FOOTBALL RESULTS - Actusnews Wire...2015 Coupe de France winner (4th consecutive double) FINANCIAL RESULTS FINANCIAL RESULTS 6 FY 2014/15 FY 2013/14 CHANGE Ticketing 11.1 13.0 -1.9

FOOTBALL RESULTS

FOOTBALL RESULTS 3

(as of 30/06/15)

2nd place

Playoff in the UEFA Europa League

Round of 32 in the Coupe de France

Round of 16 in the Coupe de la Ligue

Number of titles since 2000/01 17 12 7 6 2 1 - 2

Number of European cup 1/4 finals since 2000/01 5 4 2 3 - - 1 1

17th consecutive finish in the top 5 of the French Ligue 1

THE FRENCH CLUB WITH THE MOST TITLES (17)

Since the 2000/01 season

TOP-NOTCH

PROFESSIONAL SQUADS

4FOOTBALL RESULTS

(as of 30/06/15)

THE OL WOMEN'S TEAM IS EUROPE'S BENCHMARK

STILL NO. 1 ON THE UEFA INDEX

TOP-NOTCH

PROFESSIONAL SQUADS

CHAMPIONS 9th consecutive title

Round of 16 (4 finals, 2 European titles since 2009/10)

2015 Coupe de France winner(4th consecutive double)

FINANCIAL RESULTS

FINANCIAL RESULTS 6

FY 2014/15 FY 2013/14 CHANGE

Ticketing 11.1 13.0 -1.9 -15%

Sponsoring 22.4 19.0 +3.4 +18%

Media and marketing rights 45.8 56.2 -10.4 -19%

Brand-related revenue 17.0 16.2 +0.8 +5%

REVENUEEXCLUDING PLAYER TRADING 96.3 104.4 -8.1 -8%

Revenue from sale of player registrations 7.2 16.1 -8.9 -55%

TOTAL REVENUE 103.5 120.5 -17.0 -14%

in m

REVENUE IN 2014/15

DECLINE IN REVENUE (-14%)

IMPACT OF NOT QUALIFYING FOR THE GROUP STAGE

OF A EUROPEAN CUP COMPETITION ( -13.7M)

Excl. player trading and

excl. European cup play,

revenue totalled

94.1m vs. 88.5m

or +5.6m, +6%

7FINANCIAL RESULTS

24.9 18.1

7.5 7.2

CONSOLIDATED INCOME STATEMENT FY 2014/15

IMPROVEMENT IN LOSS FROM ORDINARY

ACTIVITIES, WITHOUT EUROPEAN CUP PLAY OR

SIGNIFICANT PLAYER TRADING AND AFTER PAYING

BONUSES FOR CHAMPIONS LEAGUE QUALIFICATION

NO EUROPEAN CUP PLAY( -13.7M IN REVENUE, -11M IN EARNINGS)

REDUCTION IN EXTERNAL PURCHASES AND EXPENSES ( -2.1M)

REDUCTION IN THE FIXED PAYROLL ( -6.6M) OFFSET BY THE INCREASE IN BONUSES RELATED TO LIGUE 1 FINISH AND 2015/16 CHAMPIONS LEAGUE QUALIFICATION ( +7.6M)

75% TAX ( -4.3M)

DECLINE IN NBV OF PLAYER REGISTRATIONS SOLD ( -11.3M)

2013/14 2014/15

+6.8(+37.6%)

+0.3(+4.2%)

-17.0(-14.1%)

120.5103.5

in m

DECREASE IN PLAYER AMORTISATION ( -3M)

SALE OF M2A SHARES AS OF 30/06/2015 (CAPITAL GAIN OF 1.5M)

REVENUE

EBITDA

Loss from

ordinary

activities

- -

- -

8FINANCIAL RESULTS

CONSOLIDATED INCOME STATEMENT FY 2014/15

in m

FINANCIAL PERFORMANCE HAS IMPROVED

BUT IS STILL INSUFFICIENT

FY 2014/15 FY 2013/14 CHANGE

REVENUE 103.5 120.5 -17.0

External purchases and expenses 30.3 32.4 -2.1

Non-income taxes 5.4 9.6 -4.2

Personnel costs 75.1 74.8 +0.3

NBV of player registrations sold - 11.3 -11.3

EBITDA -7.2 -7.5 +0.3

Amortisation & provisions, player registrations 12.2 15.2 -3.0

LOSS FROM ORDINARY ACTIVITIES -18.1 -24.9 +6.8

NET FINANCIAL EXPENSES -3.4 -3.1 -0.3

NET LOSS, GROUP SHARE -21.4 -26.4 +5.0

9FINANCIAL RESULTS

INCREASE

OCEANE 2015 REPURCHASE PROCEDURE

PROCEDURES

5 new shares for every 2 existing shares held / Subscription price: €1.60 per new share

Commitment of the 2 core shareholders, ICMI & Pathé: exercise all of their preferential subscription rights, i.e. 4,524,008 and 3,954,683, respectively

Oversubscribed: total demand of around €58m, or nearly 110% of the offer

33,103,215 new shares issued at €1.60 per share (€1.52 par value + €0.08 share premium)

Post-transaction capital: €70,443,643.04 (46,344,502 shares with par value of €1.52)

TRANSACTION OBJECTIVES

Refinance the 2015 OCEANE bonds in accordance with the commitments undertaken by OL Groupe when it signed the new syndicated operating line of credit

Develop the Group, in particular by:

1) building the new mixed-sex training academy and training grounds in Meyzieu and Decines

2) fitting out the interior of the new stadium

Finance the Group's general needs

Repurchase of the 2015 OCEANEs of ICMI & Pathé, or 1,417,462 and 1,243,999 bonds, respectively, at €7.50 per bond (par value €7.26 + interest of €0.24) – on 18/06/2015

Market withdrawal procedure (at the same price) – from 19 June to 25 June, inclusive

Cancellation of repurchased OCEANEs outstanding OCEANEs post-capital increase: 550,082 (maturity: 28 December 2015)

GROSS ISSUANCE PROCEEDS

52,965,144

53 MILLION CAPITAL INCREASE, OVERSUBSCRIBED (WITH PREFERENTIAL SUBSCRIPTION RIGHTS MAINTAINED)

JUNE 2015

10FINANCIAL RESULTS

CHANGES IN OL GROUPE'S SHARE CAPITAL

CAPITAL INCREASE IN JUNE 2015

(1) As of 30 June 2015, Jean-Michel Aulas held 99.95% of ICMI, representing 99.96% of the voting rights.

(2) Board members other than ICMI and GL Events, mentioned separately

% EQUITY AS OF 31/12/2014

Number of shares: 13,241,287

% EQUITY AS OF 30/06/2015 POST-CAPITAL INCREASE

Number of shares: 46,344,502

ICMI (1) - 4,524,008 SHARES

PATHÉ - 3,954,683 SHARES

GL EVENTS - 313,652 SHARES

OTHER BOARD MEMBERS(2) - 153,015 SHARES (INCL. 106,692SHARES HELD BY JEAN-MICHEL AULAS

28.58%FREE FLOAT

2.37%

29.87%PATHÉ

1.13%

1.15%

2.73%

2.37%

0.32%

0.90%

0.70%

34.17%ICMI

ND INVESTISSEMENT - 149,341 SHARES

ICMI (1) - 361,355 SHARES

FREE FLOAT 3,785,233 SHARES

31.67%FREE FLOAT

29.87%PATHÉ

34.17%ICMI

ICMI (1) - 15,834,700 SHARES

PATHÉ 13,841,388 SHARES

GL EVENTS - 1,097,782 SHARES

OTHER BOARD MEMBERS (2) 419,770 SHARES (INCL. 373,422 SHARES HELD BY JEAN-MICHEL AULAS

ND INVESTISSEMENT - 149,341 SHARES

Treasury 328,443 SHARES

FREE FLOAT 14,673,078 SHARES

11FINANCIAL RESULTS

ASSETS 30/06/2015 30/06/2014

Player registrations 8.4 13.6

Other assetsof which new stadium

327.2313.4

167.1141.2

TOTAL NON-CURRENT ASSETS 335.6 180.7

Deferred taxes 13.0 12.4

Net player receivables 3.5 9.8

Pledged FDM cash 15.5 36.0

Current receivables 46.1 44.0

Cash and cash equivalents 38.7 3.2

in m

EQUITY & LIABILITIES 30/06/2015 30/06/2014

Equity

(incl. non-controlling interests)136.4 108.2

OCEANEs(incl. interest due in less than 1 year)

4.0 23.4

TOTAL EQUITY CAPITAL + OCEANEs 140.4 131.6

New stadium bonds 115.3 48.4

Deferred taxes and provisions 1.4 3.8

Other non-current liabilities 25.6 24.6

Financial debtof which drawdowns under operating line of credit

of which drawdowns under mini-perm loan, incl. interest, net of costs

82.217.0

60.8

9.75.0

0.0

Current liabilities 87.5 68.0

SUMMARY BALANCE SHEET

-5.2

+172.1

+28.2

+35.5

-19.4

+66.9

+60.8

BALANCE SHEET TRANSFORMATION, REFLECTING

NEW STADIUM AND JUNE 2015 CAPITAL INCREASE

12FINANCIAL RESULTS

in m

(1) based on Transfermarkt (2) and revised by OL

(2) Transfermarkt value as of 31/12/12: 124.5m / 30/06/2013: 111.5m

/ 30/06/2014: 86.3m / 30/06/2015: 139.4m

in m

MARKET VALUE 145.0 120.0 92.4 166.3

30/06/12

30/06/13

30/06/14

BALANCE SHEET

VALUE

POTENTIAL

CAPITAL

GAINS

POTENTIAL CAPITAL GAINS 82.6 82.6 78.8 157.9

30/06/15

30/06/14

30/06/1330/06/12

Distribution of

potential capital

gains

82.6

82.6

78.8

62.437.4

13.68.4 9.7

(12%)

22.3(27%)

44.5(54%)

149.0(94%)

69.1(88%)

60.3(73%)

38.1(46%)

ON

PLAYERS

TRAINED

AT OL

ON

ACQUIRED

PLAYERS

VALUATION OF

PLAYER ASSETS

8.96%

30/06/15

157.9

+100%

VERY SHARP INCREASE IN POTENTIAL CAPITAL GAINS NEARLY 160M AS OF 30/06/2015 (+100% Y-O-Y), MORE THAN CONSOLIDATED NET DEBT AS OF 30/06/2015

OUTLOOK

OUTLOOK 14

ACQUISITIONS, SALES AND INCENTIVES SINCE 1 JULY 2015

in € m

ACQUISITION OF PLAYER REGISTRATIONS

C. BEAUVUE Guingamp 6.0

R. DA SILVA Manchester United 3.2

M. VALBUENA Dynamo Moscow 6.0

M. YANGA MBIWA AS Rome 9.4

S. DARDER Malaga 13.1

L. TOUSART Valenciennes 2.6

O. KEMEN - Newcastle 0.8

TOTAL ACQUISITIONS 41.1

Representing amortisation expense in

2015/16 of 8.4m

REVENUE FROM SALE OF PLAYER REGISTRATIONS

J. FRICK - Biel/Bienne 0.0

M. YATTARA Royal Standard Liège 2.0

M. ZEFFANE Rennes 1.0

C. NJIE - Tottenham 13.0

Y. BENZIA - Lille 1

(INCENTIVES) 9.2

incl. earn-out on transfer of Martial Monaco Manchester United

8.0

TOTAL AS OF 30/09/2015 26.2

15OUTLOOK

NEW BUSINESS AND SPORTING OBJECTIVES

Capitalising on the Academy

Ethics, community outreach and responsibility

(OL Foundation and sOLidarity fund)

Olympique Lyonnais Parknew

recurrent business model

SIGNIFICANT INVESTMENT TO MINIMISE

THE IMPACT OF SPORTING UNCERTAINTY

A NEW BUSINESS MODEL FOR RECURRENT

VALUE CREATION

OLYMPIQUELYONNAIS PARK

(c) DUMETIER DESIGN

HOTELS

LEISURE &

ENTERTAINMENT

CENTRE

OFFICE

BUILDINGSOFFICE BUILDINGS

-

MEDICAL CENTRE

OLYMPIQUE LYONNAIS PARK 21

OPTIMAL ACCESSIBILITY ALREADY IN PLACE

• THE TRAMWAY STOP IS LOCATED INSIDE THE STADIUM

INSIDE THE STADIUM

• TWO MOTORWAY EXITS (6&7) WILL SERVE THE OLYMPIQUE LYONNAIS PARK

BORDERS

1.5 HOURS FROM GENEVA

2 HOURS FROM PARIS

1.5 HOURS FROM LONDON

1 HOUR FROM BARCELONA

3 MOTORWAYS FROM GENEVA, MARSEILLE, PARIS

2 TRAIN STATIONS AND 2 AIRPORTS WITHIN

IMMEDIATE PROXIMITY

AN OPTIMAL ROAD NETWORK

SLIDE ACTUALISEE

A RECHARTER

22OLYMPIQUE LYONNAIS PARK

OLYMPIQUE LYONNAIS NEW STADIUM STADIUM NUMBERS


NEW GROWTH MOMENTUM AND ADDITIONAL ANNUAL REVENUE

Gerland 40,450 seats

incl. 1,800 VIP seats

New stadium59,186 seats

incl. 6,000 VIP seats

REVENUE FROM 365 BOXES Gerland39 boxes(394 seats)

New stadium105 boxes(1,461 seats)

• FOUNDING AND TECHNOLOGICAL PARTNERS

• SALE OF LAND for related infrastructure

GROWTH IN TICKETING

REVENUES

• RENTAL OF FACILITIES

3-5 year additional revenue objectives

from stadium delivery

70mper year

• EURO 2016 (six matches including one semi-final)

• European rugby finals (Challenge Cup & Champions Cup, 13-14 May 2016)

• Hockey matches (Magnus league, late-2016 early-2017)

• Concerts (Rihanna on 19/07/2016)

• FIFA 2019 (Opening and final matches)


100% PRIVATE

STADIUM 29 JANUARY 2015: OFFICIAL LAUNCH OF B-TO-B MARKETING

VIP SEATS (approx.

6,000 seats)

NAMING

STADIUM / PARK

TRAINING GROUNDS

ACADEMY

6 CONFERENCE SPACES

FOUNDING AND TECHNOLOGICAL

PARTNERS

CONSTRUCTION AND OPERATING

PARTNERS

PRIVATE BOXES (105 PRIVATE BOXES)

67CONTRACTS

ALREADY SIGNED

63

ALREADY SOLD

OR RESERVED

PARTNERS

SEGMENTED BY

INDUSTRY

7CONTRACTS SIGNED

OR UNDERWAY

ALMOST

2,400SOLD

OR RESERVED


100% PRIVATE

STADIUMMARKETING OF FAN WALL

LAUNCHED IN NOVEMBER 2014

BACKLIT FAN WALL

FAN WALL (BtoC)

WILL STRETCH ALONG THE

MAIN WALKWAY

(TARGET: 10-15,000)

PARTNERS WALL (BtoB)

ENGRAVE YOUR OR YOUR COMPANY'S

NAME ON A NAMEPLATE FOR

> 4,000 NAMEPLATES

SOLD TO DATE (for between 75 and 500 per unit)


BOCUSE BRASSERIEOPEN 365 DAYS A YEAR

CAPACITY: Ca. 300 DINERS


RECENTDEVELOPMENTS

• INVESTMENT FINANCING (APPROX. 22 M):

1 / TRAINING GROUNDS IN DÉCINES

2/ TRAINING ACADEMY IN MEYZIEU

Groupama Banque 14m 10-year loan agreement

Remainder financed with OL Groupe equity

JUNE 2015

• BROADER PARTNERSHIP AGREEMENT SIGNED WITH GROUPAMA RHÔNE-ALPES AUVERGNE INTEGRATING THE NAMING OF THE NEW TRAINING CENTRE IN MEYZIEU AND AN OPTION ON THE NAMING OF THE TRAINING GROUNDS IN DECINES

• CONSTRUCTION WORK LAUNCHED ON TRAINING GROUNDS IN DECINES

• AGREEMENT WITH MARCELO JOULIA (NAÇO) FOR FITTINGS AND INTERIOR DESIGN OF NEW STADIUM

12 JUNE 2015


RECENTDEVELOPMENTS

SEPTEMBER 2015 • CONSTRUCTION STARTED ON THE NEW MIXED-SEX TRAINING ACADEMY BUILDING IN MEYZIEU (CONSTRUCTION PERMIT FREE OF APPEALS)

• BEGINNING OF STRATEGIC THINKING FOR THE FUTURE OF THE GERLAND PREMISES

• FOUNDATION STONE OF ACADEMY BUILDING LAID9 OCTOBER 2015

28 AUGUST 2015 • APPROVAL OF CHANGED CONSTRUCTION PERMIT


SOCIAL AREA

MAIN PITCH

WITH 1,500 SEATS

TRAINING

GROUNDS

COVERED HALF-SIZED PITCH

MIXED-SEX TRAINING ACADEMY

(Meyzieu - dedicated site)

MIXED-SEX PROFESSIONAL TRAINING GROUNDS

OLYMPIQUE LYONNAIS PARK

NEW PROFESSIONAL-TEAM TRAINING GROUNDS AND MIXED-SEX TRAINING ACADEMY

OPENS AT START OF 2016/17 SEASON

OPENS DURING 2016/17 SEASON



DELIVERY OF STADIUM AND OL PARK WITH NO BUDGETARY EXCESSESCAPEX UNDER CONTROL

40

5

Initial

capex405

450

OL Park

New Stadium capex

Interior

fittings

Total capex

410

INVESTMENTS REMARKS

Investments in the interior design and fittings of

the lounges and VIP boxes

Investments in OL Academy, training grounds

and other secondary investments

PARTIAL

FINANCING VIA

GROUPAMA

BANQUE LOAN

Financing via

capital increase

FINANCING VIA

CAPITAL INCREASE

WITH VINCI AND THE REGULATORY BODIES FOR AN EARLY OPENING OF THE STADIUM AT THE START OF

JANUARY 2016

CONCERT SCHEDULE STARTING IN SPRING 2016 WITH AN INITIAL DJ SET (WILL.I.AM) AT THE INAUGURAL

MATCH ON 9 JANUARY 2016 AND RIHANNA ON 19 JULY 2016.

NAMING OF STADIUM WITH MAJOR FRENCH AND INTERNATIONAL GROUPS

SALE OF CONSTRUCTION RIGHTS ON OTHER LAND PARCELS: SPORTS MEDICINE CENTRE, OFFICE BUILDINGS,

LEISURE CENTRE, etc.


OUTLOOK

NEGOTIATIONS UNDERWAY

NEARING COMPLETION

SALE OF CONSTRUCTION RIGHTS ON HOTEL PARK

RESPONSIBILITY AND SOLIDARITY

RESPONSIBILITY AND SOLIDARITY 34

OLYMPIQUE LYONNAIS A RESPONSIBLE AND COMMITTED CORPORATE CITIZEN

NEW PROJECTS ARE A CATALYST FOR

THE CSR POLICY

committed over 3 yrs

1.5m

EMPLOYMENTINNOVATION/ENTR

EPRENEURSHIP VOLUNTEERING

• ENCOURAGE

VOLUNTEERING

• FACILITATE CONTACTS

BETWEEN NONPROFITS

LOOKING FOR

VOLUNTEERS AND PEOPLE

WILLING TO DEVOTE THEIR

TIME

• POOL TALENTS

• BRING TO LIFE AND

EXPERIMENT WITH NEW

CONCEPTS

• CREATE COMPANIES AND

DEVELOP EMPLOYMENT

CORPORATE SPACE FOR

EMPLOYMENT

ENCOURAGE

PARTICIPATION OF OL

PARTNERS

DEVELOP EMPLOYMENT

AND JOB INTEGRATION

CORPORATE

CORPORATE 36

ORGANISATION CHARTSIMPLIFIED GROUP ORGANISATION CHART AS OF 30 JUNE 2015

OL SAS

FOOTBALL

MEDICAL

ACADEMYOL VOYAGES

OL

ORGANISATION

FONCIÈRE

DU MONTOUT

OL Association

OL SCI

100%

51% 50% 100% 100%

100%

100%

agreement

OLGROUPE

ICMI

34.17%

PATHÉ

29.87%

SCI Megastore

NUMBER OF

SHARES

% SHARE

CAPITAL

% VOTING

RIGHTS

ICMI (1) 16,208,087 34.96% 38.55%

PATHÉ 13,841,388 29.86% 29.94%

OTHER BOARD MEMBERS (2) 1,144,165 2.47% 2.21%

ND INVESTISSEMENT 149,341 0.32% 0.55%

TREASURY SHARES 376,388 0.81% NA

PUBLIC 14,636,305 31.58% 28.75%

TOTAL 46,355,674 100.00% 100.00%

CORPORATE 37

SHAREHOLDER BREAKDOWN

AS OF 30 SEPTEMBER 2015

OL HAS BEEN LISTED ON

EURONEXT PARIS

SINCE 09/02/2007 SEGMENT C

INDICES: CAC SMALL, CAC MID

& SMALL, CAC ALL-TRADABLE,

CAC ALLSHARES, CAC

CONSUMER SERVICES

CAC TRAVEL & LEISURE

ISIN CODE: FR0010428771

(1) As of 30 September 2015, Jean-Michel Aulas held 99.95% of ICMI, representing 99.96% of the voting rights

(2) Board members other than ICMI, mentioned separately.

Dow Jones Stoxx Football

CORPORATE 38

68

70

72

74

76

78

80

82

84

86

88

1.7

1.8

1.9

2

2.1

2.2

2.3

juil.-15 août-15 sept.-15 oct.-15 nov.-15 déc.-15

STOCK MARKET TRENDS

SHARE PRICE FROM 01/07/2015 TO 07/12/2015 vs. DOW JONES STOXX®FOOTBALL

SINCE CAPITAL INCREASE

CARRIED OUT IN JUNE 2015

OL Groupe share price

July 2015 August 2015 September 2015 October 2015 November 2015 December 2015

2.00

205*m159m 219m 282m 373m163m69m 1 355m 2 843m

OLAJAX AS ROMEBESIKTAS

PARKEN

SPORT JUVENTUS

BORUSSIA

DORTMUND ARSENALMANCHESTER

UNITED

Source: Exane 07/12/15

CORPORATE 39

OWNS ITS STADIUM in m

MARKET CAP OF EUROPEAN CLUBS

*incl. OSRANE representing 112m in market value

VALUE

BASED ON

RECENT

TRANSACTIONS

BAYERN MUNICHINTER MILAN HERTHA BERLIN HAMBURG SVATLETICO MADRIDAC MILAN

1,320m( 110m for 8.33% - Allianz)

source: News Tank 11/02/14

467m( 350m for 75% - Eric Thohir) source: Lemonde.fr 15/10/13

631m( 61.2m for 9.7% - KKR)

source: News Tank 05/02/14

250m( 18.75m for 7.5% - K.M. KÜHNE)

Source : News Tank 26/01/15

225m( 45m for 20% - WANDA (China))

source: les Echos 21/01/15

<€900m(offer of 900m for >50% -BeeTAECHAUBOL) source:

Maxifoot.fr 16/02/15

Documents

FOOTBALL RESULTS - Actusnews Wire...2015 Coupe de France winner (4th consecutive double) FINANCIAL RESULTS FINANCIAL RESULTS 6 FY 2014/15 FY 2013/14 CHANGE Ticketing 11.1 13.0 -1.9