For the year ended To the Shareholders, In our capacity as Statutory Auditor of your company Rothschild & Co S.C.A. (hereinafter the “entity”) appointed as independent third party, and accredited by the French Accreditation Committee (Comité Français d'Accréditation or COFRAC) under number 3-1049(1) , we hereby report to you on the Corporate Responsibility report for the year ended 31 December 2020 (hereinafter the “Report”), included in the entity's Management Report pursuant to the requirements of articles L. 225-102-1, L. 22-10-36, R. 225-105 and R. 225-105-1 of the French Commercial Code (Code de commerce).