Forward-looking statements

This report contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans” and similar expressions. Although Sanofi’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates, the fact that product candidates if approved may not be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi’s ability to benefit from external growth opportunities, to complete related transactions and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation, trends in exchange rates and prevailing interest rates, volatile economic and market conditions, cost containment initiatives and subsequent changes thereto, and the impact that COVID-19 will have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. Any material effect of COVID-19 on any of the foregoing could also adversely impact us. This situation is changing rapidly and additional impacts may arise of which we are not currently aware and may exacerbate other previously identified risks. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in Sanofi’s annual report on Form 20-F for the year ended December 31, 2020. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.



Home page: Christoph Burgstedt/Getty Images - Foreword by Paul Hudson: Vladimir Borovic/Getty Images - skynesher/Getty Images - Sanofi - filadendron/Getty Images – Hadynyah/Getty Images - Benoît Rajau - Frederik Wissink/Capa pictures - Asterias Productions - Science: Vladimir Borovic/Getty Images - People & communities: skynesher/Getty Images - Strategy in action: Sanofi - Contribution to society: filadendron/Getty Images

Science: mirror-images/Getty Images - Redefining medicine through extraordinary science: Joseph Prezioso - Portra/Getty Images - All rights reserved - Focusing science to transform lives: Principa - Jean Chiscano - Leading with innovation: Laurent Villeret/ ParisCameraman – Jean Chiscano - Acting for the most vulnerable communities: Benoît Rajau

People & communities: zhangshuang/Getty Images- Key trends transforming society: - Juanmonino/Getty Images - monkeybusinessimages/Getty Images - Changing our culture to deliver our strategy: Christel Sasso/Capa pictures - xavierarnau/Getty Images - Gabo Morales/Capa Pictures - Building an inclusive work place: Asterias Productions- skaman306/Getty Images

Strategy in action: mirror-images/Getty Images - Executing our strategy in a challenging environment: Sanofi Pasteur / Alexis Chezière– erikreis/Getty Images - SDI Productions/Getty Images – ER Productions Limited/Getty Images - sanjeri/Getty Images - AlexRaths/Getty Images - A digital roadmap with big ambitions: Antonio_Diaz/Getty Images - Filograph/Getty Images - Gilles Sabrié/Capa pictures – chee gin tan/Getty Images - Christel Sasso/Capa pictures - Committed to excellence in manufacturing and supply: Sanofi - Christel Sasso/Capa pictures – Paul Marnat/Sanofi - Building sustainability for a healthy planet: Frederik Wissink/Capa pictures - Christel Sasso/Capa pictures

Contribution to society: cosmin4000/Getty Images - Key healthcare trends: Oscar Siagian - Ensuring access to essential medicines for the poorest countries: Hadynyah/Getty Images - Christel Sasso/Capa pictures - grandriver/Getty Images