BREXIT: DESPITE POSSIBLE FAVORABLE IMPACT FOR FRANCE, MOST INVESTORS DO NOT PLAN TO TRANSFER BRITISH ENTITIES In your opinion, what will be the impact Following Brexit, does your group of Brexit on the activity of your envisage the transfer (partial or total) company in France (level of of some of your British entities investment, revenue and employment)? to France? “The perception of change is strong and there is a positive contrast in favor of France due to a contested American President, Brexit, etc.” Managing Director, Logistics & Supply Chain “The opportunity generated by Brexit has put Paris in a good position, even if fiscal and legal rigidity serves it badly.” Head of operations, Legal Note : in percentage of respondents, (*) In 2016, the answers to the question were: ‘Very positive’, ‘Positive’, ‘No impact’, ‘Negative’, ‘Unsure’ 34 Source : AmCham-Bain Barometer, Bain analysis