AFD_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS 6 Statutory auditors’ special report on regulated agreements and commitments

6.4 STATUTORY AUDITORS’ SPECIAL REPORT ON REGULATED AGREEMENTS AND COMMITMENTS This is a free English translation of the Statutory Auditors’ report issued in French and is provided solely for the convenience of English- speaking readers. This report should be read in conjunction with, and construed in accordance with, French law and professional standards applicable in France. Board of Directors meeting to approve the financial statements for the year ended 31 December 2017 To the members of the Board of Directors of Agence Française de Développement, In our capacity as statutory auditors of Agence Française de Développement, we hereby present our report on your regulated agreements and commitments. On the basis of the information provided to us, we are required to inform you of the principal terms and conditions, as well as the reasons providing evidence of the benefit to the company, of the agreements and commitments of which we have been informed or that we discovered during our assignment. It is not our role to determine whether they are beneficial or appropriate or to look for the existence of other agreements and commitments. It is your responsibility, under the terms of Article R. 225-31 of the French Commercial Code, to evaluate the benefits arising from these agreements prior to their approval. Where applicable, we are also responsible for presenting you with the information provided for in Article R. 225-31 of the French Commercial Code relating to the execution, during the year elapsed, of the agreements and commitments already approved by the Board of Directors. We performed the procedures we considered necessary in accordance with the professional guidance issued by the national institute of auditors (Compagnie Nationale des Commissaires aux Comptes) relating to this engagement. These procedures consisted in verifying that the information provided to us is consistent with the basic documentation from which it was taken. AGREEMENTS AND COMMITMENTS SUBMITTED TO THE BOARD OF DIRECTORS FOR ITS APPROVAL Agreements and commitments approved and entered into during the previous financial year Pursuant to Article L. 225-40 of the French Commercial Code applicable to your institution in accordance with Article L. 511-39 of the French Monetary and Financial Code, we have been advised of the following agreements and commitments entered into during the previous financial year that were subject to the prior authorisation of your Board of Directors. WITH THE COORDINATION SUD NON-PROFIT GROUP Agreement between AGENCE FRANÇAISE DE DEVELOPPEMENT and COORDINATION SUD for the financing of the three-year COORDINATION SUD programme of activities 2017/2019 On 23 February 2017, the AFD Board of Directors approved the signing of a regulated agreement with COORDINATION SUD for the financing of the three-year COORDINATION SUD programme of activities 2017/2019. With that funding, COORDINATION SUD hopes to continue to strengthen its contribution to public policies regarding humanitarian issues, sustainable development and international solidarity by bringing together, strengthening and enhancing French CSOs as key players in international solidarity. AFD provided the beneficiary with a grant of €2,943,314, or 60% of the total estimated budget for the programme. The first tranche will be for the 2017 financial year and the second for 2018 and 2019. At 31 December 2017, AFD had paid €713,000. WITH THE COMITÉ NATIONAL DE SOLIDARITÉ LAÏQUE (CNSL) (NATIONAL SECULAR SOLIDARITY COMMITTEE) Agreement between AGENCE FRANÇAISE DE DEVELOPPEMENT and the CNSL for the financing of a project to support citizen participation in post-peace agreement Colombia On 13 July 2017, the AFD Board of Directors approved the signature of a regulated agreement with the Comité National de Solidarité Laïque for the financing of a project to support citizen participation in post-peace agreement Colombia. AFD provided the beneficiary with a grant of €349,706, or 50% of project costs. The project will last for 30 months, from 1 September 2017 to 29 February 2020. This project was previously presented to the NGO Committee on 13 June 2017. At 31 December 2017, AFD had paid €201,000.

130

REGISTRATION DOCUMENT 2017

www.afd.fr