MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

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

Juneb29,b2016, effective from Januaryb1, 2016) and Atlantique TelecomCentrafrique.As a result, Maroc Telecomacquired the rights related to the Brands “Moov” and “No Limit” belonging to the Etisalat Group as well as related Brand Licensing agreements with regard to the above subsidiaries. TECHNICAL ASSISTANCE AGREEMENTS As of Januaryb 26, 2015, Maroc Telecom became the majority shareholder of Atlantique Telecom Côte d’Ivoire, Etisalat Benin, Atlantique Telecom Togo, Atlantique Telecom Niger, Atlantique Telecom Gabon (entity absorbed by Gabon Telecom on Juneb29,b2016, effective from Januaryb1, 2016) and Atlantique TelecomCentrafrique.As a result, Maroc Telecomacquired the rights stemming from the Technical Assistance agreements by and between these companies and the Etisalat Group. Maroc Telecom is a majority shareholder of those entities, and for Gabon Telecom Mr. Boudaoud is also a member of the joint management bodies. AGREEMENTS FOR CURRENT-ACCOUNT ADVANCES As of Januaryb 26, 2015, Maroc Telecom became the majority shareholder of Atlantique Telecom Côte d’Ivoire, Etisalat Benin, Atlantique Telecom Togo, Atlantique Telecom Niger, Atlantique Telecom Gabon (entity absorbed by Gabon Telecom on Juneb29,b2016, effective from Januaryb1, 2016) and Atlantique Telecom Centrafrique and Prestige Telecom Côte d’Ivoire. Maroc Telecom also acquired the current accounts of the Etisalat Group in these subsidiaries. Maroc Telecom is a majority shareholder of those entities, and for Gabon Telecom Mr. Boudaoud is also a member of the joint management bodies. TECHNICAL SERVICES AGREEMENT WITH ETISALAT PARTIES CONCERNED In Mayb2014, Maroc Telecom signed a service agreement with Emirates Telecommunications Corporation (Etisalat), under which the latter is to provide Maroc Telecom, at its request, directly or indirectly, with technical support services, including in the following areas: digital media, insurance, and financial ratings. These services may be performed by expatriate staff. OnMayb14, 2014, Etisalat became the principal shareholder of Maroc Telecom via SPT. Members of the management bodies common to both parties are: Mssrs. EissaMohammadAl Suwaidi, HatemDowidar, Saleh Abdooli, Serkan Okandan and Mohammad Hadi Al Hussaini. SERVICE AGREEMENT WITH GABON TELECOM In Novemberb2016, Gabon Telecom signed an agreement with Maroc Telecom under which it provides services in the following areas: strategy and development, organization, networks, marketing, finance, purchasing, human resources, information systems and regulation. These services are carried out mostly by expatriate employees. Maroc Telecom is a majority shareholder of Gabon Telecom and the member of the management bodies in common is M.bBrahim Boudaoud. SERVICE AGREEMENT WITH SOTELMA In 2009, Sotelma and Maroc Telecom signed an agreement under whichMaroc Telecomprovides it with technical support and services. Maroc Telecom is a majority shareholder of Sotelma and the member of the management bodies common to both parties is Mr.bLarbibGuedira.

SERVICE AGREEMENT WITH ONATEL In Septemberb2007,Onatel signed an agreement withMaroc Telecom under which Maroc Telecom provides services to Onatel in the following areas: strategy and development, organization, networks, marketing, finance, purchasing, human resources, information systems and regulations. These services are carried out mostly by expatriate employees. Maroc Telecom is the majority shareholder of Onatel. SERVICE AGREEMENT WITH MAURITEL In fiscalbyear 2001, MauritelbSA signed an agreement with Maroc Telecomunder whichMaroc Telecomprovides services and technical assistance and transfers equipment to MauritelbSA. Maroc Telecom is the majority shareholder of MauritelbSA and the member of the management bodies in common is Mr.bHassan Rachad. AGREEMENT RELATING TO THE ACQUISITION AND FINANCING OF SUBSIDIARIES OF THE COMPANY ETISALAT The agreement concerns the settlement by Itissalat Al-Maghrib (IAM) of the purchase price in five interest-free maturities and the granting of a zero interest loan of USD 200bmillion from Etisalat which the company reallocated to certain acquired subsidiaries. Etisalat is the major shareholder of IAM. The members of the management bodies for Etisalat are Eissa Mohammad Al Suwaidi, Mohammad Hadi Al Hussaini, HatembDowidar, Saleh Abdooli and Serkan Okandan. CONTRACT WITH CASANET Since 2003, Maroc Telecom has signed several agreements with its subsidiary Casanet, the purpose of which is, among other goals, the maintenance in operation conditions of the Menara internet portal of Maroc Telecom, the supply and development and hosting services for the mobile portal of the Maroc Telecom websites. Maroc Telecom is the majority shareholder of Casanet and the member of the management bodies in common is Mr. Hassan Rachad. CURRENT-ACCOUNT ADVANCE – CASANET Maroc Telecom decided to entrust its business directory activities to its subsidiary Casanet. In relation to this, the Supervisory Board on Decemberb4, 2007 authorized the payment by the Company of the necessary investments costs, which will be financed through non-interest- bearing current-account advances. Maroc Telecom is the majority shareholder of Casanet and the member of themanagement bodies in common isMr.Hassan Rachad.

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MAROC TELECOM ____ 2017 Registration Document