Remy Autebert, Senior Vice President, Asia AREVA, China

1. AREVA’s offer for Mongolia
Remy AUTEBERT
President
AREVA Asia
November 2014

2. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.2
Contents
AREVA at a glance
AREVA Mines
AREVA – Responsible company

3. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.3
Contents
AREVA at a glance
AREVA Mines
AREVA – Responsible company

4. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.4
AREVA is a global leader
in low carbon solutions for power generation
AREVA’s share ownership
is particularly stable.
The French governement
holds 86.52% of AREVA’s
share capital directly or
indirectly at Dec. 31, 2013

5. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.5
Reference year: 2013
334 reactors
for O&M and BE
Services
Europe, CIS and Africa
188 reactors in operation
132 reactors servedby AREVA
O&M and BE Services
M&FE
132
115 Asia
124 reactors in operation
99 reactors servedby AREVA
O&M and BE Services
M&FE
93
99
North & South America
125 reactors in operation
115 reactors servedby AREVA
O&M and BE Services
M&FE
109
106
AREVA provided services to 346 reactors worldwide in 2013:
334 for O&M, 320 for M&FE
Over 90% of all nuclear utilities
are AREVA customers

6. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.6
Contents
AREVA at a glance
AREVA Mines
AREVA – Responsible company

7. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.7
Mining Business Group
Mining
• Mining: Uranium
mines exploration
and operation
activities
Reactors
& Services
• Design and
construction of
nuclear reactors
• Maintenance and
modernization of
the nuclear power
plants
Back-End
• Recycling of the
used fuel and
provider of clean-
up and dismantling
services
Renewable
Energies
• Development of
wind energy,
bioenergy, solar
power and
hydrogen power
solutions via
partnership
Front-End
• Conversion and
enrichment of the
uranium
• Design of the fuel
for the nuclear
reactors
€1,756M revenue in 2013
19% of AREVA’s revenue
€9.6bn in backlog
(11 years of production)
5,280* employees
Accross the globe, on the 5 continents
* Global workforce managed by AREVA (regardless of AREVA’s stake in mining joint ventures)

8. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.8
MINE
DEVELOPMENT
MINING
OPERATIONS
ORE
PROCESSING
Discovering new ore bodies for future
mining (geophysics,airborne
surveys, drilling campaigns)
Design and construction ofmining
infrastructure through a staged
process (concept,pre-feasibility,
feasibilitystudy)
Ore extraction using various
methods and techniques (open pit,
underground,in situ recovery)
Concentration ofuranium contained in
ore using chemical processes (acid /
alkaline leach,heap / dynamic leach)
MINERAL
EXPLORATION
Restoration ofmine sites in
accordance with applicable
environmental standards.
SITE
RECLAMATION
AREVA is active throughout
the whole uranium mining cycle
TRADING
Purchase and
sales of
uranium
products
Services
related to
uranium
(swaps,
loans)
~15years10–50years10+years

9. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.9
Market demand for uranium
New mines will be needed to meet demand in 2020
100
80
60
40
20
0
202520202015
Supply / Demand balance
(‘000 tU/yr)
Demand to be covered
by new mining projects
Mines under construction
Production from
existing mines
Secondary* sources
of supply
Demand
*Secondary resources: Uranium from dismantled Russian and US weapons put on the civilian market (HEU) ,
materials recovered from used fuel, and sale of uranium stocks by the DOE.
Source : WNA

10. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.10
AREVA adapts its portfolio
to market conditions
Depends on marketconditions
Project portfolios remains “active” (investment
limited to studies) so they are ready for
sustainable marketrecovery
Sites in operation
Continue exploration
Launch new projects
Niger
SOMAÏR
COMINAK
Canada
Cigar Lake / McClean Lake
Mine: Cameco
Mill: AREVA
McArthur
Operator: Cameco
Kazakhstan
KATCO
Niger
Imouraren
CanadaNamibia
Mongolia
Gabon
Australia

11. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.11
AREVA adapts its portfolio
to market conditions
Exploration, production sites and projects
Kazakhstan
Katco
Niger
Somaïr
Cominak
Imouraren (project)
Canada
McArthur
Cigar Lake
McClean (JEB mill)
Namibia
Exploration only
Australia
Mongolia
Gabon

12. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.12
AREVA and Mongolia,
18 years of partnership
Creation of COGEGOBI with activities focused on Uranium exploration
First significant results around Dulaan Uul and confirmation of
its potential
First discovery of Zoovch Ovo deposit
Signature of a cooperation agreement with Mitsubsihi Corporation
Classification of the Dulaan Uul deposit resources by the Mongolia Authority of
Minerals Resources (6,259 tU)
ISR test performed for checking the technical feasibility to recover
Uranium on the Umnut deposit
Classification of the Zoovch Ovoo deposit resources by
the Mongolia Authority of Minerals Resources (57,700 tU)
Signature of a Shareholders Agreement between AREVA MONGOL
and MonAtom for the mining development of the deposits
Mitsubishi became 34% shareholder of AREVA MONGOL
1996
2009
2011
2013
2003

13. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.13

14. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.14
AREVA in Mongolia
and the future
The AREVA exploration company is present in Mongolia for 18 years
preparing to develop its project for more than 30 years
Local drilling companies: Ordgeo, Gobigeo, Uran Drilling, …
AREVA gives priority to local contractors
Investment already made of more than 150 MUSD
Actual staff of 122 people will be considerably increased in the coming
years during the development and operating phases.
90% of the staff are Mongolian citizens, this level will be maintained
during the further AREVA presence in Mongolia
Social responsibility expressed by financing of social projects and
employment creation in surrounding provinces

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Contents
AREVA at a glance
AREVA Mines
AREVA – Responsible company

16. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.16
Our priority: health & safety
At the end of 2013, the highest dose recorded at
AREVA Mines over a period of 12 months was less
than 16 mSv, the rate required byAREVA’s mining
activity standards.
[International standards:annual maximum cumulative dose
less than 100 mSv over 5 years, not exceeding 50 mSv in
any given year]
Radiation protection
Sanitary monitoring of former employees and local
populations:
- Gabon 2010
- Niger 2011
- 900 medical consultations between 2010 & 2013
Health Watch

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Respecting people and land
Mines as catalysts to improve the local, social and economic fabric
Some examples …
Kazakhstan
KATCO supports various
and major projects in the
District of Suzak like the
construction of a
secondary school in
Sholakorgan city and a
kindergarten in Tasty
Village
Niger
AREVA supports local
economic development in
Arlit via a micro-credit
project (AREVA financed
the opening of an Arlit
Crédit Mutuel agency in
Arlit).
Gabon
AREVA is financing
initiatives in the
Mounana rehabilitated
site area.
Namibia
AREVA helped improve
the Spitzkoppe water
access and
management system.
Canada
AREVA funded the
renovation of the Ice
Arena and the Youth
Center, to allow the local
community to socialize in
a safe environment
(Baker Lake Hamlet).
Health, education, economic & social development initiatives

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International expertise
in site reclamation
Dismantling of facilities
236 sites in France,
sites also in Canada,
the USA and Gabon
Before After
Management of project to convert
land
Radiological and environmental
monitoring
Reclamation and replanting of
former sites
Bellezane (France)
Cluff Lake (Canada)
Mounana (Gabon)

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A strong commitment in Mongolia
with successful projects
Community Liaison Committees started in 2013
in Shanshand and Ulaanbadrakh sums –
Dornogobi Province
Regular visit to 54 families living on AREVA
exploration licenses in Dornogobi Province
More than 220,00 USD invested in 2014 for
local development projects in Dornogobi and
Sukhbaatar provinces
Trip to Kazakhstan in September for herders of
Ulaanbadrakh sum
Livestock reconstitution project implemented
since 2007 : today over 450 families in total
and 55 out of them are herding families with
over 12.1 thousand heads of livestock
Participatory environmental monitoring with
local herders launched in 2014 with monthly
sampling campaign
Purchase of local livestock slaughtered in UB
for long term supply the COGEGOBI camp
Launch in November of a 2 years veterinary
project in Ulaanbadrakh sum with permanent
presence of a team of 3 veterinarians (1
French, 2 Mongolians)
Trip of herders in KATCO,AREVA-Kazatomprom
mine in Kazakhstan

20. Mongolia Projects & Investment Summit - AREVA presentation – November 2014 p.20Bogd Khan National Park-25 Septembre