AFD // 2021 Universal Registration Document

CORPORATE GOVERNANCE Report on corporate governance

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 ❙ Regulated agreements in 2021 Additional information Agreements and commitments approved in previous financial years which continued to be performed WITH SOGEFOM Service agreement entered into between AFD and Sogefom Remuneration for AFD in 2021: €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 ɸ December 2021, Soderag’s debt to AFD (under agreements signed between 97 ɸ and 2005): €106,346K (excluding interest) WITH THE THREE DEPARTMENTAL CREDIT COMPANIES (SDCS) Name of the convention

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P Loans outstanding at 31 ɸ December 2021: SODEMA: €9,300K SODEGA: €12,567K SOFIDEG: €534K P Remuneration received by AFD in 2021

Agreements relating to the refinancing and guaranteeing of the customer loan portfolios taken over from Soderag by the three SDCs

SODEMA: €21K SODEGA: €27K SOFIDEG: €0K P The credit risk supported by AFD is covered by a provision of €19,528K at 31/12/2021, i.e. a net reversal of €326K

WITH FERDI-FONDDRI AFD/FERDI loan agreement

At 31 ɸ December 2021, the outstanding loans granted by AFD stood at €25M

FONDDRI loan agreement WITH PROPARCO Framework agreement for the management of private sector financing activities

Agreement signed on 16/07/2021. Impact in 2021: €7,345K

Sub-investment cofunding framework agreement

Agreement signed on 25/01/2021 for entry into force on 09/10/2020. Impact in 2021: €7,608K Agreement signed on 05/07/2021 for entry into force on 15/07/2021. It should be noted that the Management Agreement on AFD’s participation in the African Agriculture Fund of 18 ɸ December 2014, which was previously mentioned in the list of regulated agreements, has now been included in this new agreement since its entry into force No impact in 2021 €40K in commissions paid for 2021 (agreement terminated on 15/07/2021)

Service agreement between AFD and Proparco for the administrative and financial monitoring of certain investments

Agreement to manage AFD’s contribution to the African Agriculture Fund of 18 ɸ December 2014 AFD/Proparco service agreement modified by an amendment signed on 1 ɸ August 2019 Mandate agreement relating to the “transforming financial systems for the climate” (TFSC) programme

Remuneration for AFD in 2021: €61,530K

Impact in 2021: €886K

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2021 UNIVERSAL REGISTRATION DOCUMENT