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COVED SAS au capital de 23 000 000 Euros Siège social : 9 avenue Didier Daurat-31400 TOULOUSE 343 403 531 RCS Toulouse

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Issy-les-Moulineaux, 18 July 2016

Coved becomes the first environmental services company to

calculate its own Local Footprint® for all of France Consultancy Utopies has used its Local Footprint® model to study the socio-economic footprint of Coved throughout France. This national footprint provides an insight into the overall impacts imposed by Coved's business activities, and is supplemented by thirteen regional footprints highlighting the specific impacts on the regions of France. This is the first time that such a survey has been conducted at national level by an environmental services company. As the waste management subsidiary of the Saur Group, Coved was keen to learn the socio-economic impacts of its business in France. So it commissioned a Local Footprint® survey from consultants Utopies in February this year focusing on the company's overall activity in 2014, and on its thirteen operating regions individually (Bourgogne Champagne Ardenne, Alsace Lorraine Franche-Comté, Rhône-Alpes Auvergne, Sud Est, Béarn Landes, Midi-Pyrénées, Hérault, Estuaire, Centre, Ouest, Normandie, Ile-de-France and Nord). In overall terms, Coved injects €330 million into the national economy, supporting 8,200 full-time equivalent jobs and contributing €500 million to French GDP. In addition to the 2,700 direct jobs it provides, Coved also supports a further 5,500 jobs through its purchases, the salaries it pays and its tax liabilities. In other words,for every direct job, Coved also supports 2 additional jobs in France; a multiplier effect of 3. The survey results also show that for every €1 generated by Coved, an additional €2.50 is generated elsewhere in the French economy; a multiplier effect of 3.5. The survey uses the data gathered to include the indirect socio-economic effects resulting from expenditure with Tier 1 suppliers, and then simulates the knock-on effects of this expenditure through the supplier chain indexed by industry sector and French region. It also estimates the consequential socio-economic effects related to household consumption (made possible by the expenditure of Coved employees and Tier 1-15 suppliers) and public authority expenditure (made possible by the taxes paid by Coved and its Tier 1-15 suppliers). "It's important for Coved to accurately measure the impact of its business activities at regional level. What we buy, the taxes we pay, the employees we pay and the parts of our business we subcontract are all objective indicators of the local presence we see as our most important priority", explains Coved CEO Sylvain Joannon. Press contacts : Agence FTI Consulting Astrid Villette Tél. 01 47 03 69 51 - 06 74 91 48 05 - Astrid.villette@fticonsulting.com

About Coved: The Saur Group waste management core business operates through its subsidiary company Coved to provide expertise in every aspect of waste collection, from the cleansing of public spaces to waste sorting, processing, storage and recycling. Key figures for 2014: 3,000 employees, 5 million residents served, 1 million tonnes of waste collected annually, and 2.4 million tonnes of waste processed. €340m revenue. http://www.saur.com/index.php/nos-metiers/proprete

THE REGIONAL SOCIO-ECONOMIC FOOTPRINT of Coved in France

As a local stakeholder with regional roots, Coved supports local

authorities and industrial companies in managing, recycling and

recovering value from their waste through the use of circular economy recovering value from their waste through the use of circular

economy models. By sharing the value it creates, Coved supports

the economic vibrancy of regions in terms of creating and/or the economic vibrancy of regions in terms of creating

and/or maintaining jobs across a broad range of

business sectors, as well as in terms of generating business sectors, as well as in terms of

generating economic wealth.

Coved employees

injected into the economy (purchases + salaries + tax)

Th taxes and duties paid by Coved and its esuppliers help to fund public-sector expenditure.

jobs supported through public-sector expenditure

The purchases made by Coved business activities support employment throughout the supplier chain

By spending the income they receive, Coved's employees and suppliers encourage the local economy through their direct consumption.

jobs supported throughout the supplier chain

jobs supported through household consumption

jobs in France

Every direct job at Coved supports 2 more jobs in France

€1 of added value (GDP) created by Coved generates €2.5 of GDP in the rest of the national economy

in GDP generated in France

In overall terms, the total amount of €330 million injected into the national economy by Coved maintains or creates 8,200 full-time equivalent jobs and contributes €500 million to French GDP (including €140 million in Coved direct added value).

To conduct this survey, Coved called on the expertise of Utopies, a consulting firm specialising in the measurement of socio-economic footprints, and designer of the LOCAL FOOTPRINT® modelling system. Through its highly realistic representation of how the economy works, LOCAL FOOTPRINT® can estimate the socio-economic effects initiated by the economic flows generated by Coved business activity. This study was conducted using business data from 2014.

26 % Other sectors of economic activity

34 % Waste

treatment, recycling

and recovery

16 % Public services

(healthcare, government,

education, etc.)

3 % Civil engineering and construction

activity

3 % Wholesale business

4 % Transport and

logistics

4 % Employment-related

services

5 % Insurance,

legal services, accountancy

and other head office services

5 % Property

and rents