AFD - 2018 Registration document

STATEMENT OF NON-FINANCIAL PERFORMANCE

Report from one of the statutory auditors, as a designated independent third party, on the voluntary consolidated statement of non-financial performance included in the management report

NATURE AND SCOPE OFWORK Our work described below has been conducted in accordance with articles A. 225-1 et seq. of the French Commercial Code, which defines the procedures an independent third party must follow to carry out its work, and with the professional guidance of the French Institute of Statutory Auditors and ISAE 3000 - Assurance engagements other than audits or reviews of historical financial information. We undertook the work required to check the compliance of the voluntary Statement with legal and regulatory provisions and the accuracy of the Information: P we familiarised ourselves with the activity of all the entities in the consolidation scope, the statement of the main social and environmental risks related to this activity and, where appropriate, the effects of this activity on human rights and the fight against corruption and tax evasion, the resulting policies and the outcomes of these policies; P we ascertained whether the Standards are appropriate in terms of their relevance, completeness, reliability, neutrality and understandability, taking best practices for the sector into consideration when necessary; P we verified that the Statement covers all categories of information required by III of article L. 225-102-1 on social and environmental matters and also in respect of human rights and combatting corruption and tax evasion; P we verified that the Statement contains the reasons for omitting the information required by paragraph 2 of section III of article L. 225-102-1; P we verified that the Statement includes the business model and the main risks inherent in the activity of all the entities in the consolidation scope including, where relevant and proportional, the risks arising from its business relations, product or services, and the policies, actions and results, including key performance indicators; P we verified, where relevant in terms of the main risks and policies described, that the Statement contains the information required by II of article R. 225-105;

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P we assessed the procedure used to select and validate the main risks;

P we questioned the entity to ensure it had internal control and risk management procedures in place;

P we checked the coherence of the results and key performance indicators selected in respect of the main risks and policies described; P we verified that, in accordance with article L. 233-16, the Statement covered all entities in the consolidation scope with the restrictions specified therein;

P we assessed the collection process the entity used to ensure the information was exhaustive and sincere; P for what we considered to be the main key performance indicators and other quantitative results, we:

P applied analytical procedures to check that the data collected had been properly consolidated and all changes were coherent, P ran detailed tests, checking samples to ensure the correct application of the definitions and procedures and reconciling the data against the supporting documents. This work was carried out at the entity’s head office and related to all the consolidated key performance indicator data and the selected results of these tests; P we consulted the documentary sources and conducted interviews to corroborate the qualitative information (actions and results) we considered to be the most important; P we ascertained that Statement as a whole is in line with what we know about all the entities included in the consolidations scope. We believe that the work we carried out, based on our professional judgement, has allowed us to formulate an opinion with a moderate level of certainty. Greater certainty would require a broader audit.

(1) Social indicators: Total headcount and split by gender; Number of training sessions in the fight against money-laundering and the financing of terrorism (AML/CFT) via e-learning courses (modules 1 and 2). Environmental indicators: number and amounts of projects with climate co-benefits; Greenhouse gas emissions avoided or reduced. Societal indicators: Number of consultations with the ethics advisor; number of training courses provided by the ethics adviser; Percentage of sovereign financing published in the International aid transparency initiative (IATI) format; Number of complaints received by the AFD complaints management system ; Number and sum of AFD and Proparco projects subject to an assessment of the level of environmental and social risk. (2) Organisation of employee dialogue and collective agreements; Quality of life at work and employee safety policy; Anti-corruption and tax evasion policy; Procedures in support of human rights in the financing agreements; ADF’s environmental, social and societal impact management policy; Dialogue with stakeholders policy; Partnerships with civil society organisations.

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REGISTRATION DOCUMENT 2018