Compagnie de Saint-Gobain

Capital/Financing Update • Apr 4, 2019

FINAL TERMS

MIFID II PRODUCT GOVERNANCE/ PROFESSIONAL INVESTORS AND ECPS ONLY TARGET MARKET - Solely for the purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only, each as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all channels for distribution of the Notes to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the Notes (a "distributor") should take into consideration the manufacturer's target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and determining appropriate distribution channels.

4 April 2019

Compagnie de Saint-Gobain

Legal entity identifier (LEI): NFONVGN05Z0FMN5PEC35

EUR 70,000,000 1.875% Notes due 15 March 2031 (the "Notes") to be consolidated and form a single series with the existing EUR 750,000,000 1.875% Notes due 15 March 2031 issued on 15 March 2019 (the "Tranche 1 Notes") and the EUR 124,000,000 1.875% Notes due 15 March 2031 issued on 26 March 2019 (the "Tranche 2 Notes"), and together with the Tranche 1 Notes, the "Existing Notes")

under the EUR 15,000,000,000 Medium Term Note Programme

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base Prospectus dated 13 July 2018 and supplements to it dated 24 August 2018 and 27 February 2019 which together constitute a base prospectus (the "Base Prospectus") for the purposes of the Prospectus Directive (Directive 2003/71/EC) (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. The Base Prospectus and any supplement(s) thereto will be published electronically on the website of the London Stock Exchange Group plc at http://www.londockes.change.com/croations/nake-evs/make-ever-home.hml. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus.

• 1. (i) Series Number: 43
  2. (ii) Tranche Number: 3
• 1. Specified Currency: Euro ("EUR")
• 1. Aggregate Nominal Amount of Notes admitted to trading:

	(i)	Series:	EUR 944,000,000
	(ii)	Tranche:	EUR 70,000,000
ব		Issue Price:	102.193% of the Aggregate Nominal Amount of the Tranche plus EUR 75,307.38 accrued interest (representing 21 days of accrued interest) for the period from, and including, 15 March 2019 to, but excluding, the Issue Date.
5.	(i)	Specified Denominations:	€100,000 and higher integral multiples of €100,000 in excess thereof
	(ii)	Calculation Amount:	€100,000
6.	(i)	Issue Date:	5 April 2019
	(ii)	Interest Commencement Date:	15 March 2019
7.		Maturity Date:	15 March 2031
8.		Interest Basis:	1.875% Fixed Rate (further particulars specified below)
9.		Redemption/Payment Basis:	Redemption at par
10.	Change of Interest Basis:		Not Applicable
11.	Put/Call Options:		Not Applicable
12.	Date(s) of relevant corporate authorisations for issuance of Notes:		21 February 2019 (Board Authorisation) and 22 March 2019 (Decision to Issue)

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

13.	Fixed Rate Note provisions	Applicable
(1)	Rate(s) of Interest:	1.875%, per annum payable in arrear on each Interest Payment Date
(ii)	Interest Payment Date(s):	15 March in each year commencing on 15 March 2020 up to, and including, the Maturity Date, in each case in accordance with the Following Unadjusted Business Day Convention.

(111)	Fixed Coupon Amount(s):	EUR 1,875 per Calculation Amount
(iv)	Broken Amount(s):	Not Applicable
(v)	Day Count Fraction:	Actual/Actual (ICMA)
(vi)	Determination Date(s):	15 March in each year
(VII)	Range Accrual:	Not Applicable
14.	Floating Rate Note provisions	Not Applicable
15.	Range Accrual Notes	Not Applicable
16.	Inflation Linked Notes provisions	Not Applicable
17.	Zero Coupon Note provisions	Not Applicable

PROVISIONS RELATING TO REDEMPTION

18.	Call Option:	Not Applicable
19.	Put Option:	Not Applicable
20.	Final Redemption Amount
(1)	Fixed Rate Notes, Floating Rate Notes and Zero Coupon Notes:	At par
(11)	Inflation Linked Redemption: Not Applicable
21.	Early Redemption Amount of each Note payable on redemption for taxation reasons or on event of default or other early redemption:	At par

GENERAL PROVISIONS APPLICABLE TO THE NOTES

22.	Form of Notes:	Bearer Notes:
		Temporary Bearer Global Note exchangeable for a Permanent Bearer Global Note which is exchangeable for Definitive Notes only upon an Exchange Event
23.	New Global Note ("NGN")	Yes
24.	Financial Centre(s):	TARGET
25.	Talons for future Coupons to be attached to Definitive Notes (and	No

dates on which such Talons mature):

1. Redenomination: Not Applicable

Signed on behalf of the Issuer:
By: __________________________________________________________________________________________________________________________________________ -- Adil BELMESDOUB Duly authorised 9

PART B - OTHER INFORMATION

1. LISTING AND ADMISSION TRADING

(1)	Admission to trading:	Application is expected to be made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the London Stock Exchange with effect from the Issue Date.
		The Existing Notes are already listed and admitted to trading on the London Stock Exchange.
(11)	Estimate of total expenses related to admission to trading:	£3,375

2. RATINGS

Ratings:

The Notes to be issued are expected to be rated: S & P: BBB (stable) Moody's: Baa2 (stable)

3. ISSUE

Save as discussed in "Subscription and Sale and Transfer and Selling Restrictions", so far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer. HSBC Bank plc and its affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

4. YIELD (Fixed Rate Notes only)

Indication of yield:

1.67084%

The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.

5. OPERATIONAL INFORMATION

ISIN Code:	XS1962571011
Common Code:	196257101
FISN/s:	Not Applicable
CFI code/s	Not Applicable

Book-entry clearing systems	Euroclear Bank S.A./N.V.
Delivery: Names and addresses of additional Not Applicable Paying Agent(s) (if any):	Delivery against payment
which would allow Eurosystem eligibility:	Intended to be held in a manner Yes. Note that the designation "yes" simply means that the Notes are intended upon issue to be deposited with one of the International Central Securities Depositaries ("ICSDs") as common safekeeper, and does not necessarily mean that the Notes will be recognised as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem either upon issue or at any or all times during their life. Such recognition will depend upon the ECB being satisfied that the Eurosystem eligibility criteria have been met.

6. DISTRIBUTION

U.S. Selling Restrictions:	TEFRA D
Stabilisation Manager(s) (if any):	Not Applicable