Worldline - Registration Document 2016

Financial Information concerning the Group’s Assets and Liabilities, Financial Condition andResults Material Change in Financial or Commercial Position

consolidated financial statements and no provisions nor This legal proceedings does not have an impact on the Group’s

liabilities have been recorded in connection therewith in the Group’s consolidated financial statements.

Argentina Investigations

commenced an internal investigation into the allegations. In possibly illicit behavior on the part of LyD. The Group promptly following the emergence of reports in the Argentine press early 2014, the Group’s internal investigation was expanded activities, including money laundering and corruption, in the relaying further allegations of irregularities and possible illegal functioning of the Red Bus scheme. source, which contained allegations about suspicious and upon receipt of anonymous e-mails, apparently from an internal Prosecutor’s Office to provide specified information and Laundering (PROCELAC) of the Argentine National Public the Office of the Prosecutor for Economic Crime and Money On March 28, 2014, Worldline Argentina received a request from potential irregularities in connection with the Red Bus scheme In late 2013, the Group’s management became aware of Argentina promptly provided the information requested. documentation relating to the Red Bus scheme. Worldline further the possible involvement of various parties in acts of PROCELAC has since then opened a case file to investigate “criminal association” (asociación ilícita) and tax evasion. The Group’s internal investigation into this matter, which has departments assisted by external advisors, has not found any been conducted through its Internal Audit and Finance matter for the Group. indicate at this stage the likely or probable consequences of this PROCELAC investigation is ongoing. It is therefore impossible to Argentine anti-corruption laws. The Group understands that the proof that Worldline Argentina or any of its employees violated

acquired by Atos in mid-2011. conducted by Siemens and was included in the businesses system in Buenos Aires. This business was originally started and Mendoza, Salta, Tucuman and La Rioja, as well as for the SUBE of their journeys and automatically calculate and process fare mobile wallets to “touch in” and “touch out” at the start and finish smartcard schemes for municipal transportation networks in prices. The Group currently operates several contactless SA (“Worldline Argentina”), including for the cities of Cordoba, Argentina through its subsidiary Atos IT Solutions and Services schemes for multi-modal transit platforms that, among other The Group offers contactless “smart card” fare collection things, allow passengers to use travel cards, payment cards and cash, which is then collected from the various points of sale and Argentina operates, customers purchase or recharge cards with Argentina has contracted to operate the schemes. Worldline deposited in accounts of the municipalities with which Worldline and Argentina outsources the cash collection and transportation In respect of some of the fare collection schemes that Worldline function to subcontractors. Between mid-2011 (“LyD”), due to dissatisfaction with CBI’s service and in particular another subcontractor, Logistica y Distribucion Cuyo Card SA cash collected. the inclusion in the funds flow of third party checks in lieu of In September 2012, Worldline Argentina replaced CBI with Ribelux Cordubensis, which included CBI Cordubensis SA (“CBI”). (the “Red Bus” scheme) to a local association of companies, UTE services with respect to its fare collection scheme in Cordoba September 2012, Worldline Argentina subcontracted such

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Position Material Change in Financial or Commercial 20.7

change in the financial or commercial position of the Group To the Company’s knowledge, there has been no material

the first quarter 2017 revenue, TEAM2, integration and synergy plan and commercial activity, described in Section 12.5 of this

since December 31, 2016, other than the information related to Registration Document.

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Worldline 2016 Registration Document