Investor presentation June 2018 1 Impor ortant nt noti tice - PowerPoint PPT Presentation

Investor presentation June 2018 1

Impor ortant nt noti tice  This Presentation has been prepared by Région Ile-de-France for information only and should not used for any other purpose; it does not constitute and should not be considered or interpreted as an offer to subscribe the notes or as a solicitation of the interest of investors to subscribe the notes as described in the Presentation (the “Notes”) . [The offering and sale of the Notes in France will only be available to qualified investors (excluding individuals) within the meaning of and in compliance with article L. 411-2 of the French Code Monétaire et Financier . The Notes are not intended for public offering in France.]  The Recipient is acting on its own behalf. The Recipient has decided and will decide either alone or with the assistance of the Recipient's own advisers, whether to purchase the Notes, and has evaluated or will evaluate the appropriateness and suitability of an investment in the Notes. Region Ile-de-France advises the Recipients to consult any useful regulatory or contractual documents which the Recipients wish to consult. Investment in the Notes involves financial risk. The Recipient has sufficient knowledge and experience in financial and business matters to analyse and evaluate the merits, suitability and risks of investing in the Notes. The Recipient is capable of bearing the risks relating to its investment in the Notes. The Recipient has made all legal, tax, accounting, regulatory, financial and other assessments it deems relevant in connection with its purchase of the Notes and has conducted its own analysis of the financial situation, business and solvency of the Région Ile-de-France and of the Notes prior to making any investment in the Notes. It is each Recipient's responsibility to confirm that it is authorized to subscribe or invest in the Notes.  Information in this document are indicative and in draft form. They may evolve, be complemented or modified after the date of this document.  This Presentation may not be forwarded or distributed to any other person and may not be reproduced, in whole or in part, in any manner whatsoever without Region Ile-de-France's prior written consent.  The distribution, reproduction or partial reproduction of the Presentation may be restricted by law or regulation in certain countries, and accordingly, this Prsentation should not be distributed or reproduced, even partially, in those countries. Région Ile-de-France does not represent or warrant that the Notes will be lawfully offered in compliance with any applicable registration or other requirements in any such jurisdiction or pursuant to an exemption available thereunder, and does not assume any responsibility for facilitating any offering in any such jurisdiction.  The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “ Sec Securi rities es Act ”) . The Notes may not be offered, sold or delivered, directly or indirectly, within the United States or directly or indirectly to U.S. Persons except in accordance with Regulation S under the Securities Act (“ Reg egulati tion S ”) .  Région Ile-de-France shall not bear any responsibility in the case where a Recipient distributes or makes any use of this Presentation without its authorisation and without the relevant authorities' authorisation in the relevant jurisdictions.  The Recipient agrees and accepts that the Presentation is confidential and must not be disclosed to any third party (except for the Recipient's external advisors on the condition that such external advisors respect the obligation of confidentiality) and must not be reproduced, in a whole or in part, without prior written consent of Région Ile-de-France .

Co Contents ts  A LEADING LOCAL AUTHORITY IN EUROPE  OPERATIONS AND RESPONSIBILITIES  FINANCES  FINANCING STRATEGY AND DEBT MANAGEMENT  A MAJOR PLAYER IN SUSTAINABLE DEVELOPMENT  GREEN AND SUSTAINABILITY FUNDING STRATEGY  A NEW GREEN AND SUSTAINABILITY BOND ISSUE 3

Reg egio ion n Ile-de de-Franc ance, e, a l leading ing local auth thori ority ty in Europe pe • 8 “ départements ” • 1,281 municipalities 4

A dy dynamic ic population ation Regional population distribution by age 35,0% 30,0%  The most densely populated French region, with 12 25,0% 20,0% million inhabitants (as of 1 January 2018) 15,0% 10,0% 5,0% 0,0% 19% of Mainland France’s population in 2% of the  0 to 19 years 20 to 39 40 to 59 60 to 74 75 and above years years years country’s territory (12,012 Km²) Ile-de-France France (as a whole) • Over one child in every five is born in Ile-de-France • Almost 55 % of the Ile de France population is aged under 40 • 23% of France’s total workforce • 2.4% of Europe’s working -age population 5

The e le leadi ding ng eco conomic mic region ion in France in ce  The wealth thies est region on in in France ance: - € 650 billion GDP in 2014 - 30% of France’s GDP - 4.7% of EU-28 ’s GDP  One of of the the hi high ghest GDP DP per er capit capita in in Eur Europe ope ( € 53 53,900 900) One of the main n econo nomi mic c hubs bs in Europ ope, e, and d amongs ngst t the larges est t in the world: ld: - greatest concentration in Europe of the world 500 largest companies’ subsidaries - largest stock of commercial real estate in Europe (53 millions m²) 6

An ext xtreme emely ly attract ctive ive region ion  A highly-qual alified population tion: – 33% of French executives – 40% of France’s research staff in 2013 (including 105,817 paid researchers)  887,750 companies in sectors ranging from high- technology to traditional industrial businesses  A transpo nsportat ation on ne netw twor ork tha hat ranks anks amo among ng the the world’s most develope oped : 200 km of subway lines – – 1,820 km of railways The Plateau de Saclay Campus : one of the world’s leading educational, scientific – 100 km of tramway tracks research, and research and development centres  Paris airport hub Pa hub is is the the larges est hub hub in in Continen ental al Europe  The world’s most visited ed destina nati tion The Upper Chevreuse Valley: Ile de France’s first regional natural park established in 1985, covers an area made of 21 municipalities and 25,000 ha, half of which consist of forests and 7 green spaces

A A multi tifaceted ed terr rritor ory Agriculture land Forestry and natural areas Urban area Wet lands 8

OPERATIONS AND RESPONSIBILITIES 9

How th the re region on operates tes The Chairman man of the Regional al Council: :  Il Ile-de de-Franc nce Regi gion onal al Cou ounc ncil is is co comp mpose osed Elected by the councillors: of 209 of 209 mem member ers. These members are elected - she prepares and implements the using direct democracy for a 6 year mandate. decisions taken by the Regional Council Last elections took place in December 2015. - she authorises expenditures and acts as the signatory power - she manages the Region’s assets  The Regional Council governs the affairs of Ile- - she is head of the regional de-France through its resolutions. administration Future Regional Council, under construction - Saint-Ouen 10

A l large sc scope of re resp sponsib sibili iliti ties es  Trans ansportation tion  Seco condar ndary educati ducation on (inves investing ting in in and and runni running ng 472 72 hig igh sc school hools, s, 500 500,000 000 hi high-sc school hool studen ents) ts) Profes essional sional traini aining ng, apprenticeshi renticeships (82 82,800 800 apprentices rentices), ), and and employm yment nt   Econo nomic ic developm lopmen ent, t, resear arch, h, and and highe her educati ucation on  Envir iron onment, nt, territ rritorial orial developme opment nt Social ial inclus lusion, ion, hous using ing, culture ture and and sport  11

FINANCES 12

Th The pri riori rities ties of th the new managem ement ent • Growth th throu ough inves estm tment ent such as : • An ambitious development and modernisation plan for public transport • A multi-annual plan for high-school buildings A supportive programme for higher education and research • • Promoting econo nomic mic develop lopment ment across the territory • Im Impr prov oving ing en envir vironment nment an and the the qual quality ity of of li life fe : « Every region’s decision must improve the environment and health of its inhabitants » (combating air pollution, reducing energetic operating expenditures … ) Tight ight co contr trol ol over the operating expenditure (e.g. implementation of measures to reduce • costs in the regional administration) to boost investment 13