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Financial and accounting information 2017 Consolidated financial statements

At December 31, 2016, pension obligations and provisions for other post-employment benefit obligations by major geographic region were as follows: Dec.b31, 2016 (inɸ€ millions) France Eurozone United Kingdom United States Rest of the World Net total AVERAGE DURATION (IN YEARS) 16 16 19 13 15 16 Defined benefit obligations - funded plans 563 1,781 5,278 2,975 937 11,534 Defined benefit obligations - unfunded plans 402 126 402 200 1,130 Fair value of plan assets (256) (829) (4,814) (2,519) (828) (9,246) DEFICIT/(SURPLUS) 709 1,078 464 858 309 3,418 Asset ceiling 4 4 NET PENSION AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS 709 1,078 464 858 313 3,422

Changes in provisions 4.3.3.3. Changes in pension and other post-employment benefit obligations are as follows:

Net pension and other post-employment benefit obligations

Pension obligations

Fair value of plan assets

Asset ceiling

(inɸ€ millions)

AT JANUARYb1, 2016 Changes during the year Service cost

11,770

(8,136)

6

3,640

189 382

189 104

Interest cost/return on plan assets as per calculations Employee contributions and plan administration costs

(278)

(1)

(1)

Past service cost

(12) (53)

(12)

Plan curtailments/settlements

51

(2)

Pension contributions

(732)

(732)

Benefit payments

(491) 1,474 (599)

399

(92) 366 (41)

Actuarial gains and losses and asset ceiling

(1,106)

(2)

Currency translation adjustments

558

Changes in Group structure and reclassifications

4

(1)

3

TOTAL CHANGES

894

(1,110) (9,246)

(2)

(218) 3,422

AT DECEMBER 31, 2016 Changes during the year Service cost

12,664

4

210 324

210

Interest cost/return on plan assets as per calculations Employee contributions and plan administration costs

(247)

77 (1)

(1)

Past service cost

(89) (67)

(89) (19)

Plan curtailments/settlements

48

Pension contributions

(306)

(306)

Benefit payments

(626)

530

(96)

Actuarial gains and losses and asset ceiling

109

(573)

(1)

(465) (110)

Currency translation adjustments

(674)

564 (43) (28)

Changes in Group structure and reclassifications

46

3

TOTAL CHANGES

(767)

(1)

(796) 2,626

AT DECEMBER 31, 2017

11,897

(9,274)

3

In the United States, plan amendments led to a reduction of around USD 100 million (€88 million) in pension obligations, recognized within “Past service cost”.

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