MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

DESCRIPTION OF THE GROUP, BUSINESS ACTIVITIES, LEGAL AND ARBITRATION PROCEEDINGS

Description of the Group

3.1.5 INTELLECTUAL PROPERTY, RESEARCH AND DEVELOPMENT

At Decemberb31, 2017,Maroc Telecomowned some 846 trademarks and brand names, five patents, four industrial models, and two industrial designs registered with the Moroccan Office for Industrial and Commercial Property (OMPIC). Itissalat Al-Maghrib, Maroc Telecom, Jawal, El Manzil, Kalimat, Menara, Fidelio, the Maroc Telecom pages jaunes (yellow pages), Maghribcom, Mouzdaouij, Solutions Entreprises, Phony and Mobicash are among the main trademarks and brand names owned by Maroc Telecom Group. The trademarks and brand names currently owned by Maroc Telecom are protected throughout Morocco. For the 285 trademarks registered prior to Decemberb18, 2004, when Lawb17-97 concerning the protection of industrial property rights took effect, the patent protection period is 20byears, renewable indefinitely; for the 561 trademarks registered after this date, the patent protection period is 10byears, also renewable indefinitely. Since 2006, in order to protect its industrial and intellectual property rights abroad, Maroc Telecom has extended the protection of 32 of Maroc Telecom’s risks are covered by a centralized policy of coverage by appropriate insurance policies set up in addition to prevention procedures and business recovery plans in the event of a loss. Maroc Telecom has a policy of continual review of its insurance policies through regular bid tenders to benefit from the best technical and financial terms in the market. These insurance programs are set up with the main national and international insurers in order to obtain optimum coverage of Maroc Telecom’s risks. In 2017, Maroc Telecom put out an invitation to tender for an international Group insurance program offering its subsidiaries the best cover available on the market. The program consists of property & business interruption insurance, civil liability insurance and directors & officers liability insurance. At the international level, Maroc Telecom’s principal insurance policy is comprehensive and covers its as well as its subsidiaries’ business and assets against property damage and indirect operating losses. Under the program, inspections of the Group’s main sites are conducted annually by the insurers before each program renewal date. These inspections give the insurers a better assessment of the risks covered and allow the Group to better protect its sites and optimize conditions for negotiating the corresponding insurance policies. 3.1.6 INSURANCE

its trademarks, includingMobicash andNomadis, to France, Benelux, Germany, Spain, Portugal, Italy, Algeria, the European Union and the African Intellectual Property Organization. Moreover, when it acquired new subsidiaries in Januaryb2015, Maroc Telecom also acquired the title to trademarks registered with the African Intellectual Property Organization (OAPI) and in select African countries, notably Angola, Rwanda, Burundi and Gambia. These consist of the Moov trademarks and a few Moov-derived trademarks. In addition, Maroc Telecom is committed to taking all necessary and appropriate measures to protect the trademarks, patents and industrial models it has developed. The rights to use the trademarks and brand names granted toMaroc Telecom are described in the service agreements signed with its contractors. Certain contracts for the sale of services or products grant retailers the right to use Maroc Telecom’s trademarks for the term of the agreement, in accordance with the procedure agreed on by the parties. With regard to civil liability insurance, the Group program affords Maroc Telecom additional coverage extending to major losses and their potentially substantial financial consequences. Maroc Telecom also renewed the disability insurance policies covering its employees against the risks of work-related accidents and occupational illness. In addition, employees are covered by supplemental health insurance (on top of social security) and by a death and disability policy that pays out a lump sum in the event of death or total and permanent disability. TheMaroc TelecomBuilding in Rabat is covered by property damage insurance and a ten-year civil liability warranty, providing broad coverage of the potential risks surrounding this large-scale project. Along with these insurance policies, for more than a decade Maroc Telecom has been committed to a major prevention program to protect its sites against property risks. This program is conducted in close collaboration with Maroc Telecom’s insurance partners. The insurer’s technical department performs audits regularly to review the existing protection and prevention measures and generally assess Maroc Telecom’s safety system and the vulnerability of its key sites in general. After their visits the auditors prepare and send their reports toMaroc Telecom’s various departments which then examine recommendations for improving site protection. Maroc Telecom also transmits its insurance and risk management experience to its subsidiaries.

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MAROC TELECOM ____ 2017 Registration Document