[VETOQUINOL] H1 2019 RESULTS

Industrial organization Continued industrial optimization › Industrial component of the In Motion strategic plan • Saturate the Group’s industrial sites • Anticipate increasingly strict regulations in Europe › 2015-2017  Industrial consolidation in Canada › 2019  Transfer of Vetoquinol Italy production activities • Transfer of the Emilie-Romagne site’s (Italy) industrial activities to the French and Polish sites • Italy remains a strategic country for Vetoquinol • Continued sales of the Ascor range in Italy and other countries 2019 H1 Results 22