SOLOCAL_Registration Document_2017

CORPORATE SOCIAL RESPONSIBILITY 3.3 Environmental responsibility

It recognises conciliation in the exercise of a term of office of representation with the occupational activity as essential to the quality of the representation. It reaffirms the importance of full integration of employees holding mandates into the life of the Company, and the need to allow them to follow a career path corresponding to the development of their skills. An amendment to the agreement dated 6 May 2004, applicable from 2017, was signed on 30 November 2016. REORGANISATION OF THE ACTIVITY 3.2.4.3 Employment Protection Plan During 2013, PagesJaunes had to reorganise to ensure its sustainability in the face of a constantly changing and increasingly competitive market environment. A project for the evolution of PagesJaunes’s model and organisation was presented for information and consultation before the relevant Employee Representative Bodies in September 2013. At the end of 10 bargaining meetings with the unions conducted in parallel with the procedure for informing and consulting the CHSCTs on the one hand and the Works Council on the other hand, a majority agreement on social support measures determining the content of the employment protection plan was signed on 20 November 2013. This plan provided for abolishing 22 positions fully offset by the creation of positions offered to the employees concerned as part of the internal reclassification. The objective was to maintain employment in or outside the Company (offset by funding of training). There were no compulsory redundancies and the overall project was a net job creator (48 jobs). This agreement was validated DIRECCTE on 2 January 2014, confirmed by the Administrative Court of Cergy-Pontoise by judgment of 22 May 2014. This decision, however, was annulled by the

Administrative Court of Appeals of Versailles in a judgment dated 22 October 2014, then by the Council of State for lack of majority character. The existence or content of the plan was therefore not at issue. These decisions do not challenge the validity of the procedure followed nor the reality of the economic motive justifying the procedure implemented by PagesJaunes. Voluntary departure plan The long-term reorientation of PagesJaunes’ activities towards the dynamic and profitable segments of the market involves efforts above and beyond the Employment Protection Plan implemented in 2014. The Company’s ambition to increase its digital revenues by 10% by 2018 called for the continuation and intensification of the efforts made in recent years to that effect, by the transformation of several skills, tools and processes. Thus, a voluntary redundancy plan (VDP) was set up at the end of 2015-beginning of 2016 in order to support market developments and the new organization of the Company. The VDP falls within the more global scope of an operational improvement plan aimed at generating annual savings of €30 million; this savings plan includes the VDP, a reduction in external expenses and the transfer of certain subsidiaries. 140 positions were eligible for the voluntary departure of employees whose jobs belonged to one of the previously determined professional categories and who had developed a professional project. The number of departures could not exceed 140, and 70% of applicants were eligible for retirement. The implementation of this plan demonstrated the desire to avoid forced departures and to promote the realisation of external professional projects of employees who so wished. This plan was implemented in 2016 and employee support continued in 2017. Also, as set out in the introduction, an Employment Protection Plan was announced in February 2018.

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ENVIRONMENTAL RESPONSIBILITY 3.3

measures concerning printed directories, and the environmental certification of its buildings. The PagesJaunes subsidiary updated its greenhouse gas emissions assessment (BEGES) for the year 2014. GHG emissions were reduced by 58% between 2009 and 2014, exceeding the target of -50% between 2009 and 2015. The actions taken have shown results. PagesJaunes set new targets to continue to reduce greenhouse gas emissions associated with its activities and undertakes to reduce its emissions by -30% by 2018 compared to 2014. This overall target for 2014-2018 includes the following three types of emissions defined under the GHG Protocol.

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“To conduct business in an eco-responsible manner” SoLocal Group and its subsidiaries, by offering their services and informative content to the general public 24/7, facilitate the greatest number of responsible choices; whether it is Mappy and its multimodal itinerary comparison tool, Ooreka.fr, which provides a large number of best practice sheets, or PagesJaunes by highlighting eco-responsible professionals. In parallel, the Group continues eco-responsible management of its own activities as a basic component of its culture, in line with its key value of integrity. The SoLocal Group has a strategy for adapting to climate change, particularly through its environmental

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2017 Registration Document SOLOCAL