DISCOVER THE WORLD OF REXEL 34

PERFORMANCES

CONSOLIDATED INCOME STATEMENT

In millions of euros - As of December 31 2017 2016 Sales 13,310.1 13,162.1

Cost of goods sold (10,045,9) (9,989,3)

Gross profit 3,264.2 3,172.8

Distribution and administrative expenses (2,688.9) (2,651.8)

Operating income before other income and expenses 575.3 521.0

Other income 7.1 5.6

Other expenses (260.1) (129.5)

Operating income 322.3 397.0

Financial income 2.3 2.0

Interest expense on borrowings (91.9) (104.3)

Non-recurring redemption costs (18.8) (16.3)

Other financial expenses (37.6) (27.7)

Net financial expenses (145.9) (146.3)

Net income from continuing operations 176.4 250.7

Income tax (71.5) (116.4)

Net income / (loss) 104.9 134.3

Portion attributable:

To the equity holders of the parent 105.8 137.9

To non-controlling interests (0.9) (3.6)

Earnings per share:

Basic earnings per share (in euros) 0.35 0.46

Fully diluted earnings per share (in euros) 0.35 0.46

The above tables are excerpts from the 2017 Registration document and are fully available on page 214 and following.