AXWAY_REGISTRATION_DOCUMENT_2017

AXWAY GROUP AND ITS BUSINESS ACTIVITIES

CORPORATE RESPONSIBILITY

CORPORATE GOVERNANCE

CONSOLIDATED FINANCIAL STATEMENTS

2017 ANNUAL FINANCIAL STATEMENTS

CAPITAL AND AXWAY SOFTWARE STOCK

INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES

COMBINED GENERAL MEETING OFb6bJUNEb2018

Parent company financial statements, consolidated financial statements andbappropriation of earnings

3.7 Parent company financial statements, consolidated financial statements andǾappropriation of earnings

At the next General Shareholders’ Meeting convened to approve the annual and consolidated financial statements for the fiscal year ended 31ǾDecember 2017, the shareholders will be asked to: ● approve the annual financial statements for the year ended 31ǾDecember 2017 showing a profit of €16,983,375.86; ● approve the non-tax deductible expenses referenced to in ArticleǾ39-4 of the French General Tax Code, amounting to €68,460 it being specified that no tax was paid on these expenses; ● approve the consolidated financial statements for the fiscal year ended 31ǾDecember 2017, showing consolidated net income – Group share of €4,404,243.

The shareholders will also be asked to approve the appropriation of earning as follows:

● net profit to be appropriated for the year: ● profit for the period: €16,983,375.86,

● retained earnings: (-)€59,786.00,

● a total of: €16,923,589.86; ● appropriation of earnings: ● legal reserve: €37,838.40, ● dividends: €4,242,046.20,

● discretionary reserves: €12,643,705.26,

● total: €16,923,589.86.

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AXWAY - 2017 REGISTRATION DOCUMENT