AFD // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 6 Notes to the consolidated financial statements

ETRG employees healthcare expenses

Retiree health insurance

as a% of change

Retirement lump sum

as a% of change

Service award

as a% of change

In millions of euros

Present value of the commitment at 31/12/2021 P Discount rate: 1.20% P Annual increase in salary: 2.00% AFD and 2.20% TOM P Retirement age: 63 (non-executive level employees)/65 (executive level employees) 17.1 Sensitivity to the discount rate assumption Rate change to 1.70%

120.1

20.5

1.4

14.8 -13.5% 106.1 -11.6% 19.3 -6.3%

1.4 -4.1%

Rate change to 0.70%

19.9 16.4% 136.9 14.0% 22.0

7.0%

1.5

4.4%

Sensitivity to the career profile assumption Rate change to 2.50% AFD and 2.70% TOM

19.9 16.2% 120.1

0.0% 22.0

7.1%

1.4

0.0%

Rate change to 1.5% AFD and 1.70% TOM

14.8 -13.4% 120.1

0.0% 19.2 -6.5%

1.4

0.0%

Sensitivity to the retirement age assumption Increase of one year: 64 (non-executive level employees)/66 (executive level employees)

16.4 -4.4% 116.0 -3.4% 20.0 -2.8%

1.4

0.0%

Decrease of one year: 62 (non-executive level employees)/64 (executive level employees)

17.9

4.6% 124.5

3.7% 21.2

3.0%

1.4

0.0%

Projected commitments at 31 ɸ December 2021 are as follows:

Actuarial debt at 31/12/2021 Cost of services rendered in 2022

17,116

15,312 120,103

20,548 173,078

1,430 174,508

640 213

71

7,807 1,535

1,999

10,516

196

10,712

Financial cost in 2022

-

257

2,005

18

2,024

Services payable in 2021/transfer of capital upon departures in 2022 Restatements and transfers Estimated debt at 31/12/2022

-110

-5,395

-2,087

-1,319

-8,911

-126

-9,038

-12

-286

-81

-379

-5

-384

17,858

9,975 127,071

21,405 176,309

1,513 177,822

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2021 UNIVERSAL REGISTRATION DOCUMENT