Subsection 1: Capital increases.

If shares are paid up by offsetting claims on the company, these claims are the subject of an account statement drawn up by the Board of Directors or the Management Board and certified as accurate by the statutory auditor.

The capital increase through the issue of shares to be subscribed for in cash is carried out, depending on the case, on the date of the depositary’s certificate or on the date of signature of the guarantee contract entered into under the conditions provided for in Article L. 225-145.

In the event of contributions in kind or the stipulation of special benefits, the contribution auditors are appointed and carry out their duties under the conditions set out in article R. 22-10-7. The provisions of article R. 22-10-8 are applicable in the case of contributions in kind. In the case of the issue of preference shares to designated shareholders, the contribution auditors referred to in article L. 228-15 are appointed…

For the application of I of article L. 225-147-1, the decision of the Board of Directors or the Management Board not to appoint a contributions auditor, and all documents relating to the description and valuation of the contributions, including a certificate stating that no new circumstances have arisen that would alter this valuation, shall be kept, at the address of the Company’s registered office and at the registry of the…