CAPGEMINI_REGISTRATION_DOCUMENT_2017

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FINANCIAL INFORMATION

4.2 Consolidated Financial Statements

Main actuarial assumptions a) Discount rate, salary inflation rate and inflation rate

At December{31, 2016

At December{31, 2017

in %

Discount rate

3.9 2.8 2.0

3.4 2.3 2.0

Salary inflation rate

Inflation rate

In{2017, the benchmark indexes used to calculate discount rates were similar to those used in previous years. Mortality tables used are those commonly used in Canada.

Plan assets b)

At December 31, 2016

At December 31, 2017

in{millions of euros

Shares

280 199

58% 41%

271 198

57% 41%

Bonds and hedging assets

Other

5

1%

10

2%

TOTAL

484

100%

479

100%

Shares correspond to investments in equities or diversified growth investments, the majority of which in developed markets. Bonds primarily comprise Canadian government bonds. A portion of these investments seeks to partially hedge interest rate risk on the plan liabilities; this matching portfolio consists of Canadian government bonds, owned directly or borrowed via sale and repurchase agreements.

Sensitivity analysis c)

Impact on the obligation at{December{31, 2017 Rate increase Rate decrease

in{millions of euros

Increase/decrease of 50{basis points in the discount rate Increase/decrease of 50{basis points in the inflation rate Increase/decrease of 50{basis points in the mortality rate

(66)

74

47

(42)

-

3

Future contributions d) Contributions to the Canadian defined benefit pension funds in respect of{2018 are estimated at €16{million, including the funding of pension plan deficits defined as part of the regular actuarial valuations.

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REGISTRATION DOCUMENT 2017 — CAPGEMINI