SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017

CONTENTS

Pierre-André de Chalendar A message from

2

6 Corporate governance

123

Composition and operation of the 1. Board of Directors Management and Directors’ 2. compensation Company stock traded 3. by Directors 173 Report of the Board of Directors on 4. corporate governance (Article L.225-37 of the French Commercial Code) 174 Statutory Auditors’ special report 5. on related-party agreements and undertakings 175 147 124

Saint-Gobain today

5

1

Group profile 1. Strong values 2. Governance 3.

6

10 14

A decentralized organizational 4. structure

17

2 One ambition: to improve the well-being of all The Group and its environment 1.

21

22 27

7 Risks and control Risk factors 1. Internal control 2.

181

Creating great living places 2.

Solutions specifically for industrial 3. markets

182 191

34 36

Proximity to customers 4.

Capital and ownership structure

A Group organization to serve 5. customer and market needs

203

39

8

Capital 1.

204 207

3 Strategic drivers for sustainable growth

Ownership structure 2.

49

Stock market/securities market 3. information

210

Allocating resources efficiently to 1. drive Group performance Continuing the Group’s digital 2. transformation Sustainable differentiation through 3. innovation and R&D Developing and adding value to 4. the Saint-Gobain brand

50

Information policy 4.

and financial calendar

215 216

53

Dividends 5.

58

9 Financial and accounting information 2017 Consolidated financial 1. statements

217

62

4 An efficient and responsible Group

218

Statutory Auditors' report on the 2. consolidated financial statements 271 Compagnie de Saint-Gobain 2017 3. annual financial statements (parent company) 276 Statutory Auditors' report on the 4. financial statements 304 Management report Compagnie de 5. Saint-Gobain annual financial statements 308

63

Reference policies 1.

64 68

Operational excellence policies 2. A Group that is committed to the 3. professional growth of its employees The Group’s contribution to 4. environmental, social and societal challenges to achieve a local and inclusive development

80

88

Five year financial summary 6.

310

5 2017 results and outlook for 2018

10 Additional information and cross-reference tables

95

311

Financial results 1.

96

Non-financial results 2.

108

Additional information 1.

312 321 331

CSR information 2.

Cross-reference tables 3.

WWW.SAINT-GOBAIN.COM

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