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7

Organizational Chart

Subsidiaries and Equity Investments

76

Worldline

2016 Registration Document

Recent Acquisitions and Disposals

7.2.2

Please refer to Sections

5.1.5 for a description of the transactions with the Equens, Paysquare and KOMERČNÍ BANKA (KB)/KB SmartPay.

Equity Investments

7.2.3

The Group holds 25% of the share capital and 20.75% of the

under liquidation.

voting rights of Buyster SA, due to the individual limitation on

voting rights provided for in its bylaws. Buyster SA is currently

This equity investment was not material to the Group and was

classified under “associates” in the Group’s 2016 consolidated

financial statements.