AFD - 2019 Universal registration document

CORPORATE GOVERNANCE 3 Report on corporate governance

3.1.6.6 Presentation of the draft resolutions relating to the principles and criteria for determining, allocating and distributing the fixed, variable and exceptional items comprising the total compensation and benefits of all kinds attributable to the Chairman, Chief Executive Officers, Deputy Chief Executive Officers, because of their mandate (Article L.225-37-2 of the French Commercial Code). Not applicable as the executive officers do not receive variable compensation.

3.1.6.7 Agreements entered into, directly or by proxy, between, firstly, a corporate officer or a shareholder holding over 10% of a company’s voting rights and, secondly, another company in which the former owns, directly or indirectly, more than half of the capital, with the exception of agreements relating to current transactions and entered into under normal conditions

Corporate governance Additional information Name of the convention Further information Agreements and commitments approved in previous years which continued to be performed WITH SOGEFOM Service agreement entered into between AFD and Sogefom Fee paid to AFD in 2019: €2 002K WITH SODERAG Cessation of interest on advances to current accounts n/a Provision of non-interest bearing shareholder advances to Soderag At 31 Ǿ December Ǿ 2018, Soderag’s debt to AFD (under agreements signed between 1997 and 2005): €106,346K (excluding interest)

WITH THE THREE DEPARTMENTAL CREDIT COMPANIES (SDCS) Agreements relating to the refinancing and guaranteeing of the customer loan portfolios taken over from Soderag by the three SDCs

P Outstanding loans at 31 Ǿ December Ǿ 2019: SODEMA: €9 641K SODEGA: €13 108K SOFIDEG: €535K P Fee paid to AFD in 2019

SODEMA: €59K SODEGA: €160K SOFIDEG: €30K

P The credit risk borne by AFD was covered by a provision of €20 Ǿ 111K at 31 Ǿ December Ǿ 2018, i.e. a net reversal of €658K

WITH FERDI-FONDDRI AFD/FERDI loan agreement

At 31 Ǿ December Ǿ 2019, the outstanding loans granted by AFD stood at €25M FONDDRI loan agreement WITH PROPARCO Co-financing framework agreement between Proparco and AFD Declared by Proparco in regulated agreements No impact in 2019 Agreement to manage AFD’s contribution to the African Agriculture Fund of 18 Ǿ December Ǿ 2014 Declared by Proparco in regulated agreements No impact in 2019 AFD/Proparco Service Agreement Declared by Proparco in regulated agreements Remuneration for AFD in 2019: €54,032 Ǿ thousand WITH THE EIB Agreement for the deployment of “Junker Plan 1” in French Overseas Departments WITH THE NGOS Coordination SUD - Financing of the FRIO facility (2016-2017 financial year) Maximum amount of €584, At 31 Ǿ December Ǿ 2019, payment of €584 Coordination SUD - Financing Agreement Grant of €65 Ǿ thousand / At 31 Ǿ December Ǿ 2019, payment of €65 Ǿ thousand

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UNIVERSAL REGISTRATION DOCUMENT 2019

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