Sogeclair S.A.

Capital/Financing Update • Jul 3, 2019

Half-Year Statementrelative to the liquidity contract placed with Société de Bourse GILBERT DUPONT

In respect of the liquidity contract placed by SOGECLAIR with Société de Bourse Gilbert Dupont, as of 28 June 2019, the average liquidity account figures stood at:

• Number of shares: 1,842
• Cash balance on the liquidity account: €55,822.53

During the 1st half 2019, it has been trade a total of:

PURCHASE	12,660 equity	€313,545.31	459 transactions
SALE	12,297 equity	€307,491.29	433 transactions

You are reminded that at the time of the yearly statement as of 31 December 2018, the average liquidity account figures stood at:

• Number of shares: 1,479
• Cash balance on the liquidity account: €61,876.55

You are reminded that at the time of the setting up of the liquidity contract, the following means have been made available:

• Number of shares: 3,606
• Cash balance on the liquidity account: €51,114.70

Philippe ROBARDEY President and CEO SOGECLAIR SA with capital of €2,900,000 Headquarters : 7 avenue Albert Durand – CS 20069 – 31700 BLAGNAC (France) Phone : 33 (0)5.61.71.71.71 – www.sogeclair.com 335 218 269 R.C.S. TOULOUSE