2017 REGISTRATION DOCUMENT

BOURBON 2017 Registration Document 94 MANAGEMENT REPORT 3 BOURBON Corporation and its shareholders 7. BOURBON CORPORATION AND ITS SHAREHOLDERS 7.1 SHARE CAPITAL AND SHAREHOLDER BASE As at January 1, 2017, the first day of the fiscal year, the share capital of BOURBON Corporation amounted to €48,493,096 divided into 76,342,603 fully paid-up shares. The share capital as at December 31, 2017 was €49,227,780, divided into 77,499,214 shares of the same class and representing 94,234,057 (1) theoretical voting rights (94,106,917 (1) voting rights for the Shareholders’ Meeting, the difference corresponding to the number of shares held by the Company). Therefore, the breakdown of the BOURBON Corporation shareholder base as at December 31, 2017 was as follows: Shareholder Number of shares % of capital stock Number of shares and % of theoretical voting rights*** Number of shares and % of actual voting rights*** Jacques de Chateauvieux & related companies* 40,886,122 52.76% 41,176,212 43.70% 41,176,212 43.75% Henri de Chateauvieux & related companies** 6,187,422 7.98% 12,318,602 13.07% 12,318,602 13.09% Total Collectively 47,073,544 60.74% 53,494,814 56.77% 53,494,814 56.84% Monnoyeur 4,398,813 5.68% 4,398,813 4.67% 4,398,813 4.67% Treasury shares 127,140 0.16% 127,140 0.13% 0 0.00% Employees 594,329 0.77% 594,329 0.63% 594,329 0.63% Public 25,305,388 32.65% 35,618,961 37.80% 35,618,961 37.85% TOTAL 77,499,214 100.00% 94,234,057 100.00% 94,106,917 100.00% * Jacques de Chateauvieux & related companies: JACCAR Holdings SA + Cana Tera S.C.A. + Jacques de Chateauvieux ** Henri de Chateauvieux & related companies: Mach-Invest SAS + Mach-Invest International + Henri de Chateauvieux. *** Application of Law No. 2014-384 of March 29, 2014 to restore the real economy (the “Florange Law”) as from April 3, 2016: registered shares held for more than two years receive double voting rights. 7.2 DIVIDENDS PAID FOR THE LAST THREE FISCALYEARS We remind you that the dividends distributed for the last three years were as follows: Number of shares at the end of the fiscal year Net dividend per share (1) (in €) Total amount distributed (2,3) (in €) 2014 74,559,688 1.00 71,579,994 2015 71,606,331 1.00 71,204,986 2016 76,342,603 0.25 18,972,748 (1) Dividend eligible for the 40% tax deduction applicable to individual (non-corporate) shareholders who are French tax residents, as provided for in Article 158-3-2° of the French General Tax Code. (2) Treasury shares do not carry entitlement to dividends. (3) of which €10,502,027 paid in shares (1) Application of Law No. 2014-384 of March 29, 2014 to restore the real economy (the “Florange Law”) as from April 3, 2016: registered shares held for more than two years receive double voting rights.