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Article L518-2 of the French Monetary and Financial Code

Caisse des Dépôts et Consignations and its subsidiaries form a public group serving the public interest and the country’s economic development. This group carries out public interest missions in support of public policies conducted by the State and local authorities, and may engage in competitive activities. Caisse des Dépôts et Consignations is a special institution responsible for administering deposits and consignments, providing services relating to the funds entrusted to it…

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Article L518-4 of the French Monetary and Financial Code

The Supervisory Board is made up of : 1° Two members of the standing committee of the National Assembly responsible for finance, at least one of whom belongs to a group that has declared that it does not support the Government; 2° One member of the standing committee of the National Assembly responsible for economic affairs; 3° One member of the standing committee of the Senate responsible for finance; 4°…

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Article L518-7 of the French Monetary and Financial Code

The Supervisory Board ensures ongoing control of the management of Caisse des dépôts et consignations by the Chief Executive Officer. It may delegate some of its powers to the Chief Executive Officer, who shall report to it on the decisions he has taken by virtue of this delegation. It is provided with sufficient resources to ensure the proper performance of its duties and the mandate of its members, in accordance…

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Article L518-8 of the French Monetary and Financial Code

The Supervisory Board has an Investment Committee and other specialised committees, the list and powers of which are set out in its internal regulations. The role of the Investment Committee is to oversee the implementation of Caisse des Dépôts et Consignations’ investment policy. It is informed in advance of transactions that lead Caisse des dépôts et consignations to acquire or dispose of equity securities or securities giving access to the…

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Article L518-9 of the French Monetary and Financial Code

In order to carry out its duties, the Supervisory Board carries out checks and controls and obtains all the documents it deems necessary. It may submit observations and opinions to the Managing Director. The Supervisory Board may decide to make its observations and opinions public.

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Article L518-10 of the French Monetary and Financial Code

The Supervisory Board’s report on the moral and material management of the institution during the past year is sent to Parliament before 30 June. This report includes, for the year in question, the minutes of the committee’s meetings, to which are appended the opinions, motions or resolutions that it has voted, as well as the table of estimated resources and uses of the general section and the savings sections, which…

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