Elis : Statutory auditors' special report on regulated agreements 2020

Statutory Auditors' special report on regulated

agreements

Annual General Meeting for the approval of the financial

statements for the year ended December 31, 2020

P R I C E W A T E R H O U S E C O O P E R S A U D I T

S I E G E S O C I A L : 6 3 R U E D E V I L L I E R S - 9 2 2 0 0 N E U I L L Y S U R S E I N E

T E L : + 3 3 0 1 5 6 5 7 5 8 5 9

SOCIETE PAR ACTIONS SIMPLIFIEE D'EXPERTISE COMPTABLE ET DE COMMISSARIAT AUX COMPTES CAPITAL DE 2 510 460 € EUROS - RCS Nanterre RCS B 672 006 483

M A Z A R S

S I E G E S O C I A L : 6 1 , R U E H E N R I R E G N A U L T - 9 2 4 0 0 C O U R B E V O I E

T E L : + 3 3 ( 0 ) 1 4 9 9 7 6 0 0 0

SOCIETE ANONYME D'EXPERTISE COMPTABLE ET DE COMMISSARIAT AUX COMPTES A DIRECTOIRE ET CONSEILLANCE DE SURVEILLANCE

CAPITAL DE 8 320 000 EUROS - RCS NANTERRE 784 824 153

Elis

French joint stock corporation (société anonyme) with share capital of

€221,819,430

Registered office: 5, boulevard Louis Loucheur, 92210 Saint-Cloud

RCS: Nanterre 499 668 440

Statutory Auditors' special report on regulated

agreements

Annual General Meeting for the approval of the financial

statements for the year ended December 31, 2020

ELIS

Special report on regulated agreements

Annual General Meeting for the approval of the financial statements for the year ended December 31, 2020

Statutory Auditors' special report on regulated agreements

This is a free translation into English of the Statutory Auditors' special report on regulated agreements issued in French and is provided solely for the convenience of English speaking readers. This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.

To the Shareholders,

In our capacity as Statutory Auditors of Elis, we hereby report to you on regulated agreements.

It is our responsibility to report to shareholders, based on the information provided to us, on the main terms and conditions of agreements that have been disclosed to us or that we may have identified as part of our engagement, as well as the reasons given as to why they are beneficial for the Company, without commenting on their relevance or substance or identifying any undisclosed agreements. Under the provisions of article R.225-58 of the French Commercial Code (Code de commerce), it is the responsibility of the shareholders to determine whether the agreements are appropriate and should be approved.

Where applicable, it is also our responsibility to provide shareholders with the information required by article R.225-58 of the French Commercial Code in relation to the implementation during the year of agreements already approved by the Annual General Meeting.

We performed the procedures that we deemed necessary in accordance with professional standards applicable in France to such engagements.

AGREEMENTS TO BE SUBMITTED FOR THE APPROVAL OF THE ANNUAL GENERAL MEETING

We were not informed of any agreement authorized and entered into during the year to be submitted for the approval of the Annual General Meeting pursuant to the provisions of article L.225-86 of the French Commercial Code.

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ELIS

Special report on regulated agreements

Annual General Meeting for the approval of the financial statements for the year ended December 31, 2020

AGREEMENTS ALREADY APPROVED BY THE ANNUAL GENERAL MEETING

We were not informed of any agreement already approved by the Annual General Meeting which remained in force during the year.

Courbevoie and Neuilly-sur-Seine, March 8, 2021

The Statutory Auditors

M A Z A R S

Isabelle Massa

P R I C E W A T E R H O U S E C O O P E R S

A U D I T

Edouard Sattler

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