AXWAY_REGISTRATION_DOCUMENT_2017

2017 ANNUAL FINANCIAL STATEMENTS AXWAY GROUP AND ITS BUSINESS ACTIVITIES Issuance authorizations given to the Board ofbDirectors of Axway – delegations granted bybthe General Meetings CONSOLIDATED FINANCIAL STATEMENTS CORPORATE GOVERNANCE CORPORATE RESPONSIBILITY

CAPITAL AND AXWAY SOFTWARE STOCK

INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES

COMBINED GENERAL MEETING OFb6bJUNEb2018

6.5 Issuance authorizations given to the Board ofǾDirectors of Axway – delegations granted byǾthe General Meetings

The table below summarizes the currently valid delegations granted by the General Meeting in accordance with ArticleǾL.Ǿ225-35-4 paragraphǾ3 of the French Commercial Code.

I. Delegations of authority granted during the Combined General Meeting of 21bJune 2016

Authorization granted to the Board of Directors for purposes of buying the ordinary shares of the Company (9 th bresolution)

Date of General Meeting granting the powers

21bJune 2016

Duration of powers and expiry date

18 months

Expiry date

22bDecember 2017

10% of the total number of ordinary shares on the date of the buybacks, for an amount not exceeding €76,965,044 and, in any event, a theoretical maximum of 2,079,893bordinary shares

Scope of powers

Use made of these powers during the fiscal year (in euros)

€867,796.33

9.9% of the total number of ordinary shares on the date of the share buybacks, for an amount not exceeding €76,965,044 and, in any event, a theoretical maximum of 2,079,893bordinary shares

Remaining balance

This resolution is no longer applicable for the unused part under the 9 th resolution adopted by the Combined General Meeting of 6bJune 2017.

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AXWAY - 2017 REGISTRATION DOCUMENT

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