Section 3: Shareholders' meetings.

The Extraordinary General Meeting alone has the power to amend all provisions of the Articles of Association. Any clause to the contrary shall be deemed unwritten. It may not, however, increase shareholders’ commitments, subject to transactions resulting from a regularly effected reverse stock split. It may only validly deliberate if the shareholders present or represented hold at least one quarter of the shares with voting rights on first call and…

The Extraordinary General Meeting may change the nationality of the company, provided that the host country has concluded a special agreement with France allowing the acquisition of its nationality and the transfer of the registered office to its territory, and preserving the company’s legal personality.

The Ordinary General Meeting takes all decisions other than those referred to in Articles L. 225-96 and L. 225-97. The Board may only validly deliberate on first call if the shareholders present or represented own at least one-fifth of the shares with voting rights. The Articles of Association may provide for a higher quorum. On second call, no quorum is required. Decisions are taken by a majority of the votes…

Special meetings are attended by the holders of shares of a given class. A decision by a general meeting to amend the rights relating to a class of shares is only definitive after approval by the special meeting of shareholders of that class. Special meetings are valid only if the shareholders present or represented own at least, on first call, one third and, on second call, one fifth of the…

I.-An Ordinary General Meeting is held at least once a year, within six months of the end of the financial year, unless this period is extended by court order. If the Ordinary General Meeting has not been convened within this period, the Public Prosecutor or any shareholder may apply to the president of the competent court ruling in summary proceedings in order to enjoin, if necessary under penalty, the directors…

I. – The management report referred to in the second paragraph of Article L. 225-100 includes the following information: 1° An objective and exhaustive analysis of the development of the company’s business, results and financial position, in particular its debt situation, with regard to the volume and complexity of its business; 2° To the extent necessary for an understanding of the development of the company’s business, results or position, key…

When the company, within two years of its registration, acquires an asset belonging to a shareholder and whose value is at least equal to one tenth of the share capital, a commissioner, responsible for assessing, under his responsibility, the value of this asset, shall be appointed by court decision, at the request of the chairman of the board of directors or the management board, as the case may be. This…

The management report referred to in the second paragraph of article L. 225-100 presented by the Board of Directors or the Management Board, as the case may be, to the General Meeting gives an annual account of the employees’ shareholding in the company’s capital on the last day of the financial year and establishes the proportion of the capital represented by the shares held by the company’s personnel and by…

I. – A declaration of extra-financial performance is inserted in the management report provided for in the second paragraph of Article L. 225-100, when the balance sheet total or turnover and the number of employees exceed thresholds set by decree in the Conseil d’Etat. II. – The companies referred to in I which draw up consolidated accounts in accordance with article L. 233-16 are required to publish a consolidated statement…

For companies operating at least one facility on the list provided for in Article L. 515-36of the Environment Code, the report mentioned in the second paragraph of article L. 225-100 of this code: -informs the company’s policy for preventing the risk of technological accidents; -reports on the company’s ability to cover its civil liability with respect to property and individuals arising from the operation of such facilities; -specifies the resources…