MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

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GENERAL INFORMATION ABOUT THE COMPANY Information about the Company and corporate governance

2.2 _ Information about the Company and corporate governance

2.2.1 GENERAL INFORMATION ABOUT THE COMPANY

2.2.1.1 CORPORATE NAME ITISSALAT AL-MAGHRIB. The Company also operates under the trade names “IAM” and “Maroc Telecom.” 2.2.1.2 REGISTERED OFFICE The Company’s registered office is on Avenue Annakhil, Hay Riad, Rabat, Morocco. Telephone: +212 537.71.21.21

As a result of the transposition of European Transparency Directive provisions, effective Marchb 30, 2008, the rules governing the shareholding disclosure thresholds are now applicable to the Company. Under French regulations, foreign issuers must apply the necessary measures that allow shareholders to manage their investments and exercise their rights. Because Company shares are listed on the: – inform the French Financial Markets Regulator (AMF) of any changes in its share capital compared with previously disclosed information, particularly any shareholding disclosure that Maroc Telecom may have received; – publish a half-year financial report including condensed financial statements, a half-year operations report, a Statutory auditors’ report on the review of the aforementioned financial statements, and a statement from the persons responsible for the report, within threebmonths of the end of the first half of the Company’s fiscalbyear; – publish an annual financial report including financial statements, a management report, a Statutory auditors’ report, and a statement from the persons responsible for the report, within fourbmonths of the end of the Company’s fiscalbyear; – publish within four (4)bmonths of the fiscalbyear-end the fees paid to each of the Statutory auditors (to be reported in the Registration Document posted on the Maroc Telecom website); – publishbmonthly the total number of voting rights and shares comprising the Company’s share capital; – publish promptly any information on new facts that may materially affected the share price, and inform the AMF thereof; – inform French shareholders about changes in Company business or in the management team; – make the necessary provisions to allow persons who hold their shares through Euroclear France to exercise their rights, particularly by informing them of Shareholders’ Meetings and by allowing them to exercise their voting rights; – notify persons who hold their shares through Euroclear France about dividend payments, new share issues, allocation, subscription, surrender and conversion; – update names and details of the persons responsible for information in France; – provide theAMF with any information it may require in accordance with its mission and with the laws and regulations applicable to the Company;

2.2.1.3 LEGAL FORM Maroc Telecom is a Moroccan corporation.

2.2.1.4 GOVERNING LAW TheCompany is governedbyMoroccan law,in particular by Lawb17-95 pertaining to corporations, as amended and extended by Lawb20-05 and 78-12, and by the Company’s Bylaws.The Company is not subject to French law governing business corporations. Because the Company is listed on a regulated market in Morocco, the provisions of various Moroccan laws, regulations, orders, decrees and circulars are applicable. 2.2.1.5 COMMITMENTS OF THE COMPANY WITH RESPECT TO THE FRENCH FINANCIAL MARKETS REGULATOR Because the Company is also listed on the Premier marché of NYSE Euronext Paris, it is subject to certain provisions of French securities regulations. Under current laws and pursuant to the General Regulations of the French Financial Markets Regulator (AMF), provisions concerning foreign issuers are applicable to the Company. In addition, NYSE Euronext Paris organization and operating rules are generally applicable to the Company. The French Financial Markets Regulator may also enforce the mandatory submission of a public tender offer and buyout for all buyout offers concerning Company shares.

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MAROC TELECOM ____ 2017 Registration Document