Derichebourg // 2020-2021 Universal Registration Document

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Board of Directors’ report on corporate governance The Board of Directors

Chairman abroad

AEP MULTISERVIZI SPA SAN GERMANO SRL

REI

Co-manager abroad

DERICHEBOURG UK ENVIRONMENT Ltd AEP MULTISERVIZI SPA CMT SPA DERICHEBOURG A&D DÉVELOPPEMENT

DERICHEBOURG UK Ltd DERICHEBOURG KENITRA DERICHEBOURG MAROC

Director abroad

DERICHEBOURG MARRAKECH DERICHEBOURG MAZAGAN DERICHEBOURG RABAT DERICHEBOURG SIDI BENNOUR DERICHEBOURG SIDI ALLAL EL BAHRAOUI REI SAN GERMANO SRL

DERICHEBOURG AQUA MAROC DERICHEBOURG CASABLANCA DERICHEBOURG IFRANE DERICHBEOURG IMINTANOUT DERICHEBOURG INTÉRIM FORMATION ÉVOLUTION MAROC DERICHEBOURG MEDIO AMBIENTE BAS LONGS PRÉS (DERICHEBOURG ENVIRONNEMENT) CPI (DERICHEBOURG ENVIRONNEMENT)

Permanent representative abroad

DERICHEBOURG RETAIL BELGIUM (DERICHEBOURG ENVIRONNEMENT)

Mrs. Françoise Mahiou, independent director Initial date of appointment: GM 02/10/2016 Term of office expires: GM 2022

Number of shares held: 662

Mrs. Françoise Mahiou, aged 58, is of French nationality. An engineer and Hec Executive, Mrs. Françoise Mahiou is a certified director of ASC Sciences Po Paris/IFA and a member of the French Institute of Directors (Institut français des administrateurs – IFA). As an Operating Partner, Mrs. Françoise Mahiou advises and assists managers, shareholders and their teams in order to meet operational and strategic needs that create value for the company and stakeholders. Some dates in the professional life of Mrs. Françoise Mahiou: 1988-1990 - Major Projects Engineer within the integrated contracting authority/project management team in charge of the design and construction of rail stations for Toulouse’s first automatic metro line (Sofretu/Sotec now Systra). This involved engineering, architecture, design, management and ISO quality aspects, on very tight schedules. Mrs. Françoise Mahiou rounded off her Toulouse experience with commercial and industrial construction projects for private developers (Sopra/Kaufman&B). 1991-2003 - Mrs. Françoise Mahiou created and managed the Engineering division of public-private commercial buildings for Sodeteg Thomson (now Thalès), using an environmental approach and providing services to contracting authorities and architects – École des mines de Nantes (Aymeric Zublena), Musée des Champs Libres in Rennes (Christian de Portzamparc), Université de Médecine

de Tours (Ivars and Ballet), Extension of Musée Luxembourg Paris (Senate), Due Diligence for Oppenheim, feasibility study for the City Center of Casablanca (Alliances Accor), and DGAC headquarters (JF Jodry), Scheduling of the Pôle de l’Or for the Senator-Mayor Serge Vinçon. 2004-2006 - As CEO of the Segula Group's Services Division, Mrs. Françoise Mahiou developed this Division under in the “Energy/Transport/Industries” Process Branch through external and internal growth, and also through the key accounts she won, which include Areva, EDF, Dassault, RATP and Essilor. 2007-2012 - Mrs. Françoise Mahiou managed operations for the AREP Group, a subsidiary of the SNCF, as Deputy CEO. She led a complete restructure of the Group with a CSR focus, covering HR (opinion survey, barostress plan, senior citizens plan, incentives, company/authority travel plan etc.), project-oriented finance, setting up workflow information systems (home working, fluidity of exchanges etc.), legal stabilization, the launch of internal communications, and acquisitions, to guarantee sustainable growth. 2016 – Mrs. Françoise Mahiou is appointed Director on the DERICHEBOURG Board of Directors. Mrs. Françoise Mahiou is also a member of the Company’s Audit Committee and the Appointments and Remuneration Committee. Mrs. Françoise Mahiou holds no other position within the Company or any other Group company.

Offices and/or positions held in another company (within and outside the Group) during the course of the fiscal year ended September 30, 2021

Chairman

ASCIUS

Other offices held during the last five years

None.

DERICHEBOURG 2020/2021 Universal Registration Document 103