2017 REGISTRATION DOCUMENT

BOURBON 2017 Registration Document 215 OTHER LEGAL AND FINANCIAL INFORMATION Information regarding the Company 6 By way of exception to the above, where the beneficial owner and/ or the bare owner benefit, with respect to their shares, from the provisions on partial exemption provided for by Article 787B of the French General Tax Code and they so state on the account in which their rights are recorded, the voting right belongs to the beneficial owner for decisions concerning the appropriation of net income and to the bare owner for all other decisions. 1.16 DOUBLEVOTING RIGHTS All fully paid-up shares held in registered form for at least two years in the name of the same shareholder benefit from double voting rights, in accordance with the Law of March 29, 2014. In accordance with the law, any share converted into bearer form or with respect to which ownership is transferred loses the double voting right, except in the case of transfer by inheritance, liquidation of community property between spouses, or in vivos gift to a spouse or relative in the direct line of succession, or of transfer due to a merger or spinoff of the shareholder company holding the shares with double voting rights. 1.17 LIMITATIONS ONVOTING RIGHTS There are no limitations on voting rights. 1.18 PARENT COMPANY-SUBSIDIARY RELATIONS BOURBON Corporation SA is a holding company; the financial flows with its subsidiaries correspond mainly to the dividends paid by them. As of December 31, 2017, the figures for the parent company, BOURBON Corporation, and its main subsidiaries are listed below: Consolidated amounts (except dividends) (in € millions) Bourbon Offshore Surf Sonasurf Internacional Ship. Bourbon Offshore Interoil Ship. Bourbon Ships AS Bourbon Supply Invest. Bourbon Supply Asia Bourbon Maritime Financière SNC BOURBON Corporation SA (listed company) Revenues 65.3 189.3 69.7 10.5 0.2 2.8 - - - Net property, plant and equipment 52.9 0.0 0.1 97.9 245.2 1.4 7.8 - - Financial debt (excl. Group) 1.2 0.2 - 24.0 54.5 0.0 826.7 95.7 1.4 Cash and cash equivalents - 25.2 0.1 0.9 (0.5) 0.5 0.1 92.0 0.2 Dividends paid during the year returning to the listed company - - - - - - 50.1 - - 3 for operating companies: Bourbon Offshore Surf, Sonasurf Internacional Shipping, Bourbon Offshore Interoil Shipping Navegação, Bourbon Ships AS and Bourbon Supply Asia, which alone account for 43% of the Group’s revenue. The Group’s remaining revenue is generated by 37 operating companies; 3 for shipowning companies: Bourbon Offshore Surf, Bourbon Ships AS, Bourbon Supply Investissements and Bourbon Supply Asia represent 21% of the Group’s net property, plant and equipment. The other property, plant and equipment are owned by 126 companies, shipowning being the sole activity (mainly tax vehicles) for 78 of them; 3 for financing companies: Bourbon Offshore Surf, Bourbon Ships AS, Bourbon Supply Investissements, Bourbon Maritime and Financière SNC hold a little over 62% of the Group’s debt. The remaining financial debt is carried by 59 companies, shipowning being the sole activity (mainly tax vehicles) for 32 of them. In general, transactions between members of the Group are managed by the centralized cash-clearing house, the subsidiary Financière Bourbon.