CORPORATE GOVERNANCE 3.8.5 Changes in share capital The table below shows changes in the share capital of Rexel over the last three years, as of the date of the present Registration document. NOMINAL CUMULATIVE NUMBER AMOUNT NOMINAL OF SHARES OF CAPITAL AMOUNT OF CUMULATIVE NOMINAL TRANSACTION ISSUED/ INCREASE/ SHARE/MERGER SHARE NUMBER OF VALUE PER SETTLEMENT DATE TRANSACTION CANCELLED REDUCTION (€) PREMIUM (€) CAPITAL (€) SHARES SHARE (€) February 11, 2015 Share capital 10,900 54,500 N/A 1,460,027,880 292,005,576 5 increase further to the exercise of share subscription options May 4, 2015 Share capital 5,289 26,445 N/A 1,460,054,325 292,010,865 5 increase further to the final vesting of free shares May 13, 2015 Share capital 761,061 3,805,305 N/A 1,463,859,630 292,771,926 5 increase further to the final vesting of free shares July 1, 2015 Share capital 8,955,801 44,779,005 82,482,927.21 1,508,638,635 301,727,727 5 increase further to the scrip dividend distribution voted by Rexel’s shareholders’ meeting of May 27, 2015 July 1, 2015 Share capital 109,181 545,905 N/A 1,509,184,540 301,836,908 5 increase further to the final vesting of free shares July 27, 2015 Share capital 5,835 29,175 N/A 1,509,213,715 301,842,743 5 increase further to the final vesting of free shares July 28, 2015 Share capital 7,500 37,500 N/A 1,509,251,215 301,850,243 5 increase further to the final vesting of free shares October 12, 2015 Share capital 13,735 68,675 N/A 1,509,319,890 301,863,978 5 increase further to the final vesting of free shares February 10, 2016 Share capital 7,400 37,000 N/A 1,509,356,890 301,871,378 5 increase further to the exercise of share subscription options May 2, 2016 Share capital 1,300 6,500 N/A 1,509,363,390 301,872,678 5 increase further to the final vesting of free shares REXEL 2017 – REGISTRATION DOCUMENT 152