Section 1: Participation in general meetings of the company's shareholders.

An employee appointed as a proxy for the company’s employee shareholders, in accordance with Article L. 225-106 of the French Commercial Code, shall confirm in writing to the employer, no later than forty-eight hours after his appointment, his intention to attend the General Meeting of shareholders, indicating the foreseeable duration of his absence.

The employer is not obliged to pay for time spent away from the company during working hours in order to carry out the representation mandate, nor is it obliged to reimburse the mandated employee for travel expenses.