2023 universal registration document

• We verified that the Statement presents the business model and a description of the main risks associated with the activities of all the consolidated entities, including where relevant and proportionate, the risks associated with their business relationships, their products or services, as well as their policies, measures and the outcomes thereof, including key performance indicators associated to the main risks.
• We referred to documentary sources and conducted interviews to:
  • assess the process used to identify and confirm the main risks as well as the consistency of the outcomes, including the key performance indicators used, with respect to the main risks and the policies presented; and
  • corroborate the qualitative information (measures and outcomes) that we considered to be the most important, presented in Appendix 1. Concerning certain risks or information (human resources, environment, health and safety, human rights, social, etc.), our work was carried out on the consolidating entity, while for other risks, our work was carried out on the consolidating entity and on a selection of entities.
• We verified that the Statement covers the consolidated scope, i.e. all companies within the consolidation scope in accordance with Article L. 233-16 of the French Commercial Code, with the limits specified in the Statement.
• We obtained an understanding of internal control and risk management procedures implemented by the Entity and assessed the data collection process aimed at ensuring the completeness and fairness of the Information.
• For the key performance indicators and other quantitative outcomes that we considered to be the most important listed in Appendix 1, we implemented:
  • analytical procedures that consisted in verifying the proper consolidation of collected data as well as the consistency of changes there to;
  • tests of details, using sampling techniques, in order to verify the proper application of definitions and procedures and reconcile the data with supporting documents. This work was carried out on a selection of contributing entities presented in Appendix 2 and covers between 21% and 30% of the consolidated data selected for these tests;
• We assessed the overall consistency of the Statement in relation to our knowledge of all the consolidated entities.

The procedures performed in a limited assurance review are less in extent than for a reasonable assurance opinion in accordance with the professional guidelines of the French National Institute of Statutory Auditors (Compagnie Nationale des Commissaires aux Comptes) ; a higher level of assurance would have required us to carry out more extensive procedures.