CORPORATE GOVERNANCE Thus, in case of annual performance criteria satisfied: • from July 1, 2009 (regime 2), 1.00% per year of activity period as Chief Executive Officer should service for the range between 4 and 20 PASS • be taken into consideration for the calculation of (“the Annual Social Security limit”) and 0.5% per seniority; year of service for the range between 20 and compensation received in respect of the duties 40 PASS. • of Chief Executive Officer shal lbe taken in The reference compensation used to calculate the consideration to calculate the additional pension additional pension is equal to the average of the equal to the average of the three highest calendar three highest calendar years of gross compensation years of gross compensation. received for the period in which the potential The additional pension under this plan is equal to the beneficiary can justify seniority and eligibility. product of the reference compensation, the years of This commitment was not executed for the financial seniority and an annual acquisition factor described year ended December 31, 2017. above: •before July 1, 2009 (regime 1), 2.5% per year of service; Paris-La Défense and Neuilly-sur-Seine, April 3, 2018 The Statutory Auditors French original signed by KPMG Audit PricewaterhouseCoopers Audit Department of KPMG S.A. Valérie Besson Jean-Marc Discours Christian Perrier Amélie Wattel 3.3.3.2 Special reports of the Statutory Auditors December 31, 2015, are set out in the Registration in relation to the related party agreements for document fi led with theAutorité des marchés 2016 and 2015 financiers on March 31, 2017, under number D.17- The special reports of the statutory auditors of 0272, and in the Registration document filed with Rexel in relation to the related party agreements the Autorité des marchés financiers on April 7, 2016, for the financial year ended December 31, 2016, and under number D.16-0299. REXEL 2017 – REGISTRATION DOCUMENT 122