Values - source of innovation Performance Skills The Group is composed of a wide array of African skills. Eranove prides itself on being multicultural, multigenerational and promoting gender balance and ongoing skills development. All of these fundamentals constitute the Group s best assets. Managers of Eranove and its subsidiaries are incentivised based on a strategic roadmap, aligning their interests with the Group's. Employees of the Group's public service companies hold shares in the Group and/or their company through mutual funds. Africanity African culture permeates Eranove's model, structure and mindset. Mutual aid, sharing, solidarity and responsibility are at the heart of our model, represented by a social policy which offers solidarity funds, savings and loan co-operatives and health insurance for retirement. Responsibility The group is mindful of its social and environmental impact and promotes ISO 26000-based assessment of its subsidiaries. Its approach is based on the transfer of knowledge and values in order to raise the awareness of its customers, partners and employees on sustainable development issues, to protect the sustainability of our companies and of our stakeholders. Creativity The Group displays suitable and structured ongoing progress, creativity and innovation. Our creativity benefits both customers and employees by bringing them increased satisfaction, ease and security. Rigour The Group's governance bodies ensure that our practices are transparent and precise. Eranove also endorses the financial rating of its companies, and compliance with international security, quality, environment and social standards, primarily the ISO and OHSAS reference frameworks.
The keys to success Highlighting African expertise Developing skills with the group s water and electricity training centres Empowering employees through employee share ownership and a decentralised management system Motivating and retaining staff with an innovative and effective social policy Trusting relationships with African States Bespoke solutions and concepts to provide broader access to essential services Consideration of contextual and cultural dimensions Stable and long-term strategic vision Diversity of funding sources Equity from Group and subsidiary performance International institutional investors, development partners of States Local and regional banks for funds in local currencies Internationally-renowned technical partners and local partners Selection of the best partners in line with requirements Ongoing enhancement of practices and technologies Private African partners, local representatives for the group development Societal and environmental standards Quality, safety and environment (QSE) ISO and OHSAS certifications for ongoing systems enhancement ISO 26000 Social responsibility (CSR) assessments instilling sustainability values Ethics frameworks tailored to the specific stakes of each company An innovative organisation tailored for its activity Each Group entity develops the internal skills required for its business activity Eranove is dedicated to its management role, and specifically to defining and tracking strategic future challenges Development is ensured by project managers stirring the specific internal and external expertise required for each project, in strict compliance with international standards ERANOVE SA S.A. with a capital of 9,633,593 - Paris Trade & Companies Register no. 450 425 277 Head office: 4 Rue Saint Florentin - 75001 Paris / Postal address: 39 Boulevard Vauban 78280 Guyancourt - France Tel: +33 (0)1 81 88 05 74 / Fax: +33 (0)1 34 98 14 09 www.eranove.com
PROVIDING ACCESS TO VITAL SERVICES
The Eranove Group The Eranove Group is a Pan-African platform which manages public services, power and potable water production. The Eranove Group is an industrial Group headquartered in Paris, France, with businesses spread throughout the African continent. The Eranove Group develops bespoke and innovative solutions that contribute to making available vital services of quality to the largest number, while meeting the most stringent standards in terms of corporate and environmental responsibility. In Africa The Eranove Group operates exclusively in Africa. For Africa Through its subsidiaries, the Group provides essential life services in Africa, where access to water and electricity is still too limited. By Africa The Eranove Group relies on African talents, skills and culture. Eranove s shareholding encompasses African capital, through employee share ownership and private African capital. Key data 8.500+ employees 50+ years of presence through its subsidiaries in Africa 575 M of Revenues AFRICAN AND PRIVATE SHAREHOLDING Employees 8,4% Managers 6,5% Private Africans 9,3% Shareholding Emerging Capital Partners 53,3% +38% revenue growth in 5 years CNPS-CI 4,7% AXA Entites 17,8%
Our credentials Managing public services, power production and drinking water +1.250 MW of operated installed capacity Power production 48 % of hydroelectricity 1 st operator of electricity plants in Côte d Ivoire (2/3 of market share) The Eranove Group aims at expanding in electricity generation to tap into Africa's huge potential in this area. A number of projects are being studied and developed throughout the continent. According to the World Bank, Sub-Saharan Africa has an installed generation capacity of only 90 gigawatts (GW), less than the capacity of South Korea, while its hydroelectric potential alone is an estimated 300 GW. OUR CREDENTIALS Since 1990 O&M on behalf of the State of Côte d Ivoire 604 MW hydroelectricity 100 MW gaz Since 1990 IPP 543 MW Combined cycle gaz + steam Within development Mali IPP 42 MW Hydroelectricity
Public service management for electricity Public service management for drinking water and sanitation 1.630.000 clients in Ivory Coast (+30% vs. 2012) ~ 50.000 km of electricity network 1.640.000 clients in Senegal and Ivory Coast (+24% vs. 2012)) 433 million cubic meters of potable water produced 1.648 GWH (16% of the production) exported towards Ghana, Togo, Benin, Mali, Burkina Faso, Liberia +198.000 new clients in 2017, widely due to Electricity for All program 430.000 clients of sanitation services 24.000 Km of potable water network The Eranove Group is promoting innovative electricity access programmes to address the current shortfall. According to the IEA World Energy Outlook 2014, around 620 million people in Sub-Saharan Africa (two thirds of Africans) still have no access to electricity. In parallel, technical innovations allow to improve performance, to enhance energy efficiency and to develop customer services. Africa's water resources represent untapped potential. Africa only uses 5.5% of the 3,400 billion cubic metres of renewable water which it has access to each year (FAO, Aquastat 2015), and 319 million Africans (35% of the population) live with no access to drinking water (WHO/ Unicef). The Eranove Group is promoting innovative programmes to improve access to drinking water, customer services and to optimize resource management. OUR CREDENTIALS OUR CREDENTIALS Since 1990 Electricity public service management Since 1995 Senegal Potable Water public services management Since 2016 Energy efficiency Since 1950 Potable Water and Sanitation public services management Since 2014 Optic Fiber Since 2013 Democratic Republic of Congo (DRC) Service contract