Areva - Reference Document 2016

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ADDITIONAL INFORMATION

21.1 Share capital

21.1.2. SHARES NOT REPRESENTATIVE OF CAPITAL

None.

21.1.3. TREASURY SHARES

At December 31, 2016, AREVA held 970,516 of its own shares (740,490 shares in treasury and 230,026 shares under a liquidity contract).

21.1.4. LIQUIDITY CONTRACT

Since 2013, at AREVA’s request, Natixis has managed the liquidity contract for AREVA shares (Paris – ISIN FR0011027143) admitted for trading on NYSE Euronext Paris, in accordance with the Ethics Charter adopted by the French association of financial markets (AMAFI, Association française des marchés financiers) on

March 8, 2011 and approved by the French market authority (AMF, Autorité des marchés financiers) on March 21, 2011. Three million euros were allocated to the implementation of this liquidity contract, which covers a period of 12 months, renewable by tacit agreement.

21.1.5. CONVERTIBLE SECURITIES AND WARRANTS

None.

21.1.6. INFORMATION ON THE TERMS GOVERNING ANY ACQUISITION RIGHT AND/ OR ANY OBLIGATIONS ATTACHED TO CAPITAL SUBSCRIBED BUT NOT PAID, OR ANY COMPANY AIMING TO INCREASE CAPITAL

None.

21.1.7. INFORMATION ON THE CAPITAL OF ANY MEMBER OF THE GROUP WHICH IS UNDER OPTION OR SUBJECT TO A FIRM OR CONTINGENT AGREEMENT CONTEMPLATING AN OPTION

its commitment regarding the preemptive right. The exercise price for the purchase option shall be calculated based on the average weighted closing price of AREVA shares during the 90 trading days preceding the date of exercise of the option.

In connection with the Shareholders’ Agreement between the French State, the Commissariat à l’énergie atomique et aux énergies alternatives (CEA) and the Kuwait Investment Authority (KIA) (1) for a term of 10 years as from December 28, 2010, the French State has an option to purchase the shares in the event that KIA violates

(1) Kuwait Investment Authority is an autonomous government institution in charge of the management and administration of the general reserve fund and the fund’s assets for future generations of Kuwaitis, and of any other funds conveyed by the Ministry of Finance of Kuwait in the name and for the account of the State of Kuwait. Created in 1953 and with 592 billion dollars of assets under management as of June 2016, it was the sixth largest fund in the world in terms of managed assets at year-end 2016, according to the Sovereign Wealth Fund Institute.

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2016 AREVA REFERENCE DOCUMENT