Archives of the Capital Ownership (tables)

As of December 31, 2017 As of December 31, 2016 As of December 31, 2015 As of December 31, 2014

Capital Ownership as of December 31, 2017

--- Number of shares Capital ownership Voting rights(a)
Mutuelles AXA(b) 342,767,775 14.13% 23.97%
Treasury shares held directly by the Company 41,395,855 1.71% (1.45%)(c)
Treasury shares held by Company subsidiaries (directly and indirectly)(d) 413,421 0.02% (0.01%)(c)
Employees and agents 129,418,305 5.34% 6.88%
General public 1,911,240,395 78.81% 67.69%
Total 2,425,235,751(e) 100% 100%
(a) In this table, voting rights’ percentages are calculated on the basis that all outstanding ordinary shares are entitled to voting rights, notwithstanding the fact that certain of these shares may be deprived of voting rights by law or otherwise (for example, treasury shares are deprived of voting rights under French law). (b) AXA Assurances IARD Mutuelle (11.26% of capital ownership and 19.10% of voting rights) and AXA Assurances Vie Mutuelle (2.88% of capital ownership and 4.88% of voting rights). (c) These shares will be entitled to vote when they cease to be treasury shares (e.g. upon their sale or other transfer to an unaff iliated third party). (d) Treasury shares as indicated in Note 13 “Shareholders’ equity and minority interests” in Part 5 - “Consolidated Financial Statements” of this Annual Report. (e) Source: Euronext Notice of January 8, 2018.

To the best of the Company’s knowledge, only one shareholder, BlackRock Inc., acting on behalf of its clients and funds that it manages, held more than 5% of the Company’s share capital or voting rights on December 31, 2017.

Certain of the Company’s shares are entitled to double voting rights as described in Section 6.3 “General information – Voting rights” of this Annual Report. Of the Company’s 2,425,235,751 outstanding ordinary shares on December 31, 2017, 434,422,341 shares entitled their holders to double voting rights as of that date.

Capital Ownership as of December 31, 2016

--- Number of shares Capital ownership Voting rights(a)
Mutuelles AXA(b) 342,767,775 14.13% 23.93%
Treasury shares held directly by the Company 5,463,201 0.23% (0.19%)(c)
Treasury shares held by Company subsidiaries (directly and indirectly)(d) 450,272 0.02% (0.02%)(c)
Employees and agents 138,280,839 5.70% 7.40%
General public 1,938,187,043 79.92% 68.47%
Total 2,425,149,130(e) 100% 100%
a) In this table, voting rights’ percentages are calculated on the basis that all outstanding ordinary shares are entitled to voting rights, notwithstanding the fact that certain of these shares may be deprived of voting rights by law or otherwise (for example, treasury shares are deprived of voting rights under French law). (b) AXA Assurances IARD Mutuelle (11.26% of capital ownership and 19.06% of voting rights) and AXA Assurances Vie Mutuelle (2.88% of capital ownership and 4.87% of voting rights). (c) These shares will be entitled to vote when they cease to be treasury shares (e.g. upon their sale or other transfer to an unaffi liated third party). (d) Treasury shares as indicated in Note 13 “Shareholders’ equity and minority interests” in Part 5 – “Consolidated Financial Statements” of this Annual Report. (e) Source: Euronext Notice of January 5, 2017.

To the best of the Company’s knowledge, only one shareholder, BlackRock Inc., acting on behalf of its clients and funds that it manages, held more than 5% of the Company’s share capital or voting rights on December 31, 2016.

Certain of the Company’s shares are entitled to double voting rights as described in Section 6.3 “ General information – Voting rights” of this Annual Report. Of the Company’s 2,425,149,130 outstanding ordinary shares on December 31, 2016, 439,734,569 shares entitled their holders to double voting rights as of that date.

Capital Ownership as of December 31, 2015

--- Number of shares Capital ownership Voting rights(a)
Mutuelles AXA(b) 342,767,775 14.13% 23.82%
Treasury shares held directly by the Company 1,491,713 0.06% (0.05%)(c)
Treasury shares held by Company subsidiaries (directly and indirectly)(d) 493,206 0.02% (0.02%)(c)
Employees and agents 149,192,517 6.15% 8.11%
General public 1,932,513,031 79.64% 68.00%
Total 2,426,458,242(e) 100% 100%
(a) In this table, voting rights' percentages are calculated on the basis that all outstanding ordinary shares are entitled to voting rights, notwithstanding the fact that certain of these shares may be deprived of voting rights by law or otherwise (for example, treasury shares are deprived of voting rights under French law). (b) AXA Assurances IARD Mutuelle (11.25% of capital ownership and 18.97% of voting rights) and AXA Assurances Vie Mutuelle (2.87% of capital ownership and 4.85% of voting rights). (c) These shares will be entitled to vote when they cease to be treasury shares (e.g. upon their sale or other transfer to an unaffiliated third party). (d) Treasury shares as indicated in Note 13 to the "Consolidated Financial Statements" included in Part 4 of the Annual Report. (e) Source: Euronext Notice of January 8, 2016.

To the best of the Company’s knowledge, only one shareholder, BlackRock Inc., acting on behalf of its clients and funds that it manages, held more than 5% of the Company’s share capital or voting rights on December 31, 2015.

Certain of the Company’s shares are entitled to double voting rights as described in Part  5 – “Certain additional information”  – “Voting rights” Section of this Annual Report. Of the Company’s 2,426,458,242 outstanding ordinary shares on December 31,  2015, 451,416,537 shares entitled their holders to double voting rights as of that date.

Capital Ownership as of December 31, 2014

--- Number of shares Capital ownership Voting rights(a)
Mutuelles AXA(b) 342,767,775 14.03% 23.61%
Treasury shares held directly by the Company 49,719 0.00% (0.00%)(c)
Treasury shares held by Company subsidiaries (directly or indirectly)(d) 533,576 0.02% (0.02%)(c)
Employees and agents 162,596,043 6.66% 8.86%
General public 1,936,329,564 79.29% 67.51%
Total 2,442,276,677(e) 100% 100%
(a) In this table, voting rights' percentages are calculated on the basis that all outstanding ordinary shares are entitled to voting rights, notwithstanding the fact that certain of these shares may be deprived of voting rights by law or otherwise (for example, treasury shares are deprived of voting rights under French law). (b) AXA Assurances IARD Mutuelle (11.18% of capital ownership and 18.81% of voting rights) and AXA Assurances Vie Mutuelle (2.86% of capital ownership and 4.80% of voting rights). (c) These shares will be entitled to vote when they cease to be treasury shares (e.g. upon their sale or other transfer to an unaffiliated third party). (d) Treasury shares as indicated in Note 13 to the "Consolidated Financial Statements" included in Part 4 of the Annual Report. (e) Source: Euronext Notice of January 14, 2015.

To the best of the Company's knowledge, no shareholder held more than 5% of the Company's share capital or voting rights on December 31, 2014 except as indicated in the table above.

Certain of the Company's shares are entitled to double voting rights as described in Part 5 - "Certain additional information" - "Voting rights" Section of the Annual Report. Of the Company's 2,442,276,677 outstanding ordinary shares on December 31, 2014, 461,523,534 shares entitled their holders to double voting rights as of that date.