Subsection 3: Shareholders' meetings

The articles of association of companies whose shares are admitted to trading on a regulated market may not provide for higher quorums for meetings of their extraordinary general meeting than those indicated in the second paragraph of article L. 225-96.

The Articles of Association of companies whose shares are admitted to trading on a regulated market may not provide, on first call, for a higher quorum for meetings of their Ordinary General Meeting than that provided for in the first sentence of the second paragraph of Article L. 225-98.

The Articles of Association of companies whose shares are admitted to trading on a regulated market may not provide for higher quorums for meetings of their special meetings than those mentioned in the third paragraph of Article L. 225-99.

I.-In companies whose shares are admitted to trading on a regulated market, the Ordinary General Meeting shall decide on a draft resolution relating to the information mentioned in I of Article L. 22-10-9. Where the Ordinary General Meeting does not approve the draft resolution referred to in the previous paragraph, the Board of Directors or the Supervisory Board shall submit a revised remuneration policy, taking into account the shareholders’ vote,…

In companies whose securities are admitted to trading on a regulated market, the management report presented by the Board of Directors or the Management Board to the Ordinary General Meeting referred to in the second paragraph of Article L. 225-100 includes, in addition to the information mentioned in article L. 225-100-1, the following information:

The provisions of Article L. 225-102-1, relating to the extra-financial performance declaration and the consolidated extra-financial performance declaration, are applicable to companies whose securities are admitted to trading on a regulated market where the balance sheet total or turnover and the number of employees exceed thresholds set by decree in the Conseil d’Etat. For these companies, in addition to the information mentioned in III of Article L. 225-102-1, the extra-financial…

By way of derogation from the second and third sentences of IV of Article L. 225-102-3, issuers mentioned in I and II of Article L. 451-1-2 of the Monetary and Financial Code and subject to the obligations defined in I of Article L. 225-102-3 whose equity or debt securities are admitted to trading on a regulated market publish their report on payments made to the authorities of each of the…

The provisions of the Articles of Association relating to the holding of meetings exclusively by videoconference or by means of telecommunication provided for in Article L. 225-103-1 does not apply to companies whose shares are admitted to trading on a regulated market.

Other than the persons mentioned in I of article L. 225-106, a shareholder may be represented by any other natural person or legal entity of his choice when the company’s shares are admitted to trading on a regulated market or a multilateral trading facility subject to the provisions of II of article L. 433-3 of the Monetary and Financial Code under the conditions laid down by the General Regulations of…

Where, in the cases provided for in the first paragraph of Article L. 22-10-39, the shareholder is represented by a person other than his spouse or the partner with whom he has entered into a civil solidarity pact, he shall be informed by his proxy of any fact enabling him to assess the risk that the proxy may be pursuing an interest other than his own. This information shall relate…