DERICHEBOURG - Universal registration document 2019-2020

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Board of Directors’ report on corporate governance Independent auditors’ special report on related-party agreements

2. Service agreement with DBG Finances Director involved:Mr. DanielDerichebourg,Chairmanof the Board of Directorsand CEO of your Companyand General Partner of DBG Finances. The Board of Directors’ meeting of December 5, 2017 authorized, for a period of three years starting from January 1, 2018, the renewal of the assistanceagreementwith DBG Financesby which this latter would take part in managingthe Group’spolicy and in the supervisionand control of its subsidiaries, in particular for the provision and centralization of management tools and services in managerial, administrative, financial and commercialareas. At its meeting on December 4, 2018, the Board of directors authorizedan adjustment to the compensationamount for services invoiced by DBG Financesto reduce it to €1,300,000excludingtaxes for the 2019 and 2020 calendaryears. An amendmentto this agreementwas signedon January 2, 2019.The amount ofthe expenserecordedby your Companyduring the fiscalyear endedSeptember 30,2020 is€1,300,000 excludingtaxes.

Paris, Paris and Paris-LaDéfense,December 10,2020 The independentauditors

DENJEAN & ASSOCIES AUDIT

BM&A

ERNST & YOUNG Audit

Clarence Vergote

Eric Seyvos

Pierre Abily

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