SOLOCAL_Registration Document_2017

FINANCIAL STATEMENTS 6.2 Annual financial statements for the financial years ended 31 December 2016 and 2017

In an audit carried out in accordance with the standards of professional practice applicable in France, the Statutory Auditor exercises their professional judgement throughout this audit. In addition: the auditor identifies and assesses the risks that the annual financial statements include material misstatements, whether these l originate from fraud or are the result of errors, defines and implements audit procedures to deal with these risks, and collects the documentary evidence that they deem sufficient and appropriate to form their opinion. The risk of not detecting a material misstatement originating from fraud is higher than that of failing to detect a material misstatement resulting from an error, as fraud may involve collusion, falsification, deliberate omissions, false statements or bypassing internal audit; the auditor takes note of the internal control system relating to the audit in order to define audit procedures that are appropriate in the l circumstances, and not with the aim of expressing an opinion on the effectiveness of internal audit; they assess the appropriateness of the accounting methods adopted and the reasonableness of accounting estimates made by l management, as well as information concerning these provided in the annual financial statements; the auditor assesses the appropriateness of the application by management of the going concern accounting principle and, according to l the elements collected, the existence or otherwise of significant uncertainty related to events or circumstances likely to compromise the Company’s ability to continue operations. This assessment is based on the evidence collected up to the date of his report, it being recalled, however, that later events could compromise the continuity of operations. If the auditor concludes that significant uncertainty exists, they draw the attention of readers of their report to the information supplied in the annual financial statements on the subject of this uncertainty or, if this information is missing or inadequate, issues a qualified or disclaimer opinion; they assess the overall presentation of the annual financial statements and whether these reflect the underlying transactions and events l so as to give a true and fair view of the Company. Report to the Audit Committee We present a report to the Audit Committee, which outlines the scope of the audit work and the work program implemented, as well as the conclusions arising from our work. We also bring to its notice, where appropriate, any significant weaknesses of internal control that we have identified with respect to the procedures relating to the preparation and processing of accounting and financial information. Among the items disclosed in the report to the Audit Committee are, where applicable, the risks of material misstatement which we consider to have been most important for the audit of the annual financial statements for the year and which therefore represent the key audit matters which it is our responsibility to describe in this report. We also provide the Audit Committee with the declaration stipulated by Article 6 of (EU) rule No. 537-2014 confirming our independence within the meaning of the rules applicable in France as laid down in particular by the Articles L. 822-10 to L. 822-14 of the French Commercial Code and in Code of Ethics of the audit profession. If necessary, we discuss with the Audit Committee the risks to our independence and the safeguards applied.

1

2

3

4

5

6

Paris-La Défense and Neuilly-sur-Seine, on 20 April 2018 The Statutory Auditors,

7

AUDITEX

BEAS

Member of the Ernst & Young Global Limited network

An entity of the Deloitte network

Vincent de La Bachelerie

Joël Assayah

8

227

2017 Registration Document SOLOCAL