MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

FINANCIAL REPORT

Statutory financial statements

A2 — EXCEPTIONS

FROM 01/01/2017 TO 12/31/2017

Justification of exemptions

Effect of exemptions on assets, financial position, and results

Exemptions

I- Exemptions from basicbaccounting principles

None None

None None

II- Exemptions from valuation methods

III- Exemptions from rules for preparing and presenting summary financial statements

None

None

4

A3 — CHANGES IN METHOD

FROM 01/01/2017 TO 12/31/2017

Justification of exemptions

Effect of exemptions on assets, financial position, and results

Type of commitment

Changes affecting valuation methods Changes affecting presentation guidelines

None None

B1 — CAPITALIZED COSTS

FROM 01/01/2017 TO 12/31/2017

Main account

Description

Amount

2110 2116 2118 2120

Incorporation fees Development costs

None None None None

Other preliminary expenses

Costs allocated over several fiscalbyears

TOTAL

NONE

175

MAROC TELECOM ____ 2017 Registration Document