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<!-- Field: Rule-Page --><DIV STYLE="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">As filed with the Commission on September
30, 2021 - Registration No. 333-</P>

<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 0; text-align: center">UNITED STATES</P>

<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">Washington,
D.C. 20549</FONT></P>

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<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center">FORM S-8</P>

<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 0; text-align: center">REGISTRATION STATEMENT</P>

<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">UNDER THE SECURITIES ACT OF 1933</P>

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<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center">ORANGE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">(Exact name
of Registrant as specified in its charter)</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding: 3pt; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="color: #222222"><B>Republic of France</B></FONT></TD>
    <TD STYLE="width: 50%; padding: 3pt; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="color: #222222"><B>Not Applicable</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222">(State or other jurisdiction of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222">incorporation or organization)</P></TD>
    <TD STYLE="padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222">(I.R.S. Employer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222">Identification Number)</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">111 quai du Pr&eacute;sident Roosevelt
92130 Issy-les-Moulineaux, France</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Tel. No.: +33-1-44-44-82-00</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">(Address and
telephone number of Registrant&rsquo;s principal executive offices)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-size: 14pt">ORANGE EMPLOYEE
SHARE OFFERING &ndash; TOGETHER 2021<BR>
</FONT><FONT STYLE="font-weight: normal">(Full title of the plan)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Orange Participations U.S. Inc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="background-color: white">13865 Sunrise
Valley Drive</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="background-color: white">Coppermine
Commons, Suite 425 </FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="background-color: white">Herndon,
Virginia 20171-6190 </FONT>USA</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Tel. No.: +1-703-375-7358</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-weight: normal">(Name, address
and telephone number of agent for service)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Copies to:</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Sami L. Toutounji, Esq.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Shearman &amp; Sterling LLP</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">7 Rue Jacques Bingen</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">75017 Paris, France</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Indicate by check mark whether the Registrant is a large accelerated
filer, an accelerated filer or a non-accelerated filer, or a smaller reporting company. See the definitions of &ldquo;large accelerated
filer&rdquo;, &ldquo;accelerated filer&rdquo; and &ldquo;smaller reporting company&rdquo; in Rule 12b-2 of the Exchange Act. (Check one):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Large accelerated filer&nbsp; <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10.5pt"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 10.5pt; width: 10.5pt"></FONT>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accelerated filer&nbsp; <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10.5pt"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 10.5pt; width: 10.5pt"></FONT>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-accelerated filer&nbsp; <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10.5pt"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 10.5pt; width: 10.5pt"></FONT>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smaller reporting company&nbsp; <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10.5pt"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 10.5pt; width: 10.5pt"></FONT></P>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">1</P>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">CALCULATION OF REGISTRATION FEE</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; border-top: black 1.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Title of Securities</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>to be Registered</B></P></TD>
    <TD STYLE="width: 13%; border-top: black 1.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Amount to be</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Registered</B></P></TD>
    <TD STYLE="width: 22%; border-top: black 1.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Proposed Maximum</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Offering Price Per Security</B></P></TD>
    <TD STYLE="width: 21%; border-top: black 1.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Proposed Maximum</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Aggregate Offering Price</B></P></TD>
    <TD STYLE="width: 15%; border-top: black 1.5pt double; border-bottom: black 1pt solid; padding: 3pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Amount of</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: #222222"><B>Registration Fee</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 3pt"><FONT STYLE="color: #222222">Ordinary Shares, nominal value &euro;4.00 per share (the &ldquo;<B>Ordinary Shares</B>&rdquo;) (1)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 3pt; text-align: center"><FONT STYLE="color: #222222">400,000 (2)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 3pt; text-align: center"><FONT STYLE="color: #222222">$10.93 (3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 3pt; text-align: center"><FONT STYLE="color: #222222">$4,372,000.00</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 3pt; text-align: center"><FONT STYLE="color: #222222">$476.99</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>American Depositary Receipts evidencing American Depositary Shares (&ldquo;<B>ADSs</B>&rdquo;) issuable upon request after
                                                           expiration of the five-year lock-up period on deposit of the Ordinary Shares of Orange SA (the &ldquo;<B>Registrant</B>&rdquo;) have
                                                           been registered pursuant to separate registration statements on Form F-6 (Registration Nos. 333-137049, 333-149853, 333-181401) and
                                                           currently are traded on the New York Stock Exchange under the ticker symbol &ldquo;ORAN.&rdquo;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>This registration statement on Form S-8 (the &ldquo;<B>Registration Statement</B>&rdquo;) covers up to <FONT STYLE="color: #222222">400,000</FONT>
Ordinary Shares that may be acquired by eligible employees under the Orange Employee Share Offering (the &ldquo;<B>Plan</B>&rdquo;). The
amount being registered also includes an indeterminate number of Ordinary Shares which may be offered as a result of stock splits, stock
dividends and anti-dilution provisions and other terms, in each case in accordance with Rule 416 of the Securities Act of 1933, as amended
(the &ldquo;<B>Securities Act</B>&rdquo;).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>Estimated solely for the purpose of calculating the registration fee. Such estimate is calculated pursuant to Rules 457(c) and 457(h)
under the Securities Act, based on the average of the high and low prices ($10.97 and $10.88, respectively)
the Registrant&rsquo;s ADSs on the New York Stock Exchange on September 29, 2021.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Part I</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">INFORMATION REQUIRED IN THE SECTION 10(a)
PROSPECTUS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The information required by Item 1 and Item 2 of Part I of Form S-8 is
omitted from this filing in accordance with Rule 428 under the Securities Act and the introductory note to Part I of Form S-8. The documents
containing the information specified in Part I will be delivered to the participants in the plan covered by this Registration Statement
as required by Rule 428(b)(1).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Part II</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 3.</TD><TD>Incorporation of Documents by Reference.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We incorporate by reference:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">-</TD><TD>our Annual Report on Form 20-F for the fiscal year ended December 31, 2020 (File No. 1-14712) (our &ldquo;<B>Annual Report</B>&rdquo;),
filed on March 18, 2021 with the U.S. Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) pursuant to the Securities
Exchange Act of 1934, as amended (the &ldquo;<B>Exchange Act</B>&rdquo;);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">-</TD><TD>the description of our Ordinary Shares contained in Item 10 of our Annual Report on Form 20-F for the fiscal year ended December 31,
2007 (File No. 1-14712), filed on May 2, 2008 with the Commission.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">All documents that the Registrant subsequently files (but not furnishes)
with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment
to this Registration Statement which indicates that all securities offered have been sold, or which deregisters all securities then remaining
unsold, shall be deemed to be incorporated by reference in this Registration Statement and are a part thereof from the date of filing
of such documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Any statement contained in a document incorporated or deemed incorporated
by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to
the extent that a statement contained herein or in any other subsequently filed document which is incorporated by reference herein modifies
or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 4.</TD><TD>Description of Securities.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Not applicable.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 5.</TD><TD>Interests of Named Experts and Counsel.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">C&eacute;dric Testut, who is providing an opinion on the legality of the
Ordinary Shares being registered hereby, is Group General Counsel of the Registrant. As an employee of the Registrant, C&eacute;dric Testut
participates or is eligible to participate in employee benefit plans of the Registrant on the same basis as other similarly eligible employees.
Pursuant to such plans, he owns or has options or other rights to acquire an aggregate of less than 1% of the outstanding Ordinary Shares.
C&eacute;dric Testut is eligible to participate in the Plan.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 6.</TD><TD>Indemnification of Directors and Officers.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Registrant maintains liability insurance for its directors and officers,
including insurance against liabilities under the Securities Act.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 7.</TD><TD>Exemption from Registration Claimed.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Not applicable.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 8.</TD><TD>Exhibits.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">See Exhibit List.</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 9.</TD><TD>Undertakings.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD>The undersigned Registrant hereby undertakes:</TD></TR></TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
file, during any period in which offers or sales are being made of securities registered hereby, a post-effective amendment to this Registration
Statement which shall include any material information with respect to the plan of distribution not previously disclosed in the Registration
Statement or any material change to such information in the Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
be the initial <I>bona fide</I> offering thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: 0.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">provided, however, that the undertakings set forth in paragraphs
(a)(1) and (a)(2) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference
in this Registration Statement.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>The undersigned Registrant hereby further undertakes that, for purposes of determining any liability under the Securities Act, each
filing of the Registrant&rsquo;s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by reference
in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide offering thereof.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD>Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Act, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Paris, Republic of France, on September
30, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 243.35pt; text-indent: -27.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-left: 27.35pt; text-indent: -27.35pt">ORANGE SA</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-left: 27.35pt; text-indent: -27.35pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-left: 27.35pt; text-indent: -27.35pt">&nbsp;</TD></TR>
      <TR STYLE="vertical-align: top">
    <TD STYLE="width: 46%; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 6%; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 48%; text-indent: 0in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">By:&nbsp;&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-indent: 0in">/s/ Ramon Fernandez</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Name:</TD>
    <TD STYLE="text-indent: 0in">Ramon Fernandez</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 12pt; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="padding-bottom: 12pt; text-indent: 0in">Title:</TD>
    <TD STYLE="padding-bottom: 12pt; text-indent: 0in">Chief Executive Officer Delegate, Finance, Performance and Development (Chief Financial Officer)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 243.35pt; text-indent: -27.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><A NAME="a_001"></A>POWER OF ATTORNEY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints each of Ramon Fernandez, Matthieu Bouchery and Vincent Lespine , and each of them severally, his true and
lawful attorney or attorneys, with power of substitution and resubstitution to sign in his name, place and stead in any and all such capacities,
the registration statement on Form S-8 (the &ldquo;<B>Registration Statement</B>&rdquo;) to be filed by Orange SA (the &ldquo;<B>Registrant</B>&rdquo;)
with the United States Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) in connection with the Orange Employee
Share Offering 2021 &ldquo;Together 2021,&rdquo; and any and all amendments thereto (including post-effective amendments) and any documents
in connection therewith, and any registration statement filed by the Registrant pursuant to Rule 462(b) under the Securities Act of 1933,
as amended (the &ldquo;<B>Securities Act</B>&rdquo;), which relates to the Registration Statement, and to file any of the same with the
Commission. Each of said attorneys shall have power to act with or without the other, and shall have full power and authority to do and
perform, in the name and on behalf of each such officer and director of the Registrant who shall have executed this Power of Attorney,
every act whatsoever which such attorneys, or any one of them, may deem necessary or desirable to be done in connection therewith as fully
and to all intents and purposes as such officer or director of the Registrant might or could do in person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Act, this Registration Statement
has been signed below by the following persons in the indicated capacities as of September 30, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%; padding-right: 5.4pt"><FONT STYLE="color: #222222"><B><U>Name and Signature</U></B></FONT></TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 40%; padding-right: 5.4pt"><FONT STYLE="color: #222222"><B><U>Title</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: -12.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Stephane Richard&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Stephane Richard</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #222222">Chairman and Chief Executive Officer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #222222">(Principal Executive Officer)</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.2in"><FONT STYLE="color: #222222">/s/ Ramon Fernandez&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.2in;"><FONT STYLE="color: #222222">Ramon Fernandez</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Chief Executive Officer Delegate,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Finance, Performance and</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Development (Principal Financial Officer)</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.2in; padding-left: 5.75pt"><FONT STYLE="color: #222222">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Corentin Maign&eacute;&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Corentin Maign&eacute;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">Principal Accounting Officer</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ St&eacute;phanie Besnier&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">St&eacute;phanie Besnier</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Alexandre Bompard&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Alexandre Bompard</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Anne-Gabrielle Heilbronner&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Anne-Gabrielle Heilbronner &nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Christel Heydemann&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Christel Heydemann </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; width: 55%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; width: 40%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Fabrice Jolys&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Fabrice Jolys </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Helle Kristoffersen &#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Helle Kristoffersen</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Anne Lange&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">Anne Lange</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Ren&eacute; Ollier&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Ren&eacute; Ollier </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Bernard Ramanantsoa&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Bernard Ramanantsoa</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Frederic Sanchez &#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">Fr&eacute;d&eacute;ric Sanchez</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Jean-Michel Severino&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Jean-Michel Severino</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Thierry Sommelet&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Thierry Sommelet </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="color: #222222">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="color: #222222">/s/ Johan Van den Cruijce&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #222222">Orange Participations U.S. Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #222222">By: Johan Van den Cruijce</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #222222">Title: President, Orange Participations U.S. Inc.</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">EXHIBIT INDEX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 168px; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><U>Exhibit No. </U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><U>Description of Document</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="https://www.sec.gov/Archives/edgar/data/1038143/000163462117000007/exhibit_1.1.htm">4.1</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="https://www.sec.gov/Archives/edgar/data/1038143/000163462117000007/exhibit_1.1.htm">Bylaws (<I>statuts</I>), as amended on June 7, 2016, filed with the Annual Report on Form 20-F for the fiscal year ended December 31, 2016 (File No. 1-14712), filed with the Commission on April 7, 2017.</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><U><A HREF="ss521072_ex0402.htm">4.2*</A></U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="ss521072_ex0402.htm">U.S. Employee Plan Document &ldquo;Together 2021.&rdquo;</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><U><A HREF="ss521072_ex0501.htm">5.1*</A></U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="ss521072_ex0501.htm">Opinion of C&eacute;dric Testut, as to the validity of the shares to be delivered pursuant to the Orange Employee Share Offering 2021.</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><U><A HREF="ss521072_ex2301.htm">23.1*</A></U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="ss521072_ex2301.htm">Consent of Ernst &amp; Young Audit as independent registered public accounting firm of Orange SA.</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><U><A HREF="ss521072_ex2302.htm">23.2*</A></U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="ss521072_ex2302.htm">Consent of KPMG S.A as independent registered public accounting firm of Orange SA.</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="ss521072_ex0501.htm">23.3*</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="ss521072_ex0501.htm">Consent of C&eacute;dric Testut (included in Exhibit 5.1).</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="#a_001">24*</A> </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="color: #222222"><A HREF="#a_001">Power of Attorney (included on the signature page).</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: -0.5in">* Filed herewith.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 22.5pt; color: #222222">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 22.5pt; color: #222222">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 22.5pt; color: #222222">&nbsp;</P>
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[{"type": "S-8", "sequence": "1", "filename": "ss521072_s8.htm", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 56562}]
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As filed with the Commission on September
30, 2021 - Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
ORANGE
(Exact name
of Registrant as specified in its charter)
Republic of France
Not Applicable
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
111 quai du Président Roosevelt
92130 Issy-les-Moulineaux, France
Tel. No.: +33-1-44-44-82-00
(Address and
telephone number of Registrant's principal executive offices)
ORANGE EMPLOYEE
SHARE OFFERING – TOGETHER 2021
(Full title of the plan)
Orange Participations U.S. Inc.
13865 Sunrise
Valley Drive
Coppermine
Commons, Suite 425
Herndon,
Virginia 20171-6190
USA
Tel. No.: +1-703-375-7358
(Name, address
and telephone number of agent for service)
Copies to:
Sami L. Toutounji, Esq.
Shearman & Sterling LLP
7 Rue Jacques Bingen
75017 Paris, France
Indicate by check mark whether the Registrant is a large accelerated
filer, an accelerated filer or a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated
filer", "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
Accelerated filer
Non-accelerated filer
Smaller reporting company
1
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount to be
Registered
Proposed Maximum
Offering Price Per Security
Proposed Maximum
Aggregate Offering Price
Amount of
Registration Fee
Ordinary Shares, nominal value €4.00 per share (the "
Ordinary Shares
") (1)
400,000 (2)
$10.93 (3)
$4,372,000.00
$476.99
(1)
American Depositary Receipts evidencing American Depositary Shares ("
ADSs
") issuable upon request after
                                                           expiration of the five-year lock-up period on deposit of the Ordinary Shares of Orange SA (the "
Registrant
") have
                                                           been registered pursuant to separate registration statements on Form F-6 (Registration Nos. 333-137049, 333-149853, 333-181401) and
                                                           currently are traded on the New York Stock Exchange under the ticker symbol "ORAN."
(2)
This registration statement on Form S-8 (the "
Registration Statement
") covers up to
400,000
Ordinary Shares that may be acquired by eligible employees under the Orange Employee Share Offering (the "
Plan
"). The
amount being registered also includes an indeterminate number of Ordinary Shares which may be offered as a result of stock splits, stock
dividends and anti-dilution provisions and other terms, in each case in accordance with Rule 416 of the Securities Act of 1933, as amended
(the "
Securities Act
").
(3)
Estimated solely for the purpose of calculating the registration fee. Such estimate is calculated pursuant to Rules 457(c) and 457(h)
under the Securities Act, based on the average of the high and low prices ($10.97 and $10.88, respectively)
the Registrant's ADSs on the New York Stock Exchange on September 29, 2021.
2
Part I
INFORMATION REQUIRED IN THE SECTION 10(a)
PROSPECTUS
The information required by Item 1 and Item 2 of Part I of Form S-8 is
omitted from this filing in accordance with Rule 428 under the Securities Act and the introductory note to Part I of Form S-8. The documents
containing the information specified in Part I will be delivered to the participants in the plan covered by this Registration Statement
as required by Rule 428(b)(1).
3
Part II
INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
Item 3.
Incorporation of Documents by Reference.
We incorporate by reference:
-
our Annual Report on Form 20-F for the fiscal year ended December 31, 2020 (File No. 1-14712) (our "
Annual Report
"),
filed on March 18, 2021 with the U.S. Securities and Exchange Commission (the "
Commission
") pursuant to the Securities
Exchange Act of 1934, as amended (the "
Exchange Act
");
-
the description of our Ordinary Shares contained in Item 10 of our Annual Report on Form 20-F for the fiscal year ended December 31,
2007 (File No. 1-14712), filed on May 2, 2008 with the Commission.
All documents that the Registrant subsequently files (but not furnishes)
with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment
to this Registration Statement which indicates that all securities offered have been sold, or which deregisters all securities then remaining
unsold, shall be deemed to be incorporated by reference in this Registration Statement and are a part thereof from the date of filing
of such documents.
Any statement contained in a document incorporated or deemed incorporated
by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to
the extent that a statement contained herein or in any other subsequently filed document which is incorporated by reference herein modifies
or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts and Counsel.
Cédric Testut, who is providing an opinion on the legality of the
Ordinary Shares being registered hereby, is Group General Counsel of the Registrant. As an employee of the Registrant, Cédric Testut
participates or is eligible to participate in employee benefit plans of the Registrant on the same basis as other similarly eligible employees.
Pursuant to such plans, he owns or has options or other rights to acquire an aggregate of less than 1% of the outstanding Ordinary Shares.
Cédric Testut is eligible to participate in the Plan.
Item 6.
Indemnification of Directors and Officers.
The Registrant maintains liability insurance for its directors and officers,
including insurance against liabilities under the Securities Act.
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8.
Exhibits.
See Exhibit List.
Item 9.
Undertakings.
(a)
The undersigned Registrant hereby undertakes:
4
(1)       To
file, during any period in which offers or sales are being made of securities registered hereby, a post-effective amendment to this Registration
Statement which shall include any material information with respect to the plan of distribution not previously disclosed in the Registration
Statement or any material change to such information in the Registration Statement;
(2)       That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
be the initial
bona fide
offering thereof; and
(3)       To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering;
provided, however, that the undertakings set forth in paragraphs
(a)(1) and (a)(2) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference
in this Registration Statement.
(b)
The undersigned Registrant hereby further undertakes that, for purposes of determining any liability under the Securities Act, each
filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by reference
in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.
5
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Paris, Republic of France, on September
30, 2021.
ORANGE SA
By:
/s/ Ramon Fernandez
Name:
Ramon Fernandez
Title:
Chief Executive Officer Delegate, Finance, Performance and Development (Chief Financial Officer)
6
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints each of Ramon Fernandez, Matthieu Bouchery and Vincent Lespine , and each of them severally, his true and
lawful attorney or attorneys, with power of substitution and resubstitution to sign in his name, place and stead in any and all such capacities,
the registration statement on Form S-8 (the "
Registration Statement
") to be filed by Orange SA (the "
Registrant
")
with the United States Securities and Exchange Commission (the "
Commission
") in connection with the Orange Employee
Share Offering 2021 "Together 2021," and any and all amendments thereto (including post-effective amendments) and any documents
in connection therewith, and any registration statement filed by the Registrant pursuant to Rule 462(b) under the Securities Act of 1933,
as amended (the "
Securities Act
"), which relates to the Registration Statement, and to file any of the same with the
Commission. Each of said attorneys shall have power to act with or without the other, and shall have full power and authority to do and
perform, in the name and on behalf of each such officer and director of the Registrant who shall have executed this Power of Attorney,
every act whatsoever which such attorneys, or any one of them, may deem necessary or desirable to be done in connection therewith as fully
and to all intents and purposes as such officer or director of the Registrant might or could do in person.
Pursuant to the requirements of the Securities Act, this Registration Statement
has been signed below by the following persons in the indicated capacities as of September 30, 2021.
Name and Signature
Title
/s/ Stephane Richard
Stephane Richard
Chairman and Chief Executive Officer
(Principal Executive Officer)
/s/ Ramon Fernandez
Ramon Fernandez
Chief Executive Officer Delegate,
Finance, Performance and
Development (Principal Financial Officer)
/s/ Corentin Maigné
Corentin Maigné
Principal Accounting Officer
/s/ Stéphanie Besnier
Stéphanie Besnier
Director
/s/ Alexandre Bompard
Alexandre Bompard
Director
/s/ Anne-Gabrielle Heilbronner
Anne-Gabrielle Heilbronner
Director
/s/ Christel Heydemann
Christel Heydemann
Director
7
/s/ Fabrice Jolys
Fabrice Jolys
Director
/s/ Helle Kristoffersen
Helle Kristoffersen
Director
/s/ Anne Lange
Anne Lange
Director
/s/ René Ollier
René Ollier
Director
/s/ Bernard Ramanantsoa
Bernard Ramanantsoa
Director
/s/ Frederic Sanchez
Frédéric Sanchez
Director
/s/ Jean-Michel Severino
Jean-Michel Severino
Director
/s/ Thierry Sommelet
Thierry Sommelet
Director
/s/ Johan Van den Cruijce
Orange Participations U.S. Inc.
By: Johan Van den Cruijce
Title: President, Orange Participations U.S. Inc.
8
EXHIBIT INDEX
Exhibit No.
Description of Document
4.1
Bylaws (
statuts
), as amended on June 7, 2016, filed with the Annual Report on Form 20-F for the fiscal year ended December 31, 2016 (File No. 1-14712), filed with the Commission on April 7, 2017.
4.2*
U.S. Employee Plan Document "Together 2021."
5.1*
Opinion of Cédric Testut, as to the validity of the shares to be delivered pursuant to the Orange Employee Share Offering 2021.
23.1*
Consent of Ernst & Young Audit as independent registered public accounting firm of Orange SA.
23.2*
Consent of KPMG S.A as independent registered public accounting firm of Orange SA.
23.3*
Consent of Cédric Testut (included in Exhibit 5.1).
24*
Power of Attorney (included on the signature page).
* Filed herewith.
9