Paragraph 2: Sociétés d'investissement à capital variable d'actionnariat salarié (open-ended investment companies with employee share ownership)

The purpose of a SICAV may be to manage a portfolio of financial securities issued by the company or by any company affiliated to it under the conditions set out in articles L. 3344-1 and L. 3344-2 of the Labour Code. The fourth and fifth paragraphs of II of article L. 214-165 of this Code apply to its Board of Directors. The Articles of Association provide that dividends and coupons…