Values - source of innovation

Performance

Managers of Eranove and its subsidiaries are incentivised based on a strategic roadmap, aligning their interests with the Group's. Employees of the Group's public service companies hold shares in the Group and/or their company through mutual funds. Africanity Skills African culture permeates Eranove's model, structure and mindset. Mutual aid, The Group is composed of a wide array sharing, solidarity and responsibility are of African skills. Eranove prides itself at the heart of our model, represented on being multicultural, multigeneratio- by a social policy which offers solidarity nal and promoting gender balance and funds, savings and loan co-operatives ongoing skills development. All of these and health insurance for retirement. fundamentals constitute the Group’s best assets.

Rigour

The Group's governance bodies ensure Responsibility that our practices are transparent and precise. Eranove also endorses the The group is mindful of its social and financial rating of its companies, and environmental impact and promotes compliance with international security, ISO 26000-based assessment of its quality, environment and social stan- subsidiaries. dards, primarily the ISO and OHSAS Its approach is based on the transfer of reference frameworks. knowledge and values in order to raise Creativity the awareness of its customers, partners The Group displays suitable and struc- and employees on sustainable develop- tured ongoing progress, creativity and ment issues, to protect the sustainability innovation. Our creativity benefits both of our companies and of our stakehol- customers and employees by bringing ders. them increased satisfaction, ease and security. The keys to success

Highlighting African expertise • Developing skills with the group’s water and training centres • Empowering employees through employee share ownership and a decentralised management system • Motivating and retaining staff with an innovative and effective social policy

Trusting relationships with African States • Bespoke solutions and concepts to provide broader access to essential services • Consideration of contextual and cultural dimensions • Stable and long-term strategic vision

Diversity of funding sources • Equity from Group and subsidiary performance • International institutional investors, development partners of States • Local and regional banks for funds in local currencies

Internationally-renowned technical partners and local partners • Selection of the best partners in line with requirements • Ongoing enhancement of practices and technologies • Private African partners, local representatives for the group development

Societal and environmental standards • Quality, safety and environment (QSE) ISO and OHSAS certifications for ongoing systems enhancement • ISO 26000 Social responsibility (CSR) assessments instilling sustainability values • Ethics frameworks tailored to the specific stakes of each company

An innovative organisation tailored for its activity • Each Group entity develops the internal skills required for its business activity • Eranove is dedicated to its management role, and specifically to defining and tracking strategic future challenges • Development is ensured by project managers stirring the specific internal and external expertise required for each project, in strict compliance with international standards

ERANOVE SA

S.A. with a capital of €9,633,593 - Paris Trade & Companies Register no. 450 425 277 Head office: 4 Rue Saint Florentin - 75001 Paris / Postal address: 39 Boulevard Vauban 78280 Guyancourt - Tel: +33 (0)1 81 88 05 74 / Fax: +33 (0)1 34 98 14 09 www.eranove.com PROVIDING ACCESS TO VITAL SERVICES The Eranove Group

The Eranove Group is a Pan-African platform which manages public services, power and In potable water production. The Eranove Group operates exclusively in Africa. The Eranove Group is an industrial Group head- For Africa quartered in Paris, France, with businesses Through its subsidiaries, the Group provides essential spread throughout the African continent. life services in Africa, where access to water and The Eranove Group develops bespoke and electricity is still too limited. innovative solutions that contribute to By Africa making available vital services of quality to The Eranove Group relies on African talents, skills and the largest number, while meeting the most culture. Eranove’s shareholding encompasses African stringent standards in terms of corporate and capital, through employee share ownership and environmental responsibility. private African capital.

Key data

Emerging Capital Partners 53,3% 8.500+ employees Employees 8,4% 50+ years of presence through its subsidiaries in Africa Managers 6,5% Shareholding

AFRICAN Private Africans 575 M€ AND PRIVATE of Revenues SHAREHOLDING 9,3%

CNPS-CI +38% 4,7% revenue growth in 5 years AXA Entites 17,8% Our Power credentials production

Managing public +1.250 MW 48 % of operated installed capacity of services, power 1 st production operator of electricity plants in Côte d’Ivoire (2/3 of market share) and drinking The Eranove Group aims at expanding in electricity generation to tap into Africa's huge potential in this area. water A number of projects are being studied and developed throughout the continent. According to the World Bank, Sub-Saharan Africa has an installed generation capacity of only 90 gigawatts (GW), less than the capacity of South Korea, while its hydroelectric potential alone is an estimated 300 GW.

OUR CREDENTIALS

• Since 1990 • Côte d’Ivoire • O&M on behalf of the State of Côte d’Ivoire • 604 MW hydroelectricity • 100 MW gaz

• Since 1990 • Côte d’Ivoire • IPP 543 MW • Combined cycle gaz + steam

• Within development • • IPP 42 MW • Hydroelectricity Public service management Public service management for for electricity drinking water and sanitation

1.630.000 ~ 50.000 clients in km of electricity network 1.640.000 433 (+30% vs. 2012) clients in and Ivory Coast million cubic meters of (+24% vs. 2012)) potable water produced

1.648 GWH +198.000 (16% of the production) exported new clients in 2017, widely due 430.000 24.000 towards Ghana, , Benin, Mali, to Electricity for All program clients of sanitation services Km of potable Burkina Faso, Liberia water network

The Eranove Group is promoting innovative electricity Africa's water resources represent untapped potential. access programmes to address the current shortfall. Africa only uses 5.5% of the 3,400 billion cubic metres of According to the IEA World Energy Outlook 2014, around renewable water which it has access to each year (FAO, 620 million people in Sub-Saharan Africa (two thirds of Aquastat 2015), and 319 million Africans (35% of the Africans) still have no access to electricity. population) live with no access to drinking water (WHO/ Unicef). In parallel, technical innovations allow to improve performance, to enhance energy efficiency and to develop The Eranove Group is promoting innovative programmes to customer services. improve access to drinking water, customer services and to optimize resource management.

OUR CREDENTIALS OUR CREDENTIALS

• Since 1990 • Since 1995 • Côte d’Ivoire • Senegal • Electricity public service • Potable Water public management services management

• Since 1950 • Since 2016 • Côte d’Ivoire • Côte d’Ivoire • Potable Water and Sanitation • Energy efficiency public services management

• Since 2013 • Since 2014 • Democratic Republic of Congo • Côte d’Ivoire (DRC) • Optic Fiber • Service contract