ASSYSTEM_Registration_Document_2017

FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS

Share buyback offer During 2017, Assystem bought back six million of its own shares (with a par value of €1 each), at a purchase price of €37.50 per share, representing an aggregate €225 million. This corresponded to 27.00% of the total number of shares making up Assystem's capital and 28.35% of the Assystem shares outstanding (equal to the number of shares making up the capital less the number of shares held in treasury). All of the shares bought back under the offer, together with 550,000 shares already held in treasury, were cancelled on 21 December 2017 and the Company’s capital was therefore reduced to 15,668,216 shares with a par value of €1 each. The costs related to this transaction have been recognised as a deduction from equity in a net-of-tax amount of €1.0 million. Acquisition of a 5% interest in Framatome On 31 December 2017 Assystem purchased a 5% interest in Framatome from Areva NP for €123.7 million (excluding €0.6 million in transaction costs). Framatome – which is 75.5% owned by EDF, 19.5% by Mitsubishi

Heavy Industries Ltd and 5% by Assystem – is the Company to which Areva NP transferred its assets and activities related to (i) the design and supply of nuclear reactor equipment, (ii) the design and supply of fuel assemblies and (iii) services provided to a large worldwide installed base of nuclear reactors. The acquisition agreement contains earn-out clauses and Assystem has the possibility of capping its investment at €140 million by way of a mechanism enabling it to resell Framatome shares, at their cost price, to Framatome’s major shareholder, EDF. This investment has been recognised in the consolidated statement of financial position under “Other non-current financial assets”. External growth The Group carried out further external growth transactions in 2017, both in France and other European countries, strengthening its project management skills and its positions in the life sciences sector (see Note 3.2 – Business combinations).

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REGISTRATION DOCUMENT 2017