based on the Articles of Association (regular attendance bonus, length of service bonus, holiday bonus, child allowance, gross transport allowance, etc.). The variable compensation is based on achieving targets set according to the Articles of Association. For example: for sales teams: increase in revenues, quality and operational l efficacy, etc.; for Directors: objectives related to financial indicators, changes l in the number of clients and personal goals. Indirect compensation and Company benefits include wage savings plans, social security and other benefits. With regard to wage savings, a France Group agreement provides the framework for the various plans: participation: a Group agreement was signed in 2006 and applies l to all the French companies in the Group accepting that agreement. It provides for an exceptional calculation of the special participation reserve fund which applies if it is more favourable that the statutory formula; group savings plan (PEG) and collective retirement savings plan l (PERCO): these plans are accessible to all employees of the Group’s French companies that have adhered to Group agreements, subject to 3 months length of service; EMPLOYEE COMPENSATION 3.2.1.2

employer contribution: to facilitate preparation for retirement, l the SoLocal Group makes an annual financial contribution to the collective retirement savings plan with the payment of a contribution that supplements the payments made by employees (participation and/or voluntary payments). With regard to social security: health and benefits coverage: a single plan for all Group l employees in France, largely financed by the Group; pension: all Group executives in France benefit from a l supplementary pension plan known as “Article 83”. The contribution is 5.5% on the part of the gross salary above the annual Social Security ceiling and 2/3 is borne by the Company. Other Company benefits exist within the Group: Company concierge service: the Group has set up our corporate l concierge service at the Boulogne-Billancourt site, which provides employees with a range of practical services within the Company (dry cleaning, shoe repairs, ironing, alterations, hairdresser, beauty care, etc.); gym: at Citylights, employees have access to a fitness centre l reserved for them (see chapter 3.3 – Actions to improve the quality of life at work); meal vouchers/company catering: depending on the sites, l employees may benefit from paper or electronic (TR card) meal vouchers and/or use the company restaurant. This benefit is largely financed by the Company; Works Council (PagesJaunes, SoLocal Holding, Mappy, SoLocal l Marketing Services, ClicRDV, GIE SoLocal): the Company pays the works council an annual grant to finance the social, sports and cultural activities for its employees; Action Logement, a housing access organisation (PagesJaunes, l SoLocal Holding, PJOM, Mappy, SoLocal Marketing Services, GIE SoLocal): organisations intervene alongside employees at each stage of the residential journey (rental housing, financing of the deposit, purchase of housing, financing of work, etc.); long-service medal (PagesJaunes, SoLocal Holding and GIE l SoLocal);

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2017 Registration Document SOLOCAL