Edenred : Payment of the 2017 dividend

Regulated filing

May 04, 2018

PAYMENT OF THE 2017 DIVIDEND

Timeline and process

At their Annual Meeting yesterday, Edenred shareholders approved the payment of a 2017 dividend of €0.85 per share, with the option of reinvesting 100% of their dividend in new shares. This means that shareholders will receive 100% of the dividend in cash or 100% in new Edenred common shares, at the shareholder's option.

Dividend payment timeline

•  Record date: May 11, 2018.

•  Ex-dividend date: May 14, 2018.

•  Period for exercising the dividend reinvestment option: from May 14, 2018 to the close of business on May 25, 2018. Shareholders that do not exercise their reinvestment option by May 25, 2018 included, will receive their total dividend in cash.

•  Payment date: June 8, 2018 for both payment methods.

Reinvestment procedure

To reinvest their dividend, shareholders must so inform the bank or broker that manages their shares, or, if their shares are registered in the Company's share register, the custodian bank. Shareholders who have not opted to reinvest by May 25, 2018 will receive the entire dividend in cash.

Certain legal restrictions may apply to the reinvestment option for non-resident shareholders. Non-residents of France should enquire about the laws and rules applicable in their country of residence.

The shares created on reinvestment of the dividend will be issued at a price of €24.88, corresponding to 90% of the average of the opening prices quoted for Edenred shares over the twenty trading days on the Euronext Paris preceding the Annual Shareholders Meeting, less the amount of the dividend and rounded up to the nearest euro cent.

The new shares will carry dividend rights from January 1, 2018 and rank pari passu with existing shares of Edenred common stock. They will begin trading in compartment A of the Euronext Paris stock exchange (ISIN: FR0010908533) on June 8, 2018 on the same line as existing shares.

If the amount of the reinvested dividend does not correspond to a whole number of shares, the shareholder may receive the next lower number of shares and the balance in cash.

If all of the eligible dividend is reinvested, a maximum of 8,025,977 new shares would be issued, representing around 3.3% of the Company's share capital and 3.4% of the exercisable voting rights, based on total shares and voting rights outstanding at April 30, 2018.

For additional information,click here to obtain a copy of the detailed guide posted on the Company's website, edenred.com (Investors/Shareholders section).

Disclaimer

This option does not constitute an offer or a solicitation to subscribe to or purchase securities in the United States within the meaning of the U.S. Securities Act of 1933, or in any other country where such transaction would be contrary to the applicable laws and regulations. The dividend reinvestment option is not available in certain countries, such as those where such an option would require registration with, or authorization from, the local securities regulator. Shareholders residing outside France should inquire about and comply with any local restrictions.

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Edenred is the world leader in transactional solutions for companies, employees and merchants, with business volume of more than €26 billion generated in 2017, of which 78% through digital formats. Whether delivered via mobile, online platform, card or paper voucher, all of these solutions mean increased purchasing power for employees, optimized expense management for companies and additional business for partner merchants. Edenred's offer is built around three business lines:

•  Employee benefits (Ticket Restaurant®, Ticket Alimentación, Ticket Plus, Nutrisavings, etc.)

•  Fleet and mobility solutions (Ticket Log, Ticket Car, UTA, Empresarial, etc.)

•  Complementary solutions including Corporate payment (Edenred Corporate Payment), Incentive and rewards (Ticket Compliments, Ticket Kadéos) and Public social programs.

The Group brings together a unique network of 44 million employees, 770,000 companies and public institutions, and 1.5 million merchants.

Listed on the Euronext Paris stock exchange and part of the CAC Next 20 index, Edenred operates in 45 countries, with close to 8,000 employees.

Follow Edenred on Twitter:www.twitter.com/Edenred

The logos and other trademarks mentioned and featured in this press release are registered trademarks of Edenred S.A., its subsidiaries or third parties. They may not be used for commercial purposes without prior written consent from their owners.

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CONTACTS

Media Relations	Investor Relations
Anne-Sophie Sibout	Solène Zammito
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Anne-Sophie Sergent	Loïc Da Silva
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