AFD - 2019 Universal registration document

STATEMENT OF NON-FINANCIAL PERFORMANCE 2

Background The Agence Française de Développement (AFD) group finances and supports transitions in all the territories where it operates to create a fairer and more sustainable world. It implements the priorities defined by the government in the field of development policy, in accordance with France’s international commitments, within the reference framework determined by the United Nations with the Sustainable Development Goals (SDG) and by the Paris Climate Agreement. The last three years have seen a substantial increase in the resources devoted to development policy: in 2019, for the first time ever the Group’s level of commitment approvals exceeded €14 Ǿ billion. 2019 was also marked by the provision of €1.8 Ǿ billion in grants, i.e. an additional one billion of commitment approvals in grants (1) compared to the previous year. The AFD Group is taking ever stronger action to create a “world in common”. The ambition of the corporate social responsibility policy (CSR) revised and specified for the 2018-2022 (2) period, is to support the Group in its implementation of the 2030 Sustainable Development Agenda (3) , through both its internal functioning and its operations. The AFD Group’s CSR policy is declined in six commitments: 1) integration of sustainable development in its operations; 2) governance and ownership of societal responsibility; 5) socially responsible and fair personnel management; 6) control of the direct social and environmental footprint. The CSR policy covers all challenges relevant to the Group in a consistent manner, whether such challenges are external or internal. As such, it endeavours to drive AFD Group’s excellence, consistency between its duties and the quality of its work, and cohesion within its teams. The alignment between our missions, our societal responsibility policy and the continued excellence of our non-financial performance was acknowledged in 2019 through the Vigeo-Eiris rating. The overall ESG score obtained in this assessment is 74/100, corresponding to advanced performance, and making the AFD the institution with the highest score in its sector and in the Vigeo-Eiris (4) sphere. 3) transparency and dialogue with stakeholders; 4) professional ethics and financial exemplarity;

Presentation of the Statement of Non- Financial Performance approach Following the transposition of European Directive 2014/95/EU (5) pertaining to the disclosure of non-financial information, the “Grenelle 2” Act has been replaced, for financial years starting from 1 Ǿ September Ǿ 2017, by legislation requiring a Statement of Non-Financial Performance. The goal is to replace the previously exhaustive requirements of Article Ǿ 225 of Grenelle 2 (detailed list of pre-established and identical CSR Ǿ Information, regardless of the entity in question) with a more proactive and tailored approach. This statement provides information on the manner in which the Group monitors the social and environmental consequences of its activity and – for listed or related entities, including AFD – the effects of this activity on human rights and the fight against corruption and tax avoidance. As such, it details: P the business model; P the main risks related to the company’s activity, including, when relevant and proportionate, risks created by its business relations, products and services; P the policies and action plans implemented to control these risks; P the results, including key performance indicators. As an entity whose securities are permitted in negotiations on a regulated market, the AFD is required to produce this new statement, as from financial year 2018. The chosenmethodology is set out in the methodology note (section Ǿ 9 of the Statement of Non-Financial Performance), whereas the actual statement is included below.

(1) In accordance with the decision of the meeting of CICID (Committee for International Cooperation and Development) on 8 February 2018, which also sets the five following thematic priorities: international stability, education, climate, gender equality and health. (2) Adopted by the AFD Board of Directors in March 2018. It is available on the AFD site: https://www.afd.fr/sites/afd/files/2018-08-04-21-40/afd-group- corporate-social-responsibility-policy-2018-2022.pdf. (3) Adopted on 25 September 2015 by Heads of State and Government gathered at a special Sustainable development summit, the 2030 Agenda sets 17 Sustainable Development Goals (SDGs) rolled out as 169 targets to meet the challenges of globalisation by focusing on the 3 components of sustainable development: the environment, social aspects and the economy. (4) Non-financial rating not demanded during the Vigeo-Eiris September Ǿ 2019 assessment cycle within the “Specific Purpose Banks and Agencies – Europe” sector, during which AFD emerges as the institution with the best rating in the sector, the region and the Vigeo-Eiris sphere. (5) Order No 2017-1180 of 19 July 2017 regarding the disclosure of non-financial information by some major companies and some groups of companies, and Decree No 2017-1265 of 9 August 2017 implementing Order No 2017-1180 of 19 July 2017 regarding the disclosure of non- financial information by some major companies and some groups of companies.

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UNIVERSAL REGISTRATION DOCUMENT 2019

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