MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

3

DESCRIPTION OF THE GROUP, BUSINESS ACTIVITIES, LEGAL AND ARBITRATION PROCEEDINGS Description of the Group

3.1 _ Description of the Group

3.1.1 HISTORY AND OVERVIEW

Maroc Telecom is the incumbent telecommunications operator in the Kingdom of Morocco. It is operates in the Fixed-line telephony, Mobile telephony and Internet segments. Since 2001 Maroc Telecom Group has focused on international development. The Group acquired a controlling interest in the incumbent operators of Mauritania (Mauritel, via CMC holding), Burkina Faso (Onatel) in Decemberb2006 andMali (Sotelma) in Julyb2009.The Group acquired a 51% controlling interest in Gabon Telecom in Februaryb2007. In Januaryb2015, Maroc Telecom finalized the acquisition, started on Mayb4, 2014, of the six subsidiaries of Etisalat in Benin, Ivory Coast, Gabon, Niger, the Central African Republic and Togo. In addition, Maroc Telecomowns 100%of Casanet, a leading internet service provider in Morocco and host of the menara.ma web portal.

Maroc Telecom is organized by “Business Units” around its business activities and services.The Fixed-line andMobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division (DGRS), while support functions are covered by the Regulatory and Legal Affairs Division (DGRAJ) and the Administration and Finance Division (DGAF). Within the strategic framework defined by the Group’s management bodies, these divisions ensure oversight of subsidiaries and compliance with the rules of Maroc Telecom Group. Maroc Telecom is decentralized, with eight Regional Offices each with their own operating structure and support functions.

The Maroc Telecom Group’s organizational chart at Decemberb31, 2017, was as follows:

Abdeslam AHIZOUNE Chairman of the Management Board

Brahim BOUDAOUD :G:@BG@ BK>@:E :G= >@NE:MHKR T:BKL

Hassan RACHAD :G:@BG@ BK>MPHKDL :G= RLM>FL Ď

François VITTE AB>? BG:GK

Larbi GUEDIRA :G:@BG@ BK>KOB<>L

ď

>@BHG:E W<>L Ď}ď

N;LB=B:KB>L

62

MAROC TELECOM ____ 2017 Registration Document