SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017

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Capital and ownership structure Capital

CAPITAL 1.

1.1

Capital stock

Capital stock at December 31, 2017 1.1.1 At December 31, 2017, Compagnie de Saint-Gobain’s capital stock amounted to €2,214,228,364, represented by 553,557,091 common shares with par value of €4, compared with 555,280,358 shares at the previous year-end, fully paid up and all of the same category. At December 31, 2017, the Company had issued no shares not representing its capital stock and had issued no securities giving access to its capital stock other than stock options and performance shares (see Chapter 6, Sections 2.4.2 and 2.4.3). Changes in capital stock over the last three fiscal years 1.1.2 Since December 31, 2014, Saint-Gobain’s capital stock has changed as follows:

Capital stock after transaction

Number of shares after transaction

Date

Type of transaction

12/2017 Issuance of 200,241 shares upon exercise of the same number of subscription options

€2,214,228,364 553,557,091 €2,213,427,400 553,356,850 €2,221,427,400 555,356,850 €2,241,427,400 560,356,850 €2,239,496,660 559,874,165 €2,221,121,432 555,280,358 €2,219,387,920 554,846,980 €2,263,324,272 565,831,068 €2,244,709,032 561,177,258 €2,244,592,188 561,148,047 €2,243,773,756 560,943,439 €2,243,529,824 560,882,456 €2,259,529,824 564,882,456 €2,257,801,960 564,450,490 €2,293,801,960 573,450,490 €2,267,565,144 566,891,286 €2,266,599,944 566,649,986 €2,248,800,188 562,200,047 €2,248,684,888 562,171,222

11/2017 Capital reduction: cancellation of 2,000,000 shares 09/2017 Capital reduction: cancellation of 5,000,000 shares

08/2017 Issuance of 482,685 shares upon exercise of the same number of subscription options

05/2017 Group Savings Plan: issuance of 4,593,807 shares (at €36.72)

12/2016 Issuance of 433,292ɸshares upon exercise of the same number of subscription options and allocation of 86ɸperformance shares to employees

05/2016 Capital reduction: cancellation of 10,984,088ɸshares 05/2016 Group Savings Plan: issuance of 4,653,810ɸshares (at €29.42) 04/2016 Allocation of 29,211ɸperformance shares to employees

03/2016 Issuance of 16,790ɸshares upon exercise of the same number of subscription options and allocation of 187,818 performance shares to employees 12/2015 Issuance of 60,983ɸshares upon exercise of the same number of subscription options

11/2015 Capital reduction: cancellation of 4,000,000ɸshares

10/2015 Issuance of 431,641ɸshares upon exercise of the same number of subscription options and allocation of 325 performance shares to employees

10/2015 Capital reduction: cancellation of 9,000,000ɸshares

07/2015 Payment of 50% of the dividend in stock: issuance of 6,559,204ɸshares (at €36.62) 06/2015 Issuance of 240,615ɸshares upon exercise of the same number of subscription options and allocation of 685 performance shares to employees

05/2015 Group Savings Plan: issuance of 4,449,939ɸshares (at €32.44) 04/2015 Allocation of 28,825 performance shares to employees

03/2015 Issuance of 68,601ɸshares upon exercise of the same number of subscription options and allocation of 207,055 performance shares to employees

Liens, guarantees and pledges 1.1.3 At December 31, 2017, to the best of the Company’s knowledge, there were no significant liens, guarantees or pledges applying to Compagnie de Saint-Gobain shares.

204 SAINT-GOBAIN - REGISTRATION DOCUMENT 2017