INVESTMENTS 2019 - 2021

in M 2019 2020 2021 New Grand Palais 15.3 11.9 42.2 Other work at the Grand Palais 1.7 0.1 0.0 IT 2.9 2.8 1.8 Shops 0.4 0.1 0.2 Digital, audiovisual and Photo Agency 0.4 1.6 0.3 Other buildings 0.7 0.6 0.5 Total 21.4 17.1 45.0

INCOME STATEMENT PER ACCOUNT

in M 2020 performance 2021 performance

OPERATING INCOME 76.3 130.3 Turnover (70)1 38.9 47.6 Inventoried production (71) 0.5 -0.1 Capitalised production (72) 1.6 1.7 Subsidies and sponsorship acquisitions 0.0 0.0 Operating subsidy 20.6 62.9 Other subsidies and sponsorship 5.3 4.9 Other proceeds (75) 7.7 11.2 Miscellaneous (79) 1.8 2.1

OPERATING EXPENSES 110.9 124.9 Purchases (60) 13.6 18.1 External services (61+62) 24.7 39.6 Taxes except social (63) 1.7 1.3 Personnel charges (63+64) 50.3 50.3 Other charges, Acquisitions (657) 0.0 0.0 Other charges (65) excluding Acquisitions 8.9 6.3 Provisions for impairments net of reversal 15.4 11.3 Provisions net of reversal (68 - 78) -3.6 -2.0

OPERATING INCOME -34.6 5.4 Financial, exceptional and tax 0.5 -0.1 NET PROFIT -34.1 5.3

Net Cash Flow -23.5 17.6 1With the exception of a portion of photo agency revenue reported under account 75

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