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Investor Presentaiton

Share of systems within the urban market System market within urban market Annual average Share of urban market addressed through systems 2017-2019 Rest of urban NAM market MEA LAM 43% Metro system 30% Europe Tram system APAC 2013-2015 UNIFE (past market) 2017-2019 UNIFE forecast Market addressed through systems Rest of the urban market Systems continue to grow up to ~40% of the urban market, especially in MEA, LAM and APAC Source: Alstom estimation, UNIFE Market Study 2016 ALSTOM - February 2016 - P 28 ALSTOM 2016. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. ALSTOM
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