Derichebourg // 2020-2021 Universal Registration Document

4

Board of Directors’ report on corporate governance Related-party agreements

Terms The annual remuneration amount is €1,300,000 excluding taxes. Under this agreement, your Company recorded an expense of €975,000 excluding taxes for the period from January 1 to September 30, 2021. Reasons justifying the benefits of the agreement for the Company Your Board of Directors has justified this agreement as follows: your Company benefits from the human, material and technical resources of DBG Finances to enable it to carry out its business activities. It should be noted that DBG Finances participates directly and actively in the management of the Derichebourg Group and its subsidiaries, and in their strategic development. This new agreement includes all of the same clauses and conditions as the agreement which expired on December 31, 2020. Agreements already approved by the General Meeting In accordance with Article R. 225-30 of the French Commercial Code, we have been advised that the implementation of the following agreements and commitments, which were approved by the General Meeting in prior years, continued during the year. 1. Derichebourg trademark licensing agreement with the company TBD Finances Director involved: Mr. Daniel Derichebourg, Chairman of the Board of Directors and CEO of your Company and deputy director of TBD Finances. Nature and purpose The Board of Directors’ meeting of December 4, 2018 approved the conclusion of a Derichebourg trademark licensing agreement with the company TBD Finances, the owner of this trademark, and set the amount of the license royalty for the Derichebourg trademark at 0.07% of the consolidated revenue of the Environmental division and at 0.12% of the consolidated revenue of the Multiservices division. This agreement took effect on March 1, 2019, for a ten-year term. Terms The amount of the royalty recorded as expenses by your Company for the fiscal year ended September 30, 2021 amounted to €2,988,141 excluding taxes. 2. Service agreement with DBG Finances Director involved: Mr. Daniel Derichebourg, Chairman of the Board of Directors and CEO of your Company and General Partner of DBG Finances. Nature and purpose Your Board of Directors’ meeting of December 5, 2017 authorized, for a period of three years starting from January 1, 2018, the renewal of the assistance agreement with DBG Finances by which this latter would take part in managing the Group’s policy together with the supervision and control of its subsidiaries, in particular for the provision and centralization of management tools and services in managerial, administrative, financial and commercial areas. At its meeting on December 4, 2018, your Board of Directors authorized an adjustment to the remuneration amount for services invoiced by DBG Finances to reduce it to €1,300,000 excluding taxes for the 2019 and 2020 calendar years. An amendment to this agreement was signed on January 2, 2019. Terms The amount of the expense recorded by your Company during the fiscal year ended September 30, 2021 for the period from October 1 to December 31, 2020 is €1,325,000 excluding taxes.

Paris, Paris and Paris-La Défense, December 10, 2021

The Statutory Auditors

DENJEAN & ASSOCIÉS AUDIT Clarence Vergote

BM&A Gilles Rabier

ERNST & YOUNG Audit Pierre Abily

DERICHEBOURG 2020/2021 Universal Registration Document 119