Article L5124-16 of the French Public Health Code
Subject to the provisions ofOrder no. 2014-948 of 20 August 2014 relating to the governance and capital transactions of publicly held companies, “Laboratoire français du fractionnement et des biotechnologies” is governed by the provisions of the French Commercial Code applicable to public limited companies. If the articles of association provide that the general management of the company is the responsibility of a managing director within the meaning ofarticle L. 225-51-1…