RUBIS_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS 9

2017 consolidated financial statements and notes

Earnings per share (in thousands of euros)

12/31/2016*

12/31/2017

Consolidated net income, Group share Impact of stock options on income

265,583

208,022

257

Consolidated net income after recognition of the impact of stock options on income

265,583

208,279

Number of shares at the beginning of the period Two-for-one split of the par value of the share

45,454,888 45,454,888

43,216,952

Company savings plan

111,155

39,141 77,897 142,843 793,073

Equity line

Preferential subscription rights

308,087

Dividend in shares Preferred shares

1,151,516

443

Bonus shares

942,636 116,288

316,080 336,062

Average number of stock options

Average number of shares (including stock options) DILUTED EARNINGS PER SHARE (in euros) UNDILUTED EARNINGS PER SHARE (in euros)

93,539,902

44,922,048

2.84 2.87

4.64 4.70

* The 2016 data have not been restated for the 2-for-1 split in the par value of the share in 2017.

5.12 DIVIDENDS

5.12.1 Dividends declared Rubis has always pursued an active dividend payment policy for its shareholders, as illustrated by the dividend payout ratio over the past 5 years, which has represented an average of 61% of net income, Group share.

Total net sums distributed (in euros) 18,677,646 24,332,287 27,282,463 31,471,384 44,331,704 50,821,208 61,320,738 73,157,721 79,724,492 104,844,245 122,223,005

Net dividend distributed (in euros)

Fiscal year on which paid

Number of shares affected

Date of distribution

OGM 06/14/2007 OGM 06/12/2008 O&EGM 06/10/2009 OGM 06/10/2010 O&EGM 06/09/2011 O&EGM 06/07/2012 O&EGM 06/07/2013 O&EGM 06/05/2014 O&EGM 06/05/2015 O&EGM 06/09/2016 O&EGM 06/08/2017

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

8,727,872 9,931,546 10,295,269 11,042,591 14,534,985 30,431,861 33,326,488 37,516,780 38,889,996 43,324,068 45,605,599

2.14 2.45 2.65 2.85 3.05 1.67 1.84 1.95 2.05 2.42 2.68

Note that the par value of each share was halved in July 2011.

5.12.2 Dividend per by-laws General Partners’ dividends are governed by Article 56 of the by-laws. For each fiscal period, the General Partners receive a dividend, which is calculated according to the overall stock market performance of

allocated for 2016). It will be distributed at the same time as the dividend paid to shareholders in respect of the year 2017 (after the 2018 Shareholders’ Meeting).

Rubis stock. This dividend is capped at a percentage of net income, Group share for the year. In respect of 2017, the dividend amount was €26,690 thousand (€10,786 thousand

2017 Registration Document I RUBIS

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