Veolia’s Governance: Revision of the Composition of the Board of Directors Proposed to the Shareholders’ Meeting on April 21, 2016

Regulatory News:

At its meeting on March 8, 2016 chaired by the Chairman and Chief Executive Officer, Mr. Antoine Frérot, the Board of Directors of Veolia Environnement (VE) (Paris:VIE) decided, on a proposal from the Nominations Committee, to propose the following resolutions relating to the revision of its composition, to the Shareholders’ Meeting on April 21, 2016:

- the renewal of the terms of office as directors of Mr. Jacques Aschenbroich and Ms. Nathalie Rachou,

- the appointment as new directors of Ms. Isabelle Courville, a Canadian national, and Mr. Guillaume Texier, a French national. Ms. Isabelle Courville is currently a non-voting director on VE’s Board of Directors. Mr. Guillaume Texier is the Financial Director of the Saint Gobain Group.

At the request of Messrs. Serge Michel and Georges Ralli, the Board will not request the renewal of their terms of office as directors. The Board expresses its deepest gratitude for their long and faithful service and for the quality of their contribution to its work. Upon a decision of the Board and after the Shareholders’ Meeting on April 21, 2016, Mr. Serge Michel will exercise the functions of a non-voting director.

The Board of Directors has also decided to add to its committees by appointing Ms. Homaira Akbari, who will join the Account and Audit Committee, Mr. Paolo Scaroni, who will join the Nominations Committee, and Ms. Clara Gaymard, who will join the Compensation Committee. Apart from these changes, the composition of the Board’s committees will remain unchanged.

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Veolia group is the global leader in optimized resource management. With over 174 000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2015, the Veolia group supplied 100 million people with drinking water and 63 million people with wastewater service, produced 63 million megawatt hours of energy and converted 42.9 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €25 billion in 2015. www.veolia.com

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