AFD - Universal Registration Document 2020

STATEMENT OF NON-FINANCIAL PERFORMANCE 2

Background The Agence Française de Développement (AFD) group finances and supports transitions in all the regions where it works for a fairer and more sustainable world. It implements the priorities defined by the government in the field of development policy, in accordance with France’s international commitments, within the reference framework set by the 2030 Agenda (1) and by the Paris Climate Agreement. In 2020, AFD Group’s activity took place in the unprecedented context caused by the pandemic of the 2019 coronavirus disease (Covid-19). In the face of the health crisis and its economic and social consequences, the AFD Group fully mobilised to respond in a comprehensive and coordinated manner to the immediate and longer-term needs of its partners in the countries where it operates. In particular, through the “Health in Common” and “Covid response” programmes, the AFD Group granted €2.8bn in 2020, more than half of which has already been disbursed. It is a response of solidarity that was provided by all Group entities, in the form of financing, acceleration of project and programme disbursement procedures, counter-cyclical interventions and technical assistance. Proparco has worked hard to support the private sector in its countries of operation, contributing to “Health Ǿ in Common” but also through the “Choose Africa Resilience” initiative adoptedat the endof 2020. Expertise France, which will join the Group in 2021, was closely involved and has rolled out dedicated expertise platforms. This mobilisation was all the more exceptional as the Group had to adapt its operating methods in order to continue its activities, while ensuring the health and safety of its staff. While all international exchanges were interrupted, the local presence of the AFD Group through its network was decisive in its ability to work with its customers and partners, both to respond to the crisis and to continue the implementation of committed projects. A policy of maximum protection of the Group’s employees prevailed. Teleworking was introduced for almost all staff at the head office as of 16 Ǿ March 2020, only keeping on-site the essential functions provided for in the business continuity plan. In the network, AFD took the necessary measures to ensure the health security of the teams as soon as the pandemic had spread in China and coordinated its action with diplomats, while simultaneously maintaining centralised exchanges on crisis management with the Ministry for Europe and Foreign Affairs. In addition, these disrupted working conditions required increased vigilance with regard to psycho-social risks and transformed the way in which all employees are supported. They also made

it possible to test new ways of working and accelerate certain projects undertaken, such as the digitisation of the training offer. The Group has been able to meet the challenges of 2020 by staying the course of its mandate and its strategic commitments. Activity for the year 2020 was stabilised, at €12.075bn in commitments for the Group, after four years of upward trajectory. 2020 remained a year of sustained intervention in priority countries, while more than 50% of the activity undertaken has climate co-benefits, i.e. more than €5bn for the climate, including more than €2bn for adaptation and nearly €520M for biodiversity, at the same time 67% of projects have a co-benefit for gender equality. 2020 also enabled the AFD Group to demonstrate a new capacity for conviction and mobilisation with the organisation of the first World Summit of Public Development Banks in Paris in November. This event brought together all the public development banks for the first time and laid the foundations for a new global coalition on Finance in Common , essential for the implementation of the Sustainable Development Goals’ 2030 Agenda and the Paris Agreement. The AFD Group’s actions are supported by the CSR policy (2018- 2022), both in terms of internal functioning and of operations, based on its six major commitments (2) . As such, it endeavours to drive the Group’s excellence, consistency between its duties and the quality of its work, and cohesion within its teams. The alignment between the Group’s missions, its societal responsibility policy and the continued excellence of its non- financial performance was acknowledged in 2019 through the Vigeo-Eiris rating. The overall ESG score obtained during this assessment was 74/100, corresponding to an advanced performance and making AFD one of the best rated institutions in its sector (3) . This good performance was confirmed during the simplified review procedure carried out in 2020 by Vigeo-Eiris. Presentation of the Statement of Non-Financial Performance approach Following the transposition of European Directive 2014/95/EU (4) pertaining to the disclosure of non-financial information, the “Grenelle 2” Act has been replaced, for financial yearsstarting from 1 Ǿ September 2017, by legislation requiring a Statement of Non-Financial Performance. The goal is to replace the previously exhaustive requirements of Article Ǿ 225 of Grenelle 2 (detailed list of pre-established and identical CSR Ǿ Information, regardless of the entity in question) with a more proactive and tailored approach.

(1) Adopted on 25 Ǿ September 2015 by the Heads of State and Government at the Special Summit of the United Nations on sustainable development, the Ǿ 2030 Agenda sets 17 Sustainable Development Goals (SDGs) broken down into 169 targets to meet the challenges of globalisation based on the Ǿ three components - environmental, social and economic - of sustainable development. (2) The CSR policy is broken down into six commitments: 1 - Integration of sustainable development in its operations; 2 -Governance and ownership of societal responsibility; 3 - Transparency and dialogue with stakeholders; 4 - Professional ethics and financial exemplarity; 5 - Socially responsible and fair personnel management; 6 - Control of the direct social and environmental footprint. (3) Non-financial rating not demanded during the Vigeo-Eiris September Ǿ 2019 assessment cycle within the “Specific Purpose Banks and Agencies – Europe” sector, during which AFD emerges as the institution with the best rating in the sector, the region and the Vigeo-Eiris sphere. (4) Order No 2017-1180 of 19 Ǿ July 2017 regarding the disclosure of non-financial information by some major companies and some groups of companies, and Decree No 2017-1265 of 9 Ǿ August 2017 implementing Order No 2017-1180 of 19 Ǿ July 2017 regarding the disclosure of non-financial information by some major companies and some groups of companies.

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2020 UNIVERSAL REGISTRATION DOCUMENT