COMBINED SHAREHOLDERS’ MEETING OF MAY 24, 2018 CURRENT AUTHORIZATIONS AUTHORIZATIONS PROPOSED TO THE SHAREHOLDERS’ MEETING OF MAY 24, 2018 DATE OF THE GM TERM MAXIMUM RESOLUTION TYPE OF DELEGATION (NO. OF (DATE OF AUTHORIZED USE NO. TERM MAXIMUM AMOUNT RESOLUTION) EXPIRY) AMOUNT Determination of May 23, 2017 26 months 10% of share N/A N/A N/A N/A price of issuances (resolution 26) (July 22, capital at the date carried out by way 2019) of the decision of public offering of the Board referred to in section of Directors II of Article L.411-2 of determining the the French Monetary issue price per year and Financial Code, This maximum to with cancellation be deducted from of the preferential the maximum that subscription right, up applies to the initial to a maximum of 10% issuance, as well as of the share capital from the maximum per year provided for by resolution 22 Issuance of up to 10%May 23, 2017 26 months 10% of the share N/A N/A N/A N/A of the share capital (resolution 27) (July 22, 2019)capital as at in consideration for the date of the contributions in kind decision of the Board of Directors This maximum to be deducted from the maximum amounts provided for by resolutions number 22 and 23 6 Capital increase May 23, 2017 26 months €200,000,000 N/A N/A N/A N/A by capitalization of (resolution 30) (July 22, 2019)(i.e., 40,000,000 share premiums, shares) reserves, profits or This maximum not other items that may to deducted from be capitalized any maximum 6.2 TEXT OF THE DRAFT RESOLUTIONS I. Resolutions submitted to the Ordinary reflected in such financialstatements and Shareholders’ Meeting summarized in these reports. First resolution The financial statements show a profit of €14,281,260.91. (Approval of the annual financial statements for the In accordance with the provisions of Article 223 quater financial year ended December 31, 2017) of the French General Tax Code, the Shareholders’ The Shareholders’ Meeting, deciding under the Meeting approved the global amount of the costs quorum and majority requirements for ordinary and expenses referred to under Article 39-4 of the shareholders’ meetings, French General Tax Code which stood at €9,996 for the closed financial year, corresponding to an Having reviewed the reports of the Board of assumed corporation tax amounting to €3,941. Directors and of the Statutory Auditors on the annual financial statements for the financial year Second resolution ended December 31, 2017, (Approval of the consolidated financial statements Approved the annual financial statements, i.e., the for the financial year ended December 31, 2017) balance sheet, the income statement and the notes The Shareholders’ Meeting, deciding under the thereto, for the financial year ended December 31, quorum and majority requirements for ordinary 2017, as presented to it, as well as the transactions shareholders’ meetings, REXEL 2017 – REGISTRATION DOCUMENT 323