16 GL EVENTS | COMPANY REPORT 2014 | KEY FIGURES

2014, CONTINUING GROWTH Revenue in 2014 reached 939 million, up from 809.1 million the prior year, or overall growth of 16.1% and 25% growth in international markets. This excel- lent performance is consistent with an established track record of continuing growth. Outperforming development by the markets, it highlights the posi- tive forward momentum driving performances by all Group entities. This in turn builds value by generat- ing inter-business synergies as well confirming the pertinence and solidity of its integrated business model.

The Group continued to focus efforts on adjusting costs and improving productivity. In response, the operating margin rose to 7.1 % from 6.1% one year earlier. Operating profit totalled 66.7 million and EBITDA stood at 104.8 million.

In addition to the line up of recurrent events and trade shows, revenue in the period was also bolstered by a number of world-class events: FIFA World Cup, the COP 20 environmental conference in Peru, the Glas- gow Commonwealth Games, the FEI World Cup finals in Lyon (dressage and show jumping), Equita, the G20 summit of Brisbane Other factors contributing to these results included: strengthening and expanding bases of operations in Latin America (+57% for sales in Brazil in BRL, opening subsidiaries in Peru and Chile); rolling out an exclusive concept of modular sta- diums produced in La Rochelle, Aix en Provence, Castres and Lyon.

Performances by the three strategic business units, Live, Exhibitions and Venues As a provider of events services, GL events Live reg- istered strong momentum in the year, driven by the World Football Cup in Brazil. On that basis, its rev- enue reached 529.6 million, with operating profit of 39.7 million and an operating margin of 7.5%. The business unit also registered strong growth in Turkey (22%)

With a portfolio of more than 300 proprietary trade affairs, GL events Exhibitions revenue trends from one year to the next reflect the biennial effect of the most important events such as Sirha, held in odd years. Reflecting this cyclical profile, revenue in 2014 amounted to 143.2 million. In relation to a compara- ble period of 2012, revenue was up 5.3% with a good performance in terms of the operating profit and margin that remained stable.

GL events Venues, the business unit in charge of event venues, contributed significantly to growth with sales of 226.6 million, driven in particular by the performances of the Barcelona and Paris ven- ues. Also noteworthy was the positive momentum for The Hague and Brussels.

Revenue bolstered by major world-class events.

KEY FIGURES ANALYSIS