ASSYSTEM_Registration_Document_2017

FINANCIAL STATEMENTS PARENT COMPANY FINANCIAL STATEMENTS

SEVERANCE PAYMENT DUE IN CASE OF TERMINATION OF THE MANDATE OF MISTER PHILIPPE CHEVALLIER AT THE INITIATIVE OF THE COMPANY

● Interested party : Mr Philippe Chevallier, Chief Financial Officer of your Company.

● Nature and terms and conditions:

During its meeting of 9 March 2016, your Board of Directors approved the implementation to the benefit of Mr Philippe Chevallier, Chief Financial Officer of your Company since 5 June 2015, of a termination indemnity of € 500,000 in case his dismissal would be initiated by your Company without any cause prior to the General Meeting of 2020 approving the financial statements of 2019. The payment of such severance indemnity shall be conditional upon: ● the certification, without qualifications and within the legal deadlines, of the consolidated financial statements throughout his mandate, ● the achievement of an average Return On Capital Employed (ROCE) ratio (after normative tax rate) of at least 6% over the last three fiscal years. It should be noted that the said severance pay is not due in case of gross negligence or wilful misconduct.

Paris la Défense and Neuilly-sur-Seine, 10 April 2018 The statutory auditors French original jointly signed by

KPMG Audit partner

Deloitte & Associés audit partner

Éric ROPERT

Albert AÏDAN

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ASSYSTEM

REGISTRATION DOCUMENT 2017