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

Group organization

Functional structures Functional Divisions (Corporate Secretariat, Finance, Logistics, Human Resources Management, Communication, IT Resources, Internal Information Systems, Legal Affairs) and the Operations Department are centralized for the entire Group. They contribute to overall Group cohesiveness, transmit and ensure commitment to the Group’s core values, serve the operational entities and report directly to Executive Management. The functional capacity of international subsidiaries is strictly limited to the local business environment.

Functional structures standardize and propose management rules (IT resources, IT systems, financial reporting,Ǿetc.), support and render services on behalf of operational units and monitor the application of strategies and rules. In this manner, they contribute to overall supervision and enable the operational entities to focus on business. Their direct accountability to Executive Management ensures that the entire Group functions smoothly.

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1.8.2 Temporary structures: businesses and projects The Group’s organization must retain flexibility in order to adapt to changes in its markets and ensure the successful completion of projects. Projects are handled by temporary teams and are supervised:

● under the coordination of a Key Client Account Manager. Each matter must be organized and operate based on a fundamental objective: client service, economic success, and contribution to the general growth of the Group. The main development programs for the various product lines use resources and expertise from different Development Centers, under the responsibility of a Program Manager.

● within a national sales unit;Ǿor

● under the responsibility of a management subsidiary, acting in concert with other entities (another sales entity for local commercial support, or another department, for example, for expert product assistance);Ǿor

As a software company, the Axway Group’s business relies on the experience and synergies of its teams, operating inb20 countries, to serve its international customers. Shared values – team spirit, integrity, passion for the customer experience, expertise and excellence, accountability and communication – contribute to sustainability and corporate responsibility for the long-term growth of the Company and its employees. As part of its CSR policy, Axway Group has implemented internal monitoring tools to track environmental, corporate and social data; these tools will continue to evolve with the approach.

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AXWAY - 2017 REGISTRATION DOCUMENT