| GROUP PROFILE | 2 |
| 01. CSR REPORT (SERVING AS STATEMENT OF EXTRA-FINANCIAL PERFORMANCE) | 11 |
| 1.1 Overview of businesses and business model | 13 |
| 1.1.1 Environmental Services business | 14 |
| 1.1.2 Multiservices business | 23 |
| 1.1.3 Derichebourg Group business model | 28 |
| 1.2 Main CSR Risks | 30 |
| 1.2.1 Analysis of CSR risks | 30 |
| 1.2.2 CSR strategy | 31 |
| 1.3 Scorecard showing principal social, environmental and societal information | 32 |
| 1.4 Being a committed employer | 33 |
| 1.4.1 Deploy a risk prevention policy to guarantee employee safety and health | 33 |
| 1.4.2 Developing employment and skills | 34 |
| 1.4.3 Contributing to building a caring society | 38 |
| 1.5 Reducing the Group's environmental footprint | 43 |
| 1.5.1 Improving the impact of our facilities | 43 |
| 1.5.2 Contributing to carbon neutrality | 45 |
| 1.5.3 Guaranteeing the environmental performance of our services | 48 |
| 1.6 Being a major player in the circular economy | 49 |
| 1.6.1 Improving the recovery of waste treated in our facilities | 50 |
| 1.7 Consolidating relationships of trust with our partners | 53 |
| 1.7.1 Managing CSR risks in the value chain | 53 |
| 1.7.2 Offering a sustainable service | 54 |
| 1.8 Duty of vigilance | 56 |
| 1.9 Report by the independent third party organization on the consolidated statement of extra-financial performance | 57 |
| 02. BOARD OF DIRECTORS’ REPORT ON CORPORATE GOVERNANCE | 61 |
| 2.1 The Board of Directors | 63 |
| 2.1.1 Governance Structure | 63 |
| 2.1.2 Duties of the Board of Directors | 63 |
| 2.1.3 Rules applicable to the appointment and replacement of Board members | 63 |
| 2.1.4 Compo sition of the Board of Directors | 64 |
| 2.1.5 Members of the Board of Directors | 67 |
| 2.1.6 Conflicts of Interest | 72 |
| 2.1.7 Functioning of the Board of Directors | 73 |
| 2.1.8 Corporate Governance Code | 74 |
| 2.1.9 Board rules of procedure | 74 |
| 2.2 Special committees of the Board of Directors | 74 |
| 2.2.1 Audit Committee | 75 |
| 2.2.2 Appointments and Compensation Committee | 75 |
| 2.3 The Deputy Chief Executive Officer | 76 |
| 2.4 Compensation of the members of the Board of Directors and executive officers | 77 |
| 2.4.1 Compensation policy for corporate officers | 77 |
| 2.4.2 Summary tables of compensation of corporate officers | 79 |
| 2.4.3 Equity Ratio | 82 |
| 2.5 Executive officers’ declaration concerning transactions in the Company’s shares | 82 |
| 2.6 Related-party agreements | 83 |
| 2.6.1 Provisions concerning related-party agreements | 83 |
| 2.6.2 Service Agreement | 83 |
| 2.6.3 Trademark licensing agreement | 83 |
| 2.7 Summary table of the authorizations granted to the Board of Directors by the shareholders’ meeting (Article L. 225-100 of the French Commercial Code) | 84 |
| 2.8 Factors likely to have an impact in the event of a public offering | 84 |
| 2.9 Rules applicable to shareholder participation in shareholders’ meetings | 85 |
| 2.10 Independent auditors’ special report on related-party agreements | 86 |
| 1. DERICHEBOURG trademark licensing agreement with the company TBD Finances | 86 |
| 2. Service agreement with DBG Finances | 87 |
| 03. GROUP MANAGEMENT REPORT | 89 |
| 3.1 Significant events during the fiscal year | 91 |
| 3.1.1 Acquisition of the Lyrsa Group (renamed Derichebourg España on September 1, 2020) | 91 |
| 3.1.2 Covid-19 health crisis and economic consequences | 91 |
| 3.1.3 First-time adoption of IFRS 16 | 93 |
| 3.1.4 Strategic partnership with Saur for services to local governments in the water and sanitation sector | 93 |
| 3.2 Earnings from businesses and financial position | 94 |
| 3.2.1 Group results | 94 |
| 3.2.2 Environmental Services activity | 96 |
| 3.2.3 The Multiservices business | 99 |
| 3.2.4 The Holding companies business | 101 |
| 3.2.5 Outlook | 102 |
| 3.2.6 Financing and changes in indebtedness | 103 |
| 3.2.7 Investments | 105 |
| 3.3 Risk factors | 106 |
| 3.3.1 Risk analysis and monitoring process | 106 |
| 3.3.2 Overview of principal risks identified and the risk management system | 107 |
| 3.3.3 The internal control system | 109 |
| 3.3.4 Insurance | 112 |
| 3.4 Shareholder structure and threshold crossing | 113 |
| 3.4.1 Shareholder structure | 113 |
| 3.4.2 Threshold crossing | 114 |
| 3.4.3 Analysis of the share capital by type of shareholder | 114 |
| 3.5 Financial results for the last five fiscal years | 115 |
| 3.6 Group organization charts | 115 |
| 3.6.1 Group organization and Issuer’s position in the Group | 115 |
| 3.6.2 Organizational structure | 116 |
| 3.7 Statement of extra-financial performance | 122 |
| 3.8 Agenda and draft resolutions for the shareholders' combined general meeting of February 10, 2021 | 122 |
| 04. FINANCIAL STATEMENTS | 131 |
| 4.1 Consolidated financial statements for the year ended September 30, 2020, in compliance with IFRS | 132 |
| 4.1.1 Derichebourg Group consolidated balance sheet as at September 30, 2020 | 132 |
| 4.1.2 Derichebourg Group consolidated income at September 30, 2020 | 134 |
| 4.1.3 Derichebourg Group consolidated statement of cash flows at September 30, 2020 | 136 |
| 4.1.4 Change in Derichebourg Group consolidated shareholders’ equity at September 30, 2020 | 137 |
| 4.1.5 Notes to the consolidated financial statements | 138 |
| 4.1.6 Independent auditors' report on the consolidated financial statements | 183 |
| 4.2 Parent company financial statements at September 30, 2020 | 186 |
| 4.2.1 Balance sheet | 186 |
| 4.2.2 Income statement | 188 |
| 4.2.3 Notes to the parent company financial statements | 190 |
| 4.2.4 Independent auditors' report on the financial statements | 209 |
| 4.3 Independent auditors’ fees and fees paid to their network by the Group | 212 |
| 05. INFORMATION ON THE COMPANY AND SHARE CAPITAL | 213 |
| 5.1 Share capital: amount of subscribed capital | 215 |
| 5.2 Authorized capital not issued | 215 |
| 5.3 Non-equity securities | 215 |
| 5.4 Securities giving access to the Company’s share capital | 215 |
| 5.5 Potential capital: impact of issues on the equity interest in Derichebourg of a shareholder with a 1% capital interest and who does not subscribe said issues | 216 |
| 5.6 Table showing changes in share capital during the last three fiscal years | 216 |
| 5.7 Shares held by the issuer or by its subsidiaries | 216 |
| 5.8 Voting Rights | 217 |
| 5.9 2% threshold set in bylaws | 217 |
| 5.10 Restrictions on voting rights and share transfers provided for in the Company bylaws | 217 |
| 5.11 List of owners of any securities containing any special rights of control | 218 |
| 5.12 Employee shareholdings | 218 |
| 5.13 Shareholder agreements | 218 |
| 5.14 Amendment of Company bylaws | 218 |
| 5.15 Rules on convening shareholders’ meetings | 219 |
| 5.16 Powers of the Board of Directors, in particular, for the issue or buyback of shares | 221 |
| 5.17 Agreements entered into by the Company which are amended or end in the event of a change of control | 221 |
| 5.18 Dividends | 222 |
| 06. FURTHER INFORMATION | 225 |
| 6.1 Person responsible for the Universal Registration Document | 227 |
| 6.1.1 Name and position of the person responsible | 227 |
| 6.1.2 Certification of the person responsible for the Universal Registration Document | 227 |
| 6.2 Name of the person responsible for financial information | 227 |
| 6.3 Statutory Auditors | 228 |
| 6.3.1 Principal independent auditors | 228 |
| 6.3.2 Alternate independent auditors | 228 |
| 6.4 General information about Derichebourg | 229 |
| 6.4.1 Legal name and trading name | 229 |
| 6.4.2 Issuer's registration number | 229 |
| 6.4.3 Date of incorporation and term of the Issuer | 229 |
| 6.4.4 Details of the registered office and legal form | 229 |
| 6.4.5 Fiscal year | 229 |
| 6.4.6 Corporate purpose of the Issuer | 229 |
| 6.5 Assessment of the 2019/2020 share buyback program | 230 |
| 6.6 Presentation of the 2020/2021 share buyback program | 231 |
| 6.6.1 Legal framework | 231 |
| 6.6.2 Number of shares and portion of share capital held by the Company | 231 |
| 6.6.3 Breakdown of the Company’s own shares, by purpose | 231 |
| 6.6.4 Purpose of the new buyback program | 231 |
| 6.6.5 Maximum portion of share capital, maximum number and characteristics of capital securities and maximum purchase price | 231 |
| 6.6.6 Buyback terms | 231 |
| 6.6.7 Duration of the buyback program | 231 |
| 6.6.8 Results of the Company’s previous share buyback program from January 31, 2020 to December 3, 2020 | 232 |
| 6.6.9 Results of the program’s execution between January 31, 2020 and December 3, 2020 | 232 |
| 6.7 Communication with institutional investors and individual shareholders | 233 |
| 6.7.1 Communications methodology | 233 |
| 6.7.2 Calendar: Key dates | 233 |
| 6.7.3 Periodic and occasional information: annual information document | 233 |
| 6.7.4 Update on quarterly financial information | 234 |
| 6.8 Information provided by third parties, statements made by experts and declarations of interests | 235 |
| 6.8.1 Statements/Reports of experts | 235 |
| 6.8.2 Information provided by third parties | 235 |
| 6.9 Significant contracts | 235 |
| 6.10 Concordance table between the Derichebourg Universal Registration Document and the annual financial report | 236 |
| 6.11 Concordance table between the Derichebourg Universal Registration Document and Annex 1 and 2 of Delegatted Regulation (EU) 2019/980 of March 14, 2019 | 237 |