7

OLIVIER GINON CHAIRMAN OF GL EVENTS

MESSAGE FROM THE CHAIRMAN

Revenue in 2014 grew 16% to reach 939.4 million, accompanied by a 34.7% rise in operating profit. This performance included growth of 7% in France and 25% in interna- tional markets. Exceeding forecasts, these figures confirm the solidity of our Group and relevance of its integrated organisation. They also highlight a steady forward momentum that has resulted in 30% growth over the last five years.

Important organisational changes These performances are the result of substantive in-depth work accomplished by our teams. They are also a consequence of the maturity of our businesses and a focus on operating profitability. They have furthermore been supported by important organisa- tional changes involving the consolidation and redefinition of boundaries in order to respond to market needs, as in the example of Sirha whose content has evolved and that is pursuing its expansion into new countries. International markets in particular are a key focus of these organisational efforts as the destinations of choice for staging the major events representing our core business. The Football World Cup that marked the year or COP 20, a major event of planetary importance, represent such examples. Both were held in Latin America where we are bolstering our presence through major initiatives such as the integration of the São Paulo Imigrantes Exhibition Centre that, very symbolically, changed its name to São Paulo Expo, asserting in this way its position as a top-tier venue in the South American continent.

Bringing people together Another growth driver in France and international markets, our network of venues is continuing to expand, as major meeting places like World Forum of The Hague or Palais Brongniart are added. By acquiring an equity stake in Strasbourg Événements, we have also added an excellent reference in the European capital: with a renovated convention centre and exhibition park, we are now able to propose a venue for exchange and meet- ings adapted to the challenges of this Eurometropolis. With continuing growth momentum sustained by core strengths, the outlook for the year ahead is promising: we will for example be a stakeholder in the Expo Milano 2015 world s fair with feeding the planet as a core theme These developments confirm and reinforce our position as a major international refer- ence in the event industry. We are fortunate in being supported by talented people and resources contributing to the process of imagining and building the events of tomorrow through new tools, different formats, etc.

Responsible, agile and dedicated Being an industry leader also entails responsibilities and duties to stakeholders, the environment, communities. Our commitment to sustainable development nourishes our business lines and activities. This is reflected today by a strong system of corporate gov- ernance and well-structured CSR strategy. Responsibility, agility, dedication, engagement: GL events 4,000 employees will remain focused on these requirements by joining their forces to ensure that 2015 fulfils the promise of 2014 and remains on track for lasting and profitable growth.