PSA_GROUP_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2017 Notes to the consolidated financial Statements at December 2017

Diluted earnings per share - Attributable to equity holders of the parent B. Diluted earnings per share are calculated by the treasury shares method. This consists of taking into account the exercise of stock options, performance shares grants to employees and equity warrants. The performance shares grants (see Note 7.2.B) and the equity warrants (see Note 15.1.B) had a potential dilutive effect on 31 December 2017. The following tables show the effects of the calculation: Effect on the average number of shares (1)

Notes

2017

2016

Average number of €1 par value shares outstanding Dilutive effect, calculated by the treasury shares method, of: Equity warrants (2014 capital increases) > Equity warrants delivered to General Motors Group >

886,113,459 802,566,768

15.1.B 15.1.B 7.2.B

10,763,952 39,727,324 4,350,427

91,404,878

-

Performance shares plans >

4,115,300

Diluted average number of shares

940,955,162 898,086,946

Effect of Faurecia dilution on consolidated earnings of continuing operations - attributable to (2) equity holders of the parent

2017

2016

(in million euros)

Consolidated profit (loss) from continuing operations - attributable to equity holders of the parent Dilutive effect of Faurecia (stock options' plans and performance shares grants) CONSOLIDATED PROFIT (LOSS) FROM CONTINUING OPERATIONS (AFTER FAURECIA DILUTION EFFECT) Diluted earnings of continuing operations - attributable to equity holders of the parent per €1 par value share (in euros)

1,936

1,525

-

-

1,936

1,525

2.06

1.70

Effect of Faurecia dilution on consolidated earnings - attributable to equity holders (3) of the parent

2017

2016

(in million euros)

Consolidated profit (loss) attributable to equity holders of the parent Dilutive effect of Faurecia (stock options' plans and performance shares grants)

1,929

1,730

-

-

CONSOLIDATED PROFIT (LOSS) AFTER FAURECIA DILUTION

1,929

1,730

Diluted earnings attributable to equity holders of the parent per €1 par value share (in euros)

2.05

1.93

The performance shares grants of Faurecia have a potential impact on the total number of Faurecia shares outstanding without affecting the number of shares held by Groupe PSA. Consequently, they have a potential dilutive effect on consolidated profit attributable to the PSA Group. Due to their terms, the Faurecia stock options’ plans do not have any material dilutive impact in 2016 and 2017.

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GROUPE PSA - 2017 REGISTRATION DOCUMENT