AFD - 2018 Registration document

CORPORATE GOVERNANCE Report on corporate governance

ASSOCIATE CHIEF EXECUTIVE OFFICER: AWAITING APPOINTMENT

P 4 members appointed for their expertise in economic and financial matters; P 1 member appointed for his expertise in ecological and sustainable development issues; P 5 members of Parliament (two deputies and two senators); Each member of the Board of Directors can be substituted by an alternate, who is appointed under the same conditions as the permanent member, in the event of a scheduling conflict or absence. The Chair of the Board of Directors is appointed by decree based on the report of the French Minister in charge of the Economy, the French Minister in charge of Cooperation, the French Minister in charge of the French Overseas Departments and Collectivities and the French Minister in charge of Immigration. The age limit applicable to the Chairman of the Board of Directors is 70 years of age. He or she casts the deciding vote in the event of a tie. If the Chair is absent, he or she is replaced by the eldest of the six State representatives. Members of the Board of Directors have a three-year term. However, the term on the Board of Directors of members of Parliament ends when they cease to be members of the assemblies to which they were elected. Members of the Board of Directors are not paid. However, the Chair of the Board of Directors receives compensation, the amount of which is set by joint decree by the French Ministers in charge of the Economy, Cooperation and French Overseas Departments and Collectivities. AFD strives to better meet the principle of balanced representation of women and men on the Board, in particular when renewing offices. At 31 December 2018, there were 35 Board members. Of the 33 who had been duly appointed (16 permanent and 17 alternate), 14 were women (6 permanent and 8 alternate), representing 40% of the members and 42.4% of the seats filled. P 2 elected representatives of AFD’s staff.

3.1.2 Executive Committee Members of AFD’s Executive Committee are appointed by the Chief Executive Officer: P Deputy Chief Executive Officer: Philippe Bauduin; P Associate Chief Executive Officer: awaiting appointment; P Operations Executive Officer: Jean-Pierre Marcelli; P General Secretary Executive Officer: François Parmantier; P Director of the Finance department: Françoise Lombard; P Human Resources Executive Officer: Matha Stein Sochas; P Strategy, Partnerships and Communication Executive Officer: Laurence Breton-Moyet; P Studies, Research and Knowledge Executive Officer: Thomas Melonio; P Chief Executive Officer of Proparco: Grégory Clemente; P Chief Economist: Gaël Giraud. 3.1.3 The Board of Directors COMPOSITION OF THE BOARD OF DIRECTORS In accordance with Article R.515-17 of the French Monetary and Financial Code, the Board of Directors includes the following members, aside from its Chairman: P Risks Executive Officer: Amaury Mulliez;

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P 6 representatives of the French State;

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REGISTRATION DOCUMENT 2018