RUBIS_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS 9

2017 consolidated financial statements and notes

Pledged assets as of December 31, 2017

Asset item total in gross value (b)

Amount of assets pledged (a)

On financial assets (in thousands of euros)

Start date of pledge

Maturity date of pledge

Liabilities secured

% a/b

Name of shareholder registered (directly registered shares) Rubis Antilles Guyane (1) TOTAL RUBIS ANTILLES GUYANE

12/12/2011

7/25/2018

1,080 1,080 48,125 48,125 49,205

6,742 6,742 45,072 45,072

11,712

58%

04/01/2015 03/31/2021

Rubis Terminal (2)

TOTAL RUBIS TERMINAL TOTAL SECURED DEBT

257,065

18%

Number of shares pledged

% of share capital pledged

Condition for exercise of pledge Repayment of the loan in full Repayment of the loan in full

Subsidiaries whose assets are pledged

Beneficiary

(1) Société Antillaise des Pétroles Rubis

35,000

100% Bred Banque Populaire LCL

(2) Rubis Terminal BV

328,000

100%

ABN AMRO

The pledges of property, plant and equipment mentioned in note 4.10.1 corresponding to property held under finance leases are not included above. The pledged assets represent less than 2% of Rubis’ consolidated balance sheet as of December 31, 2017.

10.2 CONTRACTUAL AND TRADE COMMITMENTS

Payments due by period

Contractual commitments as of 12/31/2017 (in thousands of euros)

Between 1 and 5 years

More than 5 years

Total

Less than 1 year

Credit institution loans

1,445,938

228,750

1,131,012

86,176

Finance lease commitments

3,693

1,441

2,165

87

Operating leases

294,919

28,296

54,607

212,016

Other long-term commitments

3,904

479

1,237

2,187

TOTAL

1,748,454

258,966

1,189,021

300,466

The review of operating leases was subject to particular attention as part of the preparatory work for the implementation of IFRS 16 on leases. Commercial commitments made or received by the Group are not significant.

10.3 TRANSACTIONS WITH RELATED PARTIES

Senior Managers’ compensation Top Management compensation is governed by Article 54 of the by-laws. It totaled €2,590 thousand for the fiscal year, including compensation due to the Top Management of the parent company (€2,281 thousand, for which the corresponding social security contributions are entirely borne by

the Top Managers) and compensation due to management functions in the subsidiaries ( i.e. €309 thousand gross). The 10 th resolution approved at the Annual Shareholders’ and General Partners’ Meetings on June 5, 2015 introduced variable compensation, the terms and conditions of

which are described in chapter 6, note 6.5.1.2. of the 2017 Registration Document. Variable compensation recorded during fiscal year 2017 was €999 thousand. Attendance fees paid to members of the parent company’s Supervisory Board totaled €122 thousand in fiscal year 2017.

2017 Registration Document I RUBIS

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