HOPSCOTCH NETWORK SAS Germany

SOPEXA S.A., Deutschland

Düsseldorf

Jahresabschluss zum Geschäftsjahr vom 01.01.2013 bis zum 31.12.2013

BALANCE SHEET

ASSETS

PROFIT AND LOSS ACCOUNT (list form)

ANNEX / NOTES

A - Presentation of the activity, accounting methods and particular matters

1. Activity

Sopexa is a company in the French agribusiness sector, which carries on the following activities:

These activities are carried on notably through its foreign subsidiaries.

Revenue reported by the Company is generated from the budgets entrusted by clients, which are managed by marketing or communication action, and from the public service delegation, under which work is performed in the general interest promoting French food culture throughout the world.

Following the decision taken by the French government in 2006 to contract out services for the international promotion of the country's agribusiness sector, a request for proposals was staged that resulted in the public service delegation being awarded to Sopexa for a period of five years from 1 January 2013.

Given that the activities of the branches in New York, Hong Kong, Thailand, Brazil, Canada, India, Japan, Russia and China are now carried on by local subsidiaries, these are excluded from the accompanying financial statements.

2. Accounting policies

The financial statements are presented in accordance with the requirements of French general accounting standards published in 1999, taking into account regulations issued subsequently by the French Accounting Regulation Committee.

The financial statements were prepared applying the following fundamental accounting concepts:

Specific accounting policies are detailed in the notes below dealing with the accounting treatment of the different items of the balance sheet and profit and loss account.

3. Changes of accounting method

None in the year ended 31 December 2013.

4. Significant events in the year ended and since the balance sheet date

Significant events in the year ended:

Further to the request for proposals staged by the French Ministry of Agriculture, Food and Forestry (Ministère de l'Agriculture, de l'Agroalimentaire et de la Forêt - MAAF), Sopexa S.A. was selected for the new public service delegation for the international promotion of French agricultural and food products, which runs for a period of five years from 1 January 2013 until 31 December 2017. A flat-rate amount of €9 million (taxes included) will be received each year in connection therewith.

Events since the balance sheet date:

Sopexa has signed a collaboration agreement for the Milan 2015 Universal Exposition concerning the catering.

Note 27: Off balance sheet commitments

Financial commitments include notably bank guarantees provided by Sopexa to finance providers as a commitment to performing all operations expected of the Company in connection with promotional campaigns agreed to.