FFP_REGISTRATION_DOCUMENT_2017

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INFORMATION ABOUT THE COMPANY AND ITS SHARE CAPITAL

FFP and its shareholders

Dividends paid in the last three financial years

DIVIDEND POLICY For many years, FFP’s dividend policy has been to pay out a steadily increasing dividend, wherever possible. At the forthcoming Annual General Meeting, the Board has decided to propose a dividend of €2 per share.

APPROPRIATION OF INCOME The Board of Directors proposes appropriating income as follows:

Profit for the financial year

€31,581,020.92

Retained earnings

€2,684,123.23

Reserves available for distribution Total amount available for distribution

€1,099,222,553.44 €1,133,487,697.59

Appropriation  W to shares as a dividend

€50,145,178.00

 W to Other reserves

€1,083,342,519.59

DIVIDEND PAYMENTS IN THE LAST THREE FINANCIAL YEARS

2016

2015

2014

Number of shares Par value of shares Dividend per share

25,072,589

25,072,589

25,157,273

€1.00 €1.80

€1.00 €1.60

€1.00

€2

Transactions in the Company’s shares

Characteristics of the Buyback Programme Pursuant to the regulations in force and market practices permitted by the Autorité des marchés financiers, the objectives of this Buyback Programme were to enable, where appropriate: O an investment services provider to maintain a liquid market for the Company’s shares under a liquidity agreement that complies with the AMAFI Code of Ethics recognised by the AMF; O the allotment or sale of shares to employees and/or corporate officers (on the terms and conditions and as provided for in law), including under a stock option plan, a bonus share allotment plan or a corporate savings plan; O the allotment of shares upon the exercise of rights attached to negotiable securities carrying entitlement through redemption, conversion, exchange, presentation of a warrant or any other

DETAILS OF THE 2017 SHARE BUYBACK PROGRAMME

Legal framework At the Ordinary General Meeting of 11 May 2017 (Seventeenth resolution), shareholders authorised the Board of Directors to implement a share buyback programme (the “Buyback Programme”) in accordance with the provisions of article L. 225- 209 of the French Commercial Code. This Buyback Programme was set up by the Board of Directors on 11 May 2017. The main characteristics of this Buyback Programme are presented in the 2016 Registration Document. This programme superseded that authorised at the Ordinary and Extraordinary General Meeting of 3 May 2016 (Eighth resolution). This Buyback Programme was adopted for a period of 18 months with effect from the date of the General Meeting, that is until 10 November 2018. Pursuant to this authorisation, the maximum purchase price was set at €130 per share. The Board of Directors was authorised to buy a number of shares representing no more than 10% of the number of shares making up FFP’s share capital.

means to the allotment of the Company’s shares; O the potential cancellation of the shares acquired;

O more generally, the execution of any transaction permitted or authorised subsequently by the regulations in force, especially where it relates to a market practice permitted subsequently by the AMF.

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FFP

2017 REGISTRATION DOCUMENT