AFD - Universal Registration Document 2020

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS 6 Statutory auditors’ special report on related-party agreements

6.4 Statutory auditors’ special report on related-party agreements Board of Directors for the approval of the financial statements for the year ended 31 December 2020 To the members of the Board of Directors of Agence Française de Développement, In our capacity as Statutory Auditors of Agence Française de Développement, we hereby present our report on your regulated agreements. It is our responsibility to report to members of the Board of Directors, based on the information provided to us, on the main terms and conditions of the agreements that have been disclosed to us or that we may have identified as part of our engagement, as well as the reasons given as to why they are beneficial for the Company, without commenting on their relevance or substance or identifying any undisclosed agreements. It is the responsibility of the members of the Board of Directors, under the provisions of article R.225-31 of the French Commercial Code ( Code de commerce ), to evaluate the benefits arising from these agreements prior to their approval. Where applicable, it is also our responsibility to provide you with the information required by article R.225-31 of the French Commercial Code relating to the execution, during the year elapsed, of agreements already approved by the Board of Directors. We performed the procedures we considered necessary in accordance with the professional guidance issued by the national institute of auditors (Compagnie Nationale des Commissaires aux Comptes) relating to this engagement. These procedures consisted in verifying that the information provided to us is consistent with the basic documentation from which it was taken. Agreements to be submitted for the approval of the board of directors AGREEMENTS AUTHORISED AND ENTERED INTO DURING THE YEAR We hereby inform you that we have not been notified of any agreements authorised and entered into during the year to be submitted to the Board of Directors for approval in accordance with Article L. 225-38 of the French Commercial Code. Agreements already approved by the board of directors AGREEMENTS APPROVED IN PRIOR YEARS THATWERE IMPLEMENTED DURING THE YEAR Pursuant to Article R. 225-30 of the French Commercial Code, we were informed of the following agreements, approved by the Annual General Meeting in prior years, which were implemented during the year. With comité national de solidarité laïque (CNSL) Agreement between AGENCE FRANÇAISE DE DEVELOPPEMENT and the CNSL for the fi nancing of a project to improve the quality of primary schools in Sri Lanka On 11 April 2018, the AFD Board of Directors approved the signature of a regulated agreement with the Comité National de Solidarité Laïque (CNSL) for the financing of a project to improve the quality of education at primary schools in Sri Lanka and promote exchange and coordination between state and non-state players. To this end, AFD provided the CNSL with a grant of €375,000. The agreement between stakeholders was signed on 21 December 2018. As at 31 December 2020, AFD had paid €167,000. Agreement between AGENCE FRANÇAISE DE DÉVELOPPEMENT and the CNSL for the fi nancing of a project entitled Coalition Education Phase 2 – Les OSC (Organisations de sociétés civiles) françaises engagées pour l’éducation dans le monde (French civil society organisations committed to education worldwide) On 30 January 2018, the AFD Board of Directors approved the signing of a regulated agreement with the Comité National de Solidarité Laïque. Phase 2 of the project aims to further develop an initiative launched in 2015 to construct a platform of French Civil Society Organisations (OSCs) committed to education worldwide. The maximum grant amount is €272,000. At 31 December 2020, AFD had paid €101,000. With Société de Gestion des Fonds de Garanties d’Outre-Mer (SOGEFOM) Service agreement On 15 March 2004, AFD and SOGEFOM signed a service agreement effective retroactively to 28 August 2003. Under this agreement, AFD provides management, representation and technical support services to SOGEFOM. AFD was paid a fee of €2,002,000 under this agreement in 2020.

174

www.afd.fr

2020 UNIVERSAL REGISTRATION DOCUMENT