SOLOCAL_Registration Document_2017

CONTENT

1 SOLOCAL, LOCAL DIGITAL PARTNER TRUSTED BY BUSINESSES

5 COMMENTS ON THE FINANCIAL YEAR

9 10 10 21 28 30

129

1.1 1.2 1.3 1.4 1.5

History and development Business overview Overview of the sector

5.1 5.2 5.3 5.4

Selected financial information

130 132 140

Financial review

Cash flows and net debt

Strategy

Significant change in financial or trading

position

142 143

Organizational structure

5.5 5.6

Investments

Overview and current trends

and objectives

143

2 RISK FACTORS

31

2.1

Risks Related to our Business and

Strategy

32

6 FINANCIAL STATEMENTS

145

2.2

Risks Related to our Indebtedness

and Market Risks Legal Proceedings

39 40 42 43

6.1

Consolidated financial statements for the years ended 31 December 2016 and 2017

2.3 2.4 2.5

146

Insurance and risk management

6.2

Annual financial statements for the financial years ended 31 December 2016 and 2017

Regulations

187

3 CORPORATE SOCIAL RESPONSIBILITY

47

7 INFORMATION ON THE COMPANY AND ITS CAPITAL

3.1

SoLocal Group, a company responding to

229

the digital transformation

48 51 63 71 78 79 79 83

7.1 7.2 7.3 7.4 7.5 7.6 7.7

General information on the Company Memorandum and Articles of Association

230 231 238 244 254 254 258

3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9

Social responsibility

Environmental responsibility

Share capital

Societal responsibility

Main shareholders

Outlook

Dividend distribution policy Main related-party transactions

CSR contacts

Appendix 1 – Note on methodology Appendix 2 – Concordance table Appendix 3 - Independent Third Party's

Significant contracts

report

89

8 ADDITIONAL INFORMATION

259

8.1

Persons responsible for the Reference

Document

260 260 261 261 261 265

4 CORPORATE GOVERNANCE

91

8.2 8.3 8.4 8.5

Statutory Auditors

4.1

Administrative and general management

Documents made available to the public

bodies

92

Financial forecast calendar

4.2

Functioning of the Board

Concordance table

and the Committees

98

Glossaries

4.3

Compensation and benefits

123