31SUEZ

1. DYNAMIC ACTION PLANS IN SUPPORT OF SYNERGIES AND PERFORMANCE The transformation of SUEZ requires maximum integration between its water, recycling and recovery activities: this will be strengthened in 2018 in the areas of research programmes, implementing shared technologies, generating commercial synergies and pooling central functions. This is particularly the case in Spain and France, where the goal is to intensify the momentum of development and profitability. The Group also intends to continue benefiting from operational synergies with the energy activities of the ENGIE Group, illustrated recently by the decision to set up solar PV installations at all the storage centres managed by SUEZ in France.

The digital transformation of business lines and their integration into the processes of the circular economy are ways of optimising operational

performance: geolocation, computerising inbound costs, optimising collection rounds but also energy efficiency, positive-energy treatment units and increasing renewable energy production capacity reduce both costs and carbon footprint. Process industrialisation combined with improvements in procurement efficiency and reductions in general and administrative costs led to long-term net savings of 150 million euros in 2017, in line with the target, enabling a programme of cost savings amounting to 200 million euros a year to be adopted for the period 2018-2020.

All these developments require strengthened support for staff, including explanations of the strategy, intensified training provision and internal mobility processes.

Increasing our agility, capitalising fully on the synergies between our activities, building new digital businesses (marketplace, smart city) this is the full meaning of the transformation we are driving forward in 2018.

JEAN-YVES LARROUTUROU SUEZ SENIOR EXECUTIVE VP IN CHARGE OF GROUP S TRANSFORMATION AND GENERAL SECRETARY, RESPONSIBLE FOR LARGE INDUSTRIAL ACCOUNTS

2. INNOVATION FOR A LOW-CARBON FUTURE In 2017, the Group invested 92 million euros in Research and Development. The goal is to prepare for the future of the SUEZ Group's activities at the heart of an innovation ecosystem consisting of its own researchers and the international community of scientists and start-ups.

ISABELLE CALVEZ DIRECTOR OF HUMAN RESOURCES

Our employees are the primary contributors to the resource revolution: we aim both to develop their skills in line with the transformation of our activities and to facilitate their societal commitment.

AN ACCELERATED STRATEGY FOR THE RESOURCE REVOLUTION

TWO STRATEGY BOOSTERS