SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017

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Financial and accounting information Compagnie de Saint-Gobain 2017 annual financial statements (parent company)

2017 amount (in EUR thousand)

2016 amount (in EUR thousand)

Financing-related off-balance sheet commitments given and received Interest-rate swaps Fixed-rate borrower/Fixed-rate lender Interest-rate swaps Variable-rate borrower/Fixed-rate lender Commodity swaps Fixed-price buyer/Variable-price seller Commodity swaps Variable-price buyer/Fixed-price seller Operations-related off-balance sheet commitments: None As part of tax litigations which are duly provided for in the balance sheet, the tax administration has been granted liens on assets in its favor in the amount of €16,273 thousand, and delivered a notice confirming that these amounts were contended. In exchange for a stay of payment for part of these litigations, Compagnie de Saint-Gobain has obtained tax bonds from its banks in the amount of €10,466 thousand.

Date

Counterparty

Multiple Multiple Multiple Multiple

281,776 95,000

291,995 95,000

9,634 9,634

1,065 1,065

Given the favourable outcome of some of these litigations for the Group, these amounts could be reduced during 2018. In some cases, Compagnie de Saint-Gobain, or other Group Companies may grant seller’s warranties to the buyers of divested businesses. A provision is recognized whenever a risk is identified and the related cost can be estimated reliably.

NOTE 18

INFORMATION ON FEES PAID TO THE STATUTORY AUDITORS

Total fees (excluding VAT) paid and payable to the auditors for 2017, as reflected in the income statement, may be broken down as follows:

statutory audit fees of €1.6 million; fees for audit-related advice and services of €0.6 million.

NOTE 19

INFORMATION ON EMPLOYEES

Number of employees Paris Head Office (Les Miroirs, La Défense)

Management compensation Total compensation and benefits paid in 2017 to Saint-Gobain management by the French and foreign companies in the Group (excluding any long-term cash-settled compensation) amounted to €14.5 million (€13.3 million in 2016), including €5.8 million in gross variable compensation (€4.4 million in 2016) and €0.1 million in termination, retirement or other benefits (nil in 2016). Provisions for pensions and other post-employment benefits (Defined-Benefit Obligations (DBO) in respect of length-of-service awards and pensions) accruing to Group management totaled €46.6 million at December 31, 2017 (€47.0 million at December 31, 2016). Attendance fees paid to members of the Board of Directors for 2017 totaled €1.1 million, the same as in previous year.

2017

2016

Managers Supervisors

159

36 10

Administrative staff

TOTAL

199

205

of which, employees under fixed-term contracts

German branch (Aachen)