Cap Gemini - Registration Document 2016

4

FINANCIAL INFORMATION

4.2 Consolidated financial statements

Main actuarial assumptions a)

rate, salary inflation rate and inflation rate

At December 31, 2015

At December 31, 2016

in %

Discount rate

4.0 2.8 2.0

3.9 2.8 2.0

Salary inflation rate

Inflation rate

In 2016, 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)

2015

2016

in millions of euros

Shares

268 170

60% 38%

280 199

58% 41%

Bonds and hedging assets

Other

10

2%

5

1%

TOTAL

448

100%

484

100%

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

Sensitivity analysis c)

December 31, 2016 Impact on the obligation at Increase

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

(57)

65

44 (2)

(40)

2

Future contributions d)

pension plan deficits defined as part of the regular actuarial valuations. Contributions to the Canadian defined benefit pension funds in respect of 2017 are estimated at €18 million, including the funding of

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Registration Document 2016 — Capgemini