Chapter V: Public limited companies.

Before the meeting of any general meeting, any shareholder has the right to obtain, under the conditions and within the time limits determined by decree of the Conseil d’Etat, a list of shareholders.

Any shareholder has the right, at any time, to obtain the documents referred to in Article L. 225-115 and concerning the last three financial years, as well as the minutes and attendance sheets of the General Meetings held during these last three financial years.

The right to disclosure of documents, provided for in articles L. 225-115, L. 225-116 and L. 225-117, also belongs to each of the co-owners of undivided shares, to the bare owner and to the usufructuary of shares.

The deliberations taken by the meetings in violation of articles L. 225-96, L. 225-97, L. 225-98, the third and fourth paragraphs of article L. 225-99 and the second and third paragraphs of I of article L. 225-100 sont nulles. In the event of a breach of the provisions of articles L. 225-115 and L. 225-116 or of the decree issued for their application, the meeting may be cancelled. Decisions taken…

I.-Subject to the provisions of Articles L. 225-10, L. 225-123, L. 225-124, L. 225-125, L. 22-10-46, L. 22-10-47 and L. 22-10-48, the voting rights attached to capital shares or dividend-right shares are proportional to the percentage of capital they represent and each share gives the right to at least one vote. Any clause to the contrary is deemed unwritten. II.-In joint stock companies whose capital is, for a reason of…

The Articles of Association may grant double voting rights to all fully paid-up shares which have been registered in the name of the same shareholder for at least two years. In addition, in the event of a capital increase by capitalisation of reserves, profits or share premiums, double voting rights may be conferred, as from their issue, on registered shares allocated free of charge to a shareholder in respect of…

Any share converted into a bearer share or transferred in ownership loses the double voting right allocated pursuant to articles L. 225-123 and L. 22-10-46. However, a transfer as a result of inheritance, the liquidation of community property between spouses or an inter vivos gift to a spouse or relative entitled to inherit does not result in the loss of the acquired right and does not interrupt the period mentioned…

The Articles of Association may limit the number of votes available to each shareholder at meetings, provided that such limitation is imposed on all shares without distinction of class, other than non-voting preference shares.