2015 ESSENTIALS

OUR BUSINESS ACTIVITIES FOCUS ON THE LONG TERMWE ARE A MULTI-LOCAL AND MULTI-CULTURAL GROUPOUR GOAL IS ALL-ROUND PERFORMANCE

WHO WE ARE

2015

ESS

ENTI

ALS

2

3

VINCI is a global player in concessions and construction, employing more than 185,000 people in some 100 countries.

We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all.

Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner.

And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.

Our goal is to build long-term value in this way for our customers, shareholders, partners and employees, and for society at large.

2014 REVENUE

€38.7 billion

2014 OPERATING INCOME FROM ORDINARY ACTIVITIES

€3,642 million

NET INCOME ATTRIBUTABLE TO OWNERS OF THE PARENT

€2,486 million

ORDER BOOK AT END 2014

€27.9 billion

MARKET CAPITALISATION AT END 2014

€26.9 billion

FOR COMPANIESFOR LOCAL GOVERNMENTFOR REGIONSFOR END USERS

WHAT WE DO

2015

ESS

ENTI

ALS

5

4

CONCESSIONSVINCI AUTOROUTESWe have 4,386 km of motorway under concession in France. We invest in extending and upgrading this network, which is used by more than 2 million customers a day who receive a high quality of service.

VINCI AIRPORTSWe operate 23 airports in Portugal, France and Cambodia, which together handle a total of almost 47 million passengers a year. Our policy of proactive operation and development of new routes, passenger traffic, retail and services contributes to the sustainable development and attractiveness of the regions where our airports are located.

OTHER CONCESSIONSWe operate 20 road infrastructure assets all over the world, comprising some 1,000 km of motorways, together with almost 1,300 km of urban roads.

CONTRACTINGVINCI ENERGIESWe serve public authorities and business clients in around 50 countries, helping them to deploy, equip, operate and optimise their energy, transport and communication infrastructure, industrial facilities and buildings.

EUROVIAWe are a world leader in transport infrastructure works (roads, motorways, rail and light rail systems), urban development and services (road system management and maintenance). We operate a network of quarries and industrial production facilities (binder and coating plants).

VINCI CONSTRUCTIONWe are a major global player in construction, operating in some 100 countries. We deliver a comprehensive array of capabilities in building, civil engineering, hydraulic engineering and contracting-related specialities (ground technologies, structures, nuclear, oil and gas infrastructure).

REVENUE 2014 (in € millions)

VINCI AUTOROUTES

4,755VINCI AIRPORTS

717OTHER CONCESSIONS

351VINCI ENERGIES

9,309EUROVIA

8,188VINCI CONSTRUCTION

15,419

IMPROVING DAILY LIFE FACILITATING MOBILITYRESPONDING TO PERFORMANCE AND SAFETY CHALLENGESCONTRIBUTING TO THE DEVELOPMENT OF REGIONS

WHAT DRIVES US

2015

ESS

ENTI

ALS

7

6

TAKING FULL ADVANTAGE OF AIR TRAFFIC GROWTHIn 2014, 46.8 million passengers were handled through the 23 airports managed by VINCI Airports in Portugal, Cambodia and France. This represents growth of 9.1% compared with 2013, with record performances set in Portugal and Cambodia.

PARTICIPATING IN ECONOMIC DEVELOPMENT Under the first PPP won by VINCI in the United States, the contract to finance, build, operate and maintain a motorway link between Indiana and Kentucky includes the construction of a cable-stayed bridge spanning the Ohio River. VINCI, in an alliance with Walsh, brings its expertise in concessions along with the technical know-how of its speciality businesses.

2015

ESS

ENTI

ALS

9

8

SAFEGUARDING ELECTRICITY GRIDSVINCI Energies teams are working on improving the reliability of eight 400 kV transformers and maintaining 863 km of very high voltage transmission lines serving Saudi Arabia, Qatar, Bahrain, Kuwait and the United Arab Emirates. Monthly checks are scheduled and full inspections carried out every two years.

COORDINATING A MONUMENTAL WORKSITEThe confinement shelter for the sarcophagus of the nuclear reactor at Chernobyl in Ukraine is being built by the Novarka consortium, lead by VINCI Construction Grands Projets. The project calls on the VINCI Group’s expertise in major international projects. In 2017, this colossal arch-shaped structure will cover the entire sarcophagus and will eventually make it safe to dismantle the reactor.

2015

ESS

ENTI

ALS

11

10

INNOVATING FOR SAFETY AND THE ENVIRONMENTThe 35 researchers at Eurovia’s research and development centre in Mérignac, France, conduct 6,000 tests a year. Around 20 projects are initiated every year, very often in collaboration with universities, international institutions and industrial companies.The centre has so far filed 160 patents.

MAKING ENERGY ACCESSIBLEIn the Yamal Peninsula in Russia, 400 km beyond the polar circle, Entrepose and VINCI Construction Grands Projets are providing engineering, equipment supply, construction and commissioning of four liquefied natural gas tanks, each with a capacity of 160,000 cubic metres.

2015

ESS

ENTI

ALS

13

12

RAISING AWARENESS OF RESPONSIBLE DRIVING In 2014, the VINCI Autoroutes Foundation for Responsible Driving continued its work to raise driver and general public awareness to road risks, particularly those related to drowsiness and inattentiveness. Numerous operations were organised during the year, for example encouraging drivers to take a break at “siesta spaces”.

WHERE WE OPERATE

UNITED STATESIn Georgia, USA, Eurovia’s subsidiary Hubbard Construction is continuing work on widening the Northwest Corridor in Atlanta. This extensive project involves adding reversible express lanes alongside the I-75 and I-575 interstate highways.

CHILEThe Escondida mine, the biggest opencast copper mine in the world, has awarded VINCI Construction’s specialist subsidiaries the contract to build seawater intakes and outfalls. Delivery is scheduled for first quarter 2016.

READ ABOUT OTHER PROJECTS ON VINCI.COM

2015

ESS

ENTI

ALS

15

14

OVER 100 COUNTRIES 2,100 COMPANIES

€38,703 M REVENUE IN 2014FRANCE23,936EUROPE (EXCL. FRANCE)9,245AMERICAS1,888AFRICA1,718RUSSIA, ASIA-PACIFIC AND MIDDLE EAST1,916

185,293 EMPLOYEES IN 2014FRANCE100,952EUROPE (EXCL. FRANCE)49,003AMERICAS11,481 AFRICA11,063RUSSIA, ASIA-PACIFIC AND MIDDLE EAST12,794

GERMANYThe entire section of the A9 that has been widened over 19 km and upgraded over 27.5 km to three-lane dual carriageway was opened at the end of 2014. Under a PPP, VINCI Concessions financed the work and will now provide operation and maintenance for 20 years.

In October 2014, the Louis Vuitton Foundation designed by the architect Frank Gehry and built by VINCI and its partners, was opened in Paris. It was immediately acknowledged as the new trendsetter for contemporary art and creation.

EGYPTAt a site 250 km to the north of Luxor, VINCI Construction Grands Projets is building the new Assiut Barrage under a contract with the Egyptian government. The dam will regulate the route of the Nile and provide irrigation and electricity production.

QATARIn Doha, QDVC, the joint subsidiary of Qatari Diar and VINCI Construction Grands Projets, is building the metro line that will link the airport to the city’s historic district of Msheireb, as well as a 47 km motorway on the outskirts of the capital. QDVC is also building the light rail system for the new city of Lusail.

CAMBODIAVINCI Airports began implementing an €80 million investment programme in 2013 that will practically double capacity at the airports of Phnom Penh and Siem Reap, near Angkor. By 2016, both airports will be able to handle 5 million passengers a year.

FRANCE At the end of 2014, the

massive South Europe Atlantic high-speed line project entered into its rail works phase. VINCI and its partners have until mid-2016 to build 302 km of two-track line between Tours and Bordeaux.

TO EARN THEIR CONFIDENCE AND BUILD LONG-TERM RELATIONSHIPS

OUR COMMITMENTS TO OUR PROJECT STAKEHOLDERS

2015

ESS

ENTI

ALS

17

16

CREATING COLLECTIVE VALUE The performance of our companies is not limited to their economic and financial results. The projects that we take on are often in the public interest and transform the cities and regions where they are implemented. This responsibility to our workforce, to society as a whole and to the environment is embraced in two complementary principles.

REDUCE THE ENVIRONMENTAL IMPACT OF OUR PROJECTS AND ENSURE THAT THE SOCIOECONOMIC EFFECTS OF OUR ACTIVITIES ON COMMUNITIES AND REGIONS ARE LONG-LASTING

IMAGINE, IN CONJUNCTION WITH THE STAKEHOLDERS IN OUR ACTIVITIES, THE MOST EFFICIENT SOLUTIONS AGAINST THE BACKDROP OF AN ECONOMY OF SCARCITY

Written into our Manifesto, these principles form the foundation of our corporate social responsibility approach and commit us to entering into dialogue with all the stakeholders involved in our business activities.

We promote outreach and consultation in conducting our projects to ensure that our partners are closely involved.

We commit to total transparency on our practices and those of our subcontractors.

CODE OF ETHICS AND CONDUCT: DIRECT RECIPIENTS WHO HAVE ACKNOWLEDGED RECEIPT

95.4%

IN A SHARING APPROACH FOR THEIR SAFETY AND EMPLOYABILITY

OUR COMMITMENTS TO OUR EMPLOYEES

2015

ESS

ENTI

ALS

19

18

SAFETYWe reject the idea that workplace accidents are unavoidable and we commit to the zero accidents objective by applying our health and safety policy to everyone working at our worksites and operations.

DIVERSITY AND EQUALITYWe commit to diversifying our supervisory staff to include more women and people of diverse origins through a policy that aims to combat all forms of discrimination in recruit-ment and work relations.

SUSTAINABLE CAREERSWe commit to proposing training and job mobility opportunities for all our employees in order to promote sustainable employability, while contributing to sharing the same technical and managerial culture in order to support our businesses’ evolution.

SHARING THE BENEFITS OF OUR PERFORMANCEWe commit to ensuring that every VINCI employee is given an opportunity, wherever possible, to share in our economic success by adjusting to the legal and fiscal conditions of all countries where we operate.

TRAINING PROVIDED IN 2014

23% in VINCI academies or under other internal programmes

3.17 million hours

PERCENTAGE OF COMPANIES WITH NO LOST-TIME ACCIDENTS

58%in 2010

69%in 2014

18%

20142015 target

20%

15%

2010

PERCENTAGE OF WOMEN MANAGERS

34%in 2004

60%in 2014

PERCENTAGE OF VINCI EMPLOYEE SHAREHOLDERS (IN 24 COUNTRIES)

TODAY AND TOMORROW

OUR COMMITMENTS TO SOCIETY

2015

ESS

ENTI

ALS

21

20

CIVIC ENGAGEMENT We commit to supporting the civic engage-ment of our employees, especially through the Group’s foundations around the world. The foundations’ actions combine financial support with the commitment of employees who sponsor non-profit projects to aid access to employment, housing and mobility.

GREEN GROWTH We commit to reducing our greenhouse gas emissions by 30% by 2020, to supporting our customers in their quest for better energy efficiency and to encouraging their adoption of an environmentally responsible approach.

We develop our own eco-design tools in liaison with the scientific community, in particular through a partnership with the three ParisTech schools under the framework of the Eco- design of Buildings and Infrastructure Chair.

We are continuing our work on addressing urban issues through the Fabrique de la Cité (the City Factory) think tank set up at VINCI’s initiative.

GREENHOUSE GAS EMISSIONS (IN TONNES OF CO2 EQUIVALENT)

2014 2020 target

2009

61 tCO2 eq.

71 tCO2 eq.

50 tCO2 eq.

SUMS COMMITTED TO PATRONAGE AND CIVIC ENGAGEMENT

€4 M 2008

€12 M 2014

1,938 PATENTS

NUMBER OF ACTIVE PATENTS WORLDWIDE

OUR STRATEGY FOR THE FUTURESUPPORT URBAN DEVELOPMENTPREPARE FOR THE ENERGY TRANSITIONACCELERATE INTERNATIONAL EXPANSION

2015

ESS

ENTI

ALS

22

23

VINCI continues to rely on the excellent fit between its two businesses, Concessions and Contracting (energy, roadworks, construction), for developing its strategy. The Group’s main focus will be on activities with strong value-creation potential and parts of the world with high growth potential.

This strategy will lead VINCI to increase the share of the Concessions business, which generates high and recurring revenue. Particular attention will be paid to airports and road and motorway infrastructure. The share of this business may rise from 15% in 2014 to 20% looking to the 2020s.

In the Contracting business, the main external growth priority will be on the VINCI Energies business line, continuing on from its major 2014 acquisitions of Imtech ICT and Electrix, which alone represent annual revenue of around €1 billion. In the other Contracting business lines, VINCI will give development priority to highly technical activities with global prospects, such as special foundations, civil engineering structures, nuclear technology and oil and gas infrastructure, together with specialised activities such as rail works.

In all its business activities, VINCI intends to accelerate its international expansion, in particular in Latin America, South-East Asia and Oceania, together with the most buoyant European markets. This strategic orientation should increase revenue generated outside France to over 50% by around the 2020s.

In the long term, VINCI’s growth will be based on the increased necessity to find solutions to mobility, urban development and energy transition, which are central to the Group’s expertise.

Cover photoThe Louis Vuitton Foundation, Paris.

VINCI 1 cours Ferdinand de Lesseps92851 Rueil Malmaison Cedex - FranceTel: +33 1 47 16 35 00 Fax: +33 1 47 51 91 02www.vinci.com

Jean

-Yve

s Gov

in S

orel

. Pro

ject

man

agem

ent:

Loui

s Vui

tton

Foun

datio

n. A

rchi

tect

: © G

ehry

Par

tner

s LLP

and

Fran

k O.

Geh

ry (c

over

) – Lu

c Ben

evel

lo –

Jérô

me

Caba

nel –

Yve

s Cha

noit

– Au

gust

o Da

Silv

a/Gr

aphi

x Im

ages

– S

téph

ane

Lavo

ué –

Fran

cis V

igou

roux

– P

hoto

libr

arie

s of V

INCI

and

subs

idia

ries.

All r

ight

s res

erve

d. D

esig

n an

d pr

oduc

tion:

–13

365

– Tr

ansl

atio

n: A

lto In

tern

atio

nal –

Prin

ting:

Art

eprin

t.