T A B L E O F I N D I C A T O R S

IN 2020

THE MAXIMUM PERCENTAGE OF SHARES

THAT A MEMBER OF

THE SUPERVISORY BOARD MUST

HOLD IN A COMPANY WISHING

TO ENTER INTO A CONTRACT WITH

SOCIÉTÉ DU GRAND PARIS

5%Public authority prerogatives Société du Grand Paris benefits from

certain public authority prerogatives to

build the Grand Paris Express.

It will not operate the new metro; this will

be the responsibility of a network operator.

Financing for the project is guaranteed over

the long term by the government and relies

heavily on taxation through the underwriting

of loans that will be amortised until 2070.

Société du Grand Paris therefore has

no shareholder and is not active in the

competitive marketplace.

ACTION 10 Have independent governance bodies

Société du Grand Paris is led by a Management Board under the authority of a supervisory

board made up of government representatives and local elected officials. Its members

must abide by clearly defined ethical rules to prevent the risks of corruption and conflicts

of interest.

Management Board

The Chairman of the Management Board must submit a declaration of assets and interests

to the High Authority for Transparency in Public Life within two months of taking office.

Supervisory Board

Each member must submit a declaration of interests to the government’s commissioner

(the prefect of the Île-de-France region) at the beginning of his or her term of office and at each

change of position. No contract between Société du Grand Paris and an entity of which a member

of the Supervisory Board or Management Board is a director as defined by the Commercial

Code may be entered into without the authorisation of the Supervisory Board, unless the

agreement is an ordinary transaction under normal market conditions. Furthermore, members

of the Supervisory Board involved in a conflict of interest during the consideration of a resolution

must not take part in the discussion or vote.

Audit and Commitments Committee

The Audit and Commitments Committee is responsible for issuing opinions and comments

to inform the Supervisory Board of the investment, audit, internal control, and risk management

policy of Société du Grand Paris, as well as its budget, finance, and accounting management.

It also verifies the independence of the statutory auditors. The members of the Audit and

Commitments Committee must report any conflicts of interest. Should any such conflict arise,

they must refrain from taking part in the committee’s work on the issues in question.

The chairman of the committee may take any necessary measures to prevent such risks.

Rules laid down by law The rules governing the composition,

structure and operation of Société du

Grand Paris are set out in the Grand Paris

Act 2010-597 of 3 June 2010.

An implementing decree issued by

the Council of State and published in the

Official Journal 2010-756 of 7 July 2010

defines the composition of its governance

bodies, the conditions and procedures for

appointing their members, and their powers.

F O C U S 4

RISKS AND CHALLENGES

2020 ACTIVITY

CSR APPROACH

Actions

IDENTITY