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Sanofi Capital/Financing Update 2015

Nov 16, 2015

1643_rns_2015-11-16_33adf548-f103-4241-a715-75c4a449e3c6.pdf

Capital/Financing Update

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Final Terms dated 16 November 20L5

Issue of EUR 260,000,000 1.75 per cent. Notes due 10 September 2026 to be consolidated and form a single series with the existing EUR 1,250,000,000 1.75 per cent. Notes due 10 September 2026 under the Euro 15,000,000,000 Euro MedÍum Term Note Programme

PART ^4, - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the "201.4 Conditions") set forth in the base prospectus dated 27 March 2014. This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive (as defined in the Base Prospectus dated 27 March 2015) and must be read in conjunction with the Base Prospectus dated 27 March 2015 and the Supplements to the Base Prospectus dated 26 May 2015, I September 2015 and l0 November 2015 which together constitute a base prospectus for the purposes of the Prospectus Directive (the "Base Prospectus"), save in respect of the 2014 Conditions which are extracted from the base prospectus dated 27 March 2014 and are incorporated by reference herein. For the avoidance of doubt, the Conditions contained in the Base Prospectus are not incorporated by reference herein. Full information on the Issuer and the offer ofthe Notes is only available on the basis of the combination of these Final Terms, the Base Prospectus and the 2014 Conditions. The Base Prospectus and the Final Terms are available for viewing at Sanofi, 54 rue La Boétie, 75008Paris, France during normal business hours and copies will also be available on the Luxembowg Stock Exchange website fuwwþøaeJù.

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Dealer:

  1. US Selling Restrictions:

Reg. S Compliance Category 2; TEFRA not applicable

  1. Non-exempt Offer:

Not Applicable.

By: Signed on behalfofthe Issuer:

Duly authorised

Olivier KLARIC Vice-President Financing and Treasury SANOFI

PART B - OTHER INFORMATION

1. ADMISSION TO TRÄDING AND LISTING

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Standard & Poor's Credit Market Services Europe Limited ("S&P"): AA

Moody's France S.A.S. ("Moodyrs"): Al

S&P and Moody's are established in the European Union and registered under Regulation (EC) No 1060/2009 (the "CRA Regulation"), as amended. As such S&P and Moody's are included in the list ofcredit rating agencies published by the European Securities and Markets Authority on its website (http ://www. esma. europa.er¡/pase/List-registered-andcertified-CRAs) in accordance with the CRA Regulation.

3. INTERESTS OF NATURÄL AND LEGAL PERSONS INVOLVED IN THE ISSUE

So far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.

4. REASONS FOR THE OFFER

The net proceeds ofthe issue ofthe Notes will be used for the general corporate purposes ofthe Issuer

FÍxed Rate Notes only- YIELD 5

Indication ofyield: 1.655 per ceît. per annum

FloatÍng Rate Notes only - HISTORIC INTEREST RATES 6

Not Applicable.

TERMS AND CONDITIONS OF THE OFT'ER 7

Not Applicable

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8. PLACING AND UNDERWRITING

Not Applicable

9 OPERATIONAL INFOR}IATION

(Ð ISIN Code: (ii) Common Code: Until the Notes are consolidated and form a single Series with the Existing Notes, the Notes will have the temporary ISIN FR0013054046. After that, the Notes will have the same ISIN as the Existing Notes, which is FR00l2l4680l Until the Notes are consolidated and form a single Series with the Existing Notes, the Notes will have the temporary Common Code 132188017. After that, the Notes will have the same Common Code as the Existing Notes, which is tt0774346

(iii) Depositaries:

  • (a) Euroclear France to act as Yes Central Depositary:
  • (b) Common Depositary for No Euroclear Bank and Clearstream Banking, sociétë anonymei
  • (iv) Any clearing system(s) other than Euroclear France, Euroclear Bank SA/NV and Clearstream Banking société anonyme and the relevant identification number(s) : Not Applicable

(v) Delivery: (vi) Names and addresses of initial Paying Agents: Delivery against payment BNP Paribas Securities Services (affiliated with Euroclear France under number 29106) 9, rue Débarcadère 93761 Pantin cedex France

(vii)Names and addresses of additional Paying Agent(s) (if any): Not Applicable

-7 - 189645-4-l -v0.9 3640614721