Half-Year Financial Report - For the Six Months Ended June 30, 2020

1. Conclusion on the Financial Statements

Chapter 3. Statutory auditors’ review report on the half-yearly financial information

1. Conclusion on the Financial Statements

To the Shareholders,

In compliance with the assignment entrusted to us by your Annual General Meetings and in accordance with the requirements of article L. 451-1-2 III of the French Monetary and Financial Code (Code monétaire et financier), we hereby report to you on:

  • the review of the accompanying consolidated condensed interim financial statements of Publicis Groupe SA, for the period from January 1 to June 30, 2020;
  • the verification of the information presented in the half-yearly management report.

These consolidated condense d interim financial statements have been prepared under the responsibilty of your Management Board on July 20, 2020 on the basis of the information available at this date in a changing context of the crisis related to Covid‑19 and of in assessing its impact and future prospects. Our role is to express a conclusion on these financial statements based on our review.

1. Conclusion on the Financial Statements

We conducted our review in accordance with professional standards applicable in France.

A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with professional standards applicable in France and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Based on our review, nothing has come to our attention that causes us to believe that the accompanying consolidated condensed interim financial statements are not prepared, in all material respects, in accordance with the IAS 34 from IFRS standards as adopted by the European Union applicable to interim financial information.

2. Specific verification

We have also verified the information presented in the half-yearly management report established on July 20, 2020 on the consolidated condensed interim financial statements subject to our review.

We have no matters to report as to its fair presentation and consistency with the consolidated condensed interim financial statements.

Courbevoie and Paris-La Défense, July 23, 2020

The statutory auditors French original signed by

Mazars

Olivier Lenel

Ariane Mignon

Ernst & Young et Autres

Nicolas Pfeuty

Valérie Desclève