DERICHEBOURG - Universal registration document 2019-2020

4

Financial statements Consolidated financial statements for the year ended September 30, 2020, in compliance with IFRS Notes

Actuarial assumptions for Environmental Services and Holding companies

Euro zone 2019-2020

Euro zone 2018-2019

Discount rate

0.60% to 1.20%

0.50% to 0.70%

Long-term forecast salary growth rate

0% to 2%

0% to 2%

Expected return on assets Mortality

Tables by generation TGM/TGF 05

Tables by generation TGM/TGF 05

Rate of turnover Retirement age

Insee tables adapted to the Group’s turnover

Insee tables adapted to the Group’s turnover

Voluntary departure at 62 years of age for non-executives Voluntary departure at 62 years of age for executives

Voluntary departure at 62 years of age for non-executives Voluntary departure at 62 years of age for executives

For Environmental Services and Business Services in France, the discountrate used in this measurementis 0.60%. IAS 19 specifies that the discount rate must be equal to the yield paid on high-quality corporate bonds having the same maturity as the commitment.

In the euro zone, the yield on high-qualitycorporatebonds (AA) at the measurementdate was 0.47%accordingto the IBOXXbenchmark The discount rate actuallyused in this valuationcomplieswith IAS 19.

Changes in consolidation

Write backs not used

09-30-19

Provisions Reversals used

scope Other variation

09-30-20

In millions of euros

Employee benefits

49.6

4.0

(0.8)

(0.1)

(1.9)

50.8

DERICHEBOURG p 2019/2020 Universal Registration Document 169