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Article L225-218 of the French Commercial code

The Ordinary General Meeting may appoint one or more statutory auditors under the conditions set out in Articles L. 225-228 and L. 22-10-66. Companies which, at the end of a financial year, exceed the thresholds set by decree for two of the following three criteria are required to appoint at least one statutory auditor: their balance sheet total, the amount of their turnover excluding tax or the average number of…

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Article L225-228 of the French Commercial code

The statutory auditors shall be proposed for appointment by the general meeting by means of a draft resolution from the board of directors or the supervisory board or, under the conditions defined in section 3 of this chapter, from the shareholders. .

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Article L225-231 of the French Commercial code

An association meeting the conditions set out in Article L. 22-10-44, as well as one or more shareholders representing at least 5% of the share capital, either individually or grouped together in any form whatsoever, may put questions in writing to the Chairman of the Board of Directors or to the Management Board about one or more management operations of the company, as well as, where applicable, of the companies…

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Article L225-232 of the French Commercial code

One or more shareholders representing at least 5% of the share capital may, twice a financial year, put questions in writing to the Chairman of the Board of Directors or to the Management Board about any fact likely to jeopardise the continued operation of the company. The statutory auditor, if any, shall be informed of the answers.

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