EDF_REGISTRATION_DOCUMENT_2017

PRESENTATION OF EDF GROUP Description of the Group's activities

an assistance project for the management of a 250MW dam pumping station, ■ planned for the Hatta mountains in the Emirate of Dubai, for the customer DEWA. Another major project is in the process of being completed in Doha: engineering consultancy for the customer Kahramaa (water and electricity in Qatar) in connection with the completion of electricity substations and high-voltage cable networks (project falling under “Phase 13”). In 2014, in Saudi Arabia, the EDF group signed a partnership agreement with the Saudi Electricity Company (SEC), the country's benchmark electricity operator, enabling a broad cooperation between the two groups, including training initiatives. In the extension of this agreement, the GOC “Generation, Optimization Center” contract signed in February 2016 provides for support by EDF for the implementation of regional generation optimisation centres. In October 2016, an agreement was also signed concerning the training of future Saudi nuclear engineers, who will be trained within the Group’s installations. Israel The EDF group has been present in Israel since 2010 through its subsidiary EDF Énergies Nouvelles, which operates photovoltaic power projects connected to the grid with gross installed capacity of 193.5MWc, and launched in 2017 the construction of an additional 105MWc. It is continuing development of a portfolio of projects representing close to 300MWc of solar energy (see section 1.4.1.5.3 “EDF Énergies Nouvelles”). The Group also supports its Italian subsidiary Edison's efforts to expand into gas exploration. Furthermore, the Group’s Hydraulic engineering centre supplies services to the first Israeli project for the storage of electricity through pumping, on Mount Gilboa. Off-grid energy 1.4.5.3.9 The EDF group has 15 years of experience in the field of “off-grid” – decentralised energy – in Africa via companies created for that purpose. KES In South Africa, the KES (Kukhanya Energy Services) company, created in 2002, is 50% owned by EDF, 15% by the local operator, Calulo, and 35% by Total. It initially developed its business through photovoltaic kits in Kwazulu-Natal, and then extended its activities into the Eastern Cape region. At the end of 2017, KES provided solar electrical energy to almost 135,000 people and wishes to continue its development in Southern Africa. ERA In Senegal, the EDF group holds a 70% stake in the ERA company, alongside Matforce, a local partner. Since 2014, ERA has been the operator of the rural electrification concession of Caffeine-Tambacounda-Kédougou (25% of Senegal's surface area). Having received a grant from the French Development Agency, with a third and last tranche expected to be soon released, ERA develops the electricity grid, installs photovoltaic panels in rural areas and currently provides electricity to around 35,000 people. The tariff review process initiated in June 2017 by the Regulator at the request of concession holders should be completed in early 2018 with the publication of new tariffs which should ensure the concession's financial equilibrium and enable its long-term development. ZECI The EDF group and Off Grid Electric (OGE) – an American company involved in the distribution of solar energy in Africa, in which Electranova Capital, EDF’s cleantech venture capital investment fund, holds a shareholding – created in October 2016 a joint company in the Ivory Coast, ZECI, for the supply of competitive off-grid solar energy in Africa. Within the framework of this joint venture, the EDF group and OGE assume the cost of the installation and maintenance of 300,000 solar kits intended for rural and peri-urban homes. These individual kits include solar panels which are easy to install, backed up by batteries for the storage of electricity, and which can be paid for merely by the use of a mobile phone. Thanks to these kits, at the end of 2017, more than 50,000 people will be able to have light and to power all their low-consumption household appliances such as a television or a radio proposed within the offer, or to recharge their mobile phones.

Cameroon The State of Cameroon (30%), the IFC (World Bank Group, 30%) and EDF (40%) are developing the Nachtigal 420MW hydropower project, situated on the Sanaga River, close to Yaoundé, for an investment decision scheduled for the end of H1 2018. In July 2016, Nachtigal Hydro Power Company was created to assist with the project and signed a Concession Agreement for Electricity Generation in April 2017. The Nachtigal hydroelectric power plant is a sizeable project for the country and will, on commissioning, be the largest generation resource in Cameroon. It will provide around one third of the electricity needs and will generate numerous economic EDF International Networks, a wholly-owned subsidiary of the EDF group, opened a branch in September 2017 to further develop its activities in the country in support of SNE. Egypt In October 2017, the EDF group entered into the renewable energy generation market in Egypt. EDF EN, in 50/50 partnership with the Egyptian company Elsewedy, will co-finance, build and operate two 50MWc photovoltaic plants in Benban near Assouan. These projects will be benefit from a Power Purchase Agreement (PPA) for a period of 25 years (see section 1.4.1.5.3 “EDF Énergies Nouvelles”). In 2017, EDF was awarded two contracts for consulting services, one with EETC for engineering and supervising construction of the dispatcher in the Delta, and another with EEHC to manage the deployment of 53,000 smart meters that its subsidiary EDF International Networks will complete in a consortium led by the French industrial company Sagemcom and including the Egyptian company Globaltronics. Since the mid-1990s, the EDF group has been present in Egypt in Exploration and Production (E&P) of hydrocarbons through its subsidiary Edison (see section 1.4.5.2.3.2 “Italy - Hydrocarbon business”). Ivory Coast EDF group is developing the “Biovéa” project for a biomass electricity power plant with two 23MW units in partnership with SIFCA, an Ivorian agro-industrial group in West Africa. This project is already included in the Ivoirian State's development master plan and an agreement on the transfer price of generated energy was signed on 30 November 2017. The investment decision is scheduled to be made in early 2019. In August 2016, the Group created a local subsidiary to support its development strategy in the Ivory Coast. In October 2016, EDF created the ZECI company, a joint-venture with the US company Off Grid Electric (OGE), for the deployment of an off grid energy project for rural and peri-urban populations (see section 1.4.5.3.9 “Off-grid energy”). Ghana In October 2017, the EDF group opened a local branch to support its development strategy in this country. It is also present in Ghana through the ZEGHA company (see section 1.4.5.3.9 “Off-grid energy”). Middle East 1.4.5.3.8 The EDF group is present in the Middle East, with a regional office based in the United Arab Emirates (UAE) covering the area's development and project monitoring activities. In addition, the Group has offices in Qatar, Doha, Saudi Arabia (Riyadh), Lebanon (Beirut), Bahrain and the United Arab Emirates (Abu Dhabi and Dubai). These offices manage the commercial activities and projects in these various countries. The area's major projects are in the UAE with the customer DEWA (responsible for water and electricity in the city of Dubai): a development project for a 800MW solar photovoltaic power plant. EDF, ■ through its subsidiary EDF EN, is developing this project alongside Masdar, an Abu Dhabi-based company belonging to the Mubadala group and the customer DEWA. This power plant, scheduled to be fully completed in April 2020, will be the world's largest solar power plant; benefits for the local economy. Republic of the Congo

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DF I Reference Document 2017