Cegedim — Net Asset Value 2016

Jul 6, 2016

Boulogne Billancourt, July 6 th , 2016

HALF-YEARLY SUMMARY OF THE LIQUIDITY CONTRACT OF CEGEDIM

In respect of the liquidity contract granted by Cegedim to Kepler Capital Markets SA; on June 30 th , 2016; the following resources were recorded in the liquidity account:

Number of shares: 13,755 Cash: €5,004.12

Note that at the time of the last half-yearly summary on December 31th , 2015; the following resources were recorded in the liquidity account:

Number of shares: 12,963 Cash: €27,024.44