Based on the closing price of the EDF share on the regulated market of Euronext Paris ("Euronext Paris ")on 3 March 2017, the theoretical value of the Right is 0 77 euro (it being reminded that this value may fluctuate during the Rights trading period, in particular depending on the evolution of EDF's ex- right share price), and the theoretical value of the ex- right share is 8 92 euros.