Saint Gobain - Registration document 2016

9 FINANCIAL AND ACCOUNTING INFORMATION

3. Compagnie de Saint-Gobain annual financial statements (parent company)

Environmental related litigation 20.3 PFOA matters in the United States private wells near current Saint-Gobain Performance Plastics advisories have been found in municipal water systems and Environmental Protection Agency (EPA) or state health Levels of PFOA (perfluorooctanoic acid) in excess of U.S. (New Hampshire), and two former facilities in North (SG PPL) facilities in Hoosick Falls (New York) and Merrimack Bennington (Vermont) in the United States. PFOA and PTFE contained traces of PFOA. purchases from third party suppliers and which in the past these plants. SG PPL is a processor of PTFE which it (polytetrafluorethylene) have never been manufactured by Bennington areas, and installed carbon filtration systems on residents and businesses in the Hoosick Falls and North communities, installed point-of-entry treatment systems to SG PPL has voluntarily provided bottled water in all three the municipal water supply in Hoosick Falls. In addition, it has communities in the Merrimack area. The investigations are voluntarily committed to fund water line extensions in certain these sites has not yet been established. Responsibility, if any, from environmental remediation and clean-up obligations at on-going and the scope of responsibility for SG PPL arising

is expected to be shared with other parties as regards in

particular the Hoosick Falls’ site.

additional litigation will be brought against SG PPL. the timing or outcome of any such litigation, or whether any in the form of proposed class actions. It is difficult to predict New York, New Hampshire and Vermont, some of which are economic damages claims have been filed in civil courts in PFOA-related lawsuits alleging both health-related and and various costs. in the amount of USD 23 million in connection with defense On December 31, 2016, the Company established a provision Other proceedings and disputes 20.4 authorities. Apart from the proceedings and litigation other claims made by their employees or by the tax Some of the Group’s companies may also be the subject of Company and/or the Group might be threatened) which (including pending proceedings or proceedings where the other government, court or arbitration proceedings exist described above, to the best of the Company’s knowledge no Company and/or Group. significant impact on the financial or profit position of the could have or which has had, in the last twelve months, a

NOTE 21

SUBSEQUENT EVENTS

No material events have occurred since the balance sheet date.

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SAINT-GOBAIN - REGISTRATION DOCUMENT 2016