safran DOING BUSINESS IN THE UNITED STATES November 28th 2017 Safran USA / Confidential / 2017

€2.4 BILLION in adjusted recurring operating income* SAFRAN 3 CORE BUSINESSES: Aviation Space Defense Nearly 58,000 EMPLOYEES in nearly 30 COUNTRIES AN INTERNATIONAL HIGH-TECHNOLOGY GROUP €15.8 BILLION in sales* €2.4 BILLION in adjusted recurring operating income* €1.7 BILLION in R&D expenditures*, equal to nearly 11% of sales Over 850 INITIAL PATENTS filed in 2016 *2016 Safran USA / Confidential / 2017 January 2017

FINANCIAL AND STOCK MARKET DATA SALES BY BUSINESS SECTOR (2016) CAPITAL SHAREHOLDING STRUCTURE* Aerospace Propulsion Aircraft Equipment Public 76.6% 59% 33% 14.0% 8% 7.5% French State 1.9% Treasury shares Defense Employees *as of October 31, 2017 Safran USA / Confidential / 2017 January 2017

SAFRAN: TECHNOLOGY THAT BENEFITS OUR DAILY LIVES 1 SINGLE-AISLE COMMERCIAL JET TAKES OFF every 2 SECONDS, powered by our engines* MORE THAN 54,000 LANDINGS a day using our equipment 80 SUCCESSFUL ARIANE 5 LAUNCHES in a row** 3,000 MILITARY AIRCRAFT fitted with our inertial navigation systems 1 OUT OF EVERY 3 HELICOPTER TURBINE ENGINES sold worldwide OVER 35,000 POWER TRANSMISSIONS totaling over 850 million flight-hours 18,400 NACELLE COMPONENTS in service 500 KM OF ELECTRICAL WIRING on an Airbus A380 *in partnership with GE, through CFM International **in partnership with Airbus Group, through ArianeGroup Safran USA / Confidential / 2017 January 2017

BOOSTING AIR TRANSPORT PERFORMANCE Safran USA / Confidential / 2017 January 2017

ENHANCING PROTECTION FOR CITIZENS Safran USA / Confidential / 2017 January 2017

FACILITATING ACCESS TO SPACE *through ArianeGroup, a 50/50 joint company between Safran et Airbus Group Safran USA / Confidential / 2017 January 2017

€ 21% OF EMPLOYEES INVOLVED IN R&D 1,000 EXPERTS IN THE GROUP INNOVATION AT SAFRAN (31/12/2016) NEARLY 11% OF SALES INVESTED IN R&D* 21% OF EMPLOYEES INVOLVED IN R&D 1,000 EXPERTS IN THE GROUP € OVER 850 INITIAL PATENTS FILED IN 2016 €704 MILLION IN CAPITAL EXPENDITURES Safran is ranked among the TOP 100 GLOBAL INNOVATORS by Thomson Reuters *spending on Research and Development programs amounted to 1,7 billion euros in 2016 Safran USA / Confidential / 2017 January 2017

1 Safran IN THE U.S. Safran USA / Confidential / 2017 January 2017

25 % of global revenues generated in the U.S SAFRAN IN THE U.S. 40+ years of committed operations in the U.S. 5,000 employees in 17 states Present in 22 states Over $1.5 billion in purchases within the U.S. every year 25 % of global revenues generated in the U.S Safran USA / Confidential / 2017 January 2017

25 % of global revenues generated in the U.S. SAFRAN’S U.S. FOOTPRINT Safran Companies: Safran Aero Boosters Safran Aircraft Engines Safran Electrical & Power Safran Electronics & Defense Safran Helicopter Engines Safran Landing Systems Safran Nacelles Safran Power Units Present in 22 states 25 % of global revenues generated in the U.S. Safran Joint Ventures: A-Pro CFAN CFM International FADEC International Nexcelle Propulsion Technologies International R&D Industrial site Office Services Safran USA / Confidential / 2017 January 2017

1974 40+ YEARS OF EXPERIENCE IN THE U.S. 2017 1974 1986 2003 2009 2013 Grand opening of Safran Electrical & Power Sarasota New wheel & brake MRO shop in Las Vegas 1974 Creation of CFM International, a 50/50 joint venture between Safran and GE 1986 Opening of the Labinal U.S. subsidiary 2003 Acquisition of Cenco from Pratt & Whitney Boeing’s electrical wiring business, Corinth Inc., renamed Labinal Corinth, Inc. 2009 Acquisition of Optics 1 2013 Concluded the acquisition of Goodrich Electrical Power Systems (GEPS) renamed Safran Power 2015 Inauguration of Aircelle Services Americas in Indiana of Microturbo San Diego 1974 2014 Acquisition of Eaton’s Aerospace Power Distribution Management Solutions and Integrated Cockpit Solutions Business 2016 Safran groups companies under single brand Inauguration of a new facility in Charleston to support the assembly of wiring and landing gear activities for the Boeing 787 Dreamliner 2008 Creation of Nexcelle, a joint venture between Safran and GE for nacelles Safran and GE renew their CFM partnership until 2040 1980 Creation of Turbomeca Engine Corporation, USA 1991 Creation of CFAN, a joint venture with GE Aircraft Engines 2010 Creation of CFM Materials, a 50/50 joint venture between Safran and GE Creation of Labinal Power Systems – a worldwide leader in electrical systems Safran USA / Confidential / 2017 January 2017

LEADING TECHNOLOGIES FOR THE U.S. MARKET 30+ DOD platforms equipped by Safran 800+ helicopter engines delivered to the U.S. Army 100% of the wiring on the Boeing 787 Dreamliner 40+ years delivering best-selling jet engine through CFM International** 25K+ handheld target location systems fielded with the U.S. military LEAP-1B sole powerplant for the Boeing 737 MAX* *in partnership with GE, through CFM International **single-aisle commercial jets engines, in partnership with GE Safran USA / Confidential / 2017 January 2017

Boeing is the company’s largest single U.S. customer LEADING US CUSTOMERS Boeing is the company’s largest single U.S. customer Safran USA / Confidential / 2017 January 2017

U.S. GOVERNMENT PARTNERS The U.S. Government is Safran’s single largest end-user Nearly half a century of support Safran USA / Confidential / 2017 January 2017

DOING BUSINESS IN THE U.S. 2 DOING BUSINESS IN THE U.S. Safran USA / Confidential / 2017 January 2017

STAKEHOLDER ENGAGEMENT Capitol Hill State governors and economic development groups Local economic development Where you acquire, move, or expand impacts your customers, your supply chain, and your federal, state, and local government representatives Safran USA / Confidential / 2017 January 2017

VIP VISITS TO SAFRAN FACILITIES IP & Safran USA / Confidential / 2017 January 2017

FACTORS FOR CONSIDERATION Proximity to customers  Energy, transport, labor, living costs  Tax structures Economic incentives offered by states Training Facility Energy use Taxes Grants Credits Exemptions January 2017 Safran USA / Confidential / 2017

SUCCCESS STORY: NEW HAMPSHIRE Safran Aerospace Composites Located in Rochester, New Hampshire Inaugurated in March 2014 Production of 3D Woven RTM composite aircraft engine parts for the LEAP Safran USA / Confidential / 2017 January 2017

SUCCESS STORY: FLORIDA Safran Electrical & Power Located in Sarasota, Florida Inaugurated in October 2017 Aircraft electrical equipment manufacturing & MRO Safran USA / Confidential / 2017 January 2017

SUCCESS STORY: NEVADA Safran Landing Systems Located in Las Vegas, Nevada Opened in 2017 Wheels & brakes MRO Safran USA / Confidential / 2017 January 2017

SUCCCESS STORY: KENTUCKY Safran Landing Systems Located in Walton, Kentucky 5 expansions since opening in 1999 Wheels & carbon brakes facility Safran USA / Confidential / 2017 January 2017

SUCCCESS STORY: ALABAMA Safran Nacelles Located in Mobile, Alabama Scheduled to open in 2017 Aircaft nacelle assembly Safran USA / Confidential / 2017 January 2017

Safran USA / Confidential / 2017 January 2017