18 December 2014

French Competition Fine

RB notes the announcement of the French competition authority regarding its investigation into suppliers of consumer products in France, including RB. Our French subsidiaries have been cooperating with the authorities in this investigation. As this matter is still an active legal case, we cannot provide any further information. We can confirm, however, that RB takes its obligations to comply with the law very seriously and we have instituted a robust compliance programme throughout our global operations, including France.

For context, the matter reviewed by the French authorities refers to an investigation that started in 2006 and involves transactions before that date.  A provision for the expected fine in relation to this matter was made in 2013 and we do not expect any further provision will be needed.

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