EXEL Industries // 2020 Universal registration document

Statement of Non-Financial Performance

Report of one of the Statutory Auditors appointed as independent third party on the consolidated statement of non- fi nancial performance

Report of one of the Statutory Auditors appointed as Ƥ independent third party on the consolidated statement of Ƥ non- fi nancial performance

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Fiscal year ended September 30, 2020 To the Shareholders’ Annual General Meeting,

In our capacity as Statutory Auditors of EXEL Industries appointed as an independent third party, certi fi ed by COFRAC under number 3-1048 (scope of accreditation available on www.cofrac.fr), we hereby present our report on the consolidated statement of non- fi nancial performance relating to the fi scal year ended September 30, 2020, presented in the management report (hereinafter the “Statement”), pursuant to the laws and regulations of Articles L.225-102-1, R.225-105 and R.225-105-1 of the French Commercial Code. Company’s responsibility It is the duty of the Board of Directors to draw up a Statement in accordance with the laws and regulations, including a presentation of the business model, a description of the principal non- fi nancial risks, a presentation of the policies applied as regards those risks and the results of those policies, including key performance indicators. The Statement was prepared pursuant to the Company’s procedures (hereinafter the “Guidelines”), the major points of which are presented in the Statement and available on its website or upon request at the Company’s main o ffi ce. Independence and quality control Our independence is de fi ned by the criteria laid out in Article L.822-11-3 of the French Commercial Code and the Code of Ethics for French auditors. Moreover, we have set up a quality control systemwhich includes documented procedures and policies aimed at ensuring compliance with our rules of ethics, professional standards and applicable legal and regulatory texts. Responsibility of Statutory Auditors appointed as an independent third party It is our responsibility, based on our audit, to provide a reasoned opinion expressing a conclusion of moderate assurance concerning:  the Statement’s compliance with Article R.225-105 of the French Commercial Code;  the accuracy of the information provided pursuant to sections I(3) and II of Article R.225-105 of the French Commercial Code, namely the outcomes of the policies, including key performance indicators, and the actions taken in light of the principal risks, hereinafter “the Information”. However, it is not our responsibility to express an opinion on the entity’s compliance with other applicable legal and regulatory provisions, particularly in terms of the duty of care, anti-corruption and taxation, or on the regulatory compliance of products and services. Nature and extent of the audit Our work described below was carried out in accordance with the provisions of Articles A. 225-1 et seq . of the French Commercial Code determining the terms in which the independent third party conducts its engagement and in accordance with the professional doctrine of the Compagnie Nationale des Commissaires aux Comptes relating to this engagement as well as international standard ISAE 3000 (assurance engagements other than audits or reviews of historical fi nancial information). We conducted work to assess the compliance of the Statement with the regulatory provisions and the accuracy of the information, as follows:  We took note of the activity of all the companies included in the scope of consolidation and the presentation of the main risks.  We appraised the appropriateness of the Guidelines with respect to their relevance, completeness, reliability, neutrality and clarity, taking into consideration, where relevant, good industry practices.  We veri fi ed that the Statement covers every category of information contemplated in section III of Article L.225-102-1 regarding social and environmental issues as well as human rights, anti-corruption and tax evasion.  We veri fi ed that the Statement includes the information provided for in II of Article R.225-105 when it is relevant with regard to the main risks, and that it includes, where applicable, an explanation of the reasons justifying the absence of the information required by the second paragraph of III of Article L.225-102-1.  We veri fi ed that the Statement presents the business model and a description of the principal risks associated with the operations of all of the entities included in the scope of consolidation, including, where it seems helpful and in proportion, the risks created by its business relationships, products and services as well as the policies, actions and outcomes, including key performance indicators.

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EXEL Industries group I 2020 Universal Registration Document

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