AXWAY_REGISTRATION_DOCUMENT_2017

AXWAY GROUP AND ITS BUSINESS ACTIVITIES Subsidiaries and associated entities

CORPORATE RESPONSIBILITY

CORPORATE GOVERNANCE

CONSOLIDATED FINANCIAL STATEMENTS

2017 ANNUAL FINANCIAL STATEMENTS

CAPITAL AND AXWAY SOFTWARE STOCK

INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES

COMBINED GENERAL MEETING OFb6bJUNEb2018

4.7.2 List of subsidiaries and associated entities

Carrying amount ofbsecuritiesbheld

Loans and advances

Dividends received by the Company during the fiscal year

Equity other than the share capital

granted by the Company and not yet repaid

Latest fiscal year revenue excluding taxes

Latest fiscal year profit or loss

Share Capital

Capital held (%)

Gross

Net

Amounts in euros

Axway Software (France) Axway UK Ltd (UnitedbKingdom)

119,717 104,258 99.998% 148,270

148,270

17,742,274 1,367,005 1,781,687

Axway GmbH (Germany) 425,000 12,885,034 100% 23,038,194 23,038,194

27,129,726 4,898,996 4,687,822 (18,011)

Axway Srl (Italy)

98,040 599,270 100% 98,127

98,127

150,000

Axway Software Iberia (Spain) Axway Nordic (Sweden)

1,000,000 226,322 100% 1,000,000 1,000,000

4,979,956 387,688 150,000

11,221 505,395 100% 20,706,080

848,061

3,873,742 182,791

Axway Inc. (UnitedbStates)

2 148,003,933 100% 120,266,278 120,266,278 71,134,740 150,979,451 (6,129,611)

Axway B.V. (Netherlands) 18,200

31,536 100% 200,000

200,000

6,449,259 469,515

Axway Belgium (Belgium)

1,000,000 135,034 99.9% 999,000

999,000

10,823,956 942,873 214,785

Axway Romania Srl (Romania) AxwaybSAS (France)

12,141 2,082,494 100% 1,972,250 1,972,250 650,000 12,530,732 661,922

45,000 (15,799)

100% 45,000

-

-

(1,025)

Axway Pte Ltd (Singapore)

118,914 516,956 100% 9,949 246,787 100%

1 1 1

1

7,013,567 114,448 264,628

Axway Ltd (Hong Kong) Axway Pty (Australia) Axway Software China (China) Axway Bulgaria EOOD (Bulgaria) Axway Distribution France (France) Axway Ltd (Ireland) Axway Software DobBrasil (Brazil) Systar Ltd (UnitedbKingdom) Axway Inc. (UnitedbStates) Appcelerator Inc. (UnitedbStates) Appcelerator Inc. (United States) Appcelerator GmbH Appcelerator China (China) Syncplicity LLC (UnitedbStates) Syncplicity LLC (UnitedbStates) Syncplicity International Limited (Ireland)

1 371,160 1,374,345 65,465 137,399

78,598

9,564 100%

1

8,294,680 79,325 139,233

1,392,228 (1,109,825)

100%

1

1

2,000,294 112,641

2,556 1,004,584 100% 979,844

979,844

10,380,249 741,982 715,809

33,000 (10,716)

100% 34,800

-

6,500

-

(1,069)

141,815 25,566,318 100% 42,841,900 42,841,900

14,782,483 3,714,485 4,040,000

3,247 (3,124,916) 99.99% 3,255

- 1,561,352 5,230,790 (848,323)

0

3,650 100%

-

-

(3,650)

0 2,866,315 100% 42,453,508 42,453,508

3,215,216 (2,866,315)

0 (7,823,856)

100%

759,373 15,293,434 (5,894,153)

0

207 100%

-

(207)

78,277

28,326 100%

-

10,290

834

10,000 188,348 100%

38,412

73,674 24,994

170

AXWAY - 2017 REGISTRATION DOCUMENT

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