AFD // 2021 Universal Registration Document

STATEMENT OF NON-FINANCIAL PERFORMANCE 2 Ameaningful work environment

which brings the number of representative unions at AFD to five (Autonome FO, SNB CFE-CGC, CFDT, UNSA, CGT). A new collective agreement relating to the operation of the institutions’ SECs and the central SEC was also signed on 6 ɸ April 2021, and organises employee representation as follows: P a head office Social and Economic Committee and five local Social and Economic Committees for the French Overseas Departments collectively represent employees for all matters related to the company’s management, economic and financial development, organisation and working conditions, vocational training and social protection. Moreover, they organise social and cultural activities established within the company. The Social and Economic Committees also work to ensure the protection and safety of employees, to improve working conditions, and to gather and present to the company all individual and collective employee claims on the application of laws and by-laws; P a Central Social and Economic Committee holds four yearly ordinary session meetings that bring together representatives from the six committees and handles strategic, financial and economic initiatives that affect all employees governed by French law. It may also be required to handle matters related to health, safety and working conditions at the central level. Moreover, a Group committee meets annually, bringing together employee representatives of AFD and its subsidiaries. Created in 2017, the committee representing AFD employees in foreign countries (CREE) brings together personnel representatives working in AFD or Proparco agencies/offices abroad, whether employees governed by local law (permanent or temporary contract) or service providers (in countries where social legislation does not allow direct employment by the Agency). Its creation is consistent with AFD’s corporate social responsibility commitments. The first elections were held in February ɸ 2018, and the committee met for the first time in March ɸ 2018 at the AFD head office in Paris. As the terms of office of CREE representatives expired on 26 ɸ February 2021, elections were held on 14 ɸ April 2021. Given the health situation, these were conducted electronically. Another novelty of these elections was that the electoral scopes changed and the number of seats was adjusted accordingly. Thus, sixteen seats were to be filled, distributed within each of the sixteen Regional Directorates. All seats were filled in the elections. Discussions with the representative trade unions during 2021 mainly focused on the reform of the Staff Regulations, and then on the negotiation of a classification agreement, which was extended in 2022. It should be noted that this reform project is causing tensions with the trade unions. Thus, some organisations did not participate in the discussions on the future Regulations. Opposition to the reform resulted in two strikes, on 21 ɸ October and 2 ɸ December 2021. Subject to the information consultation procedures under way, and the approval of the Ministries, the new Staff Regulations, common to AFD’s head office and the five French overseas departments, should come into force on 1 ɸ January 2023.

Over the course of the epidemic waves in 2021, remote training made it possible to cover both operational needs and individual support, without disruption. It supported employees embarking on a professionalisation process or internal mobility. It served as a breadcrumb trail for newcomers in their remote discovery of AFD. It brought together very large audiences and opened up a space for expression and discussion other than team meetings. Thanks to the virtual classes, 427 ɸ local employees (1) were able to participate in training sessions organised by the Human Resources Department. As we observed in the spring of 2020, the remote methodology increased the accessibility of training for people far from the head office. The benefits derived from the digital transformation of training since March ɸ 2020 are therefore undeniable. However, they are not incompatible with the need to reintroduce face-to-face interactions, wherever possible. 2.8.3 Social dialogue and employee relations Social dialogue is a cornerstone of AFD Group’s policy and a driver of fairness, cohesion and commitment amongst employees. Accordingly, the Group has adopted various systems to deal with the risks inherent in employment practices, the lack of internal dialogue on social issues, and psychosocial risks. The AFD human resources policy prioritises on more inclusive social dialogue. The corporate social responsibility policy (2) adopted by the AFD Board of Directors in 2018 undertakes to strengthen the dialogue with all Group stakeholders, and to ensure harmonised management of human resources. Four key principles underpin social dialogue within the Group: a constructive dialogue between management and personnel representatives; compliance with each person’s rights; professionalism in negotiations; and the anticipation of social issues. Accordingly, major changes planned within the Group are subject to negotiations and dialogue with trade unions and to procedures for informing and/or consulting with personnel representative bodies. AFD does not have a branch collective agreement. Labour contracts for AFD employees under French law are governed by staff regulations unique to each institution. Employees recruited in foreign agencies have an employment contract governed by a staff regulation in the form of a collective agreement or internal regulations and are subject to compliance with the provisions of local law. Social and economic committees are in place at all the institutions that make up the AFD (head office and five overseas departments: Reunion, Mayotte, Guyana, Martinique and Guadeloupe), as well as centrally. The last professional elections were held in May ɸ 2021. In addition to the renewal of elected members in each Social and Economic Committee (SEC), these elections were marked by the emergence of a new representative union, the UNSA,

(1) Excluding mandatory training. In 2020, 237 local employees benefited from the training actions organised by the Human Resources Department. (2) https://www.afd.fr/en/ressources/afd-groups-corporate-social-responsibility-policy-2018-2022

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2021 UNIVERSAL REGISTRATION DOCUMENT