COMBINED ANNUAL GENERAL MEETING OF MAY 11, 2017

The Annual General Meeting approved the parent-company and consolidated financial statements for FY 2016 and decided to distribute a dividend of €1.72 per share, an increase of 11.7% on 2016 in respect of FY 2015. As in previous years, the dividend was supplemented by a loyalty bonus of 10% for shareholders having held registered shares for over two years. The ex-dividend date was May 16 and the dividend was paid on May 18, 2017.

The Annual General Meeting also largely approved all the resolutions submitted, notably:

• The reduction in size and change in composition of the Board of Directors so as to include a salaried director and a salaried director representing the employee shareholders, while respecting the objectives on the proportion of women directors (46%) and independent directors (one-third). Subsequent to the Annual General Meeting of May 11, 2017, the Board of Directors is composed of 13 members and will be composed of 14 members following the appointment of the salaried director by the Group Committee in the six months following the Annual General Meeting;
• The reappointment for a four-year period of Yseulys Costes and FFP Invest, represented by Bertrand Finet, replacing Christian Peugeot;
• The ratification of the appointment of Delphine Bertrand, replacing Tristan Boiteux, who has stepped down, for a one-year period;
• The appointment of Brigitte Forestier as director representing the employee shareholders, for a four-year period;
• Changes to the by-laws.

Thierry de La Tour d’Artaise thanked Laure Thomas, Bruno Bich, Tristan Boiteux, Pascal Girardot and Christian Peugeot for their commitment to and involvement in the Board of Directors for several years, having stepped down to enable the recomposition of the Board.