Paragraph 3: Allocations of free shares

I.-The provisions of the Articles of Association concerning the case of free share allocations to certain categories of a company’s salaried employees provided for in the third sentence of the second paragraph of Article L. 225-197-1 is not applicable to companies whose shares are admitted to trading on a regulated market. II.-In a company whose shares are admitted to trading on a regulated market, at the end of the holding…

In a company whose shares are admitted to trading on a regulated market, shares may only be allocated under the first and second paragraphs of II of Article L. 225-197-1 only if the company fulfils at least one of the following conditions in respect of the financial year during which these shares are allocated: 1° The company proceeds, under the conditions provided for in articles L. 225-197-1 to L. 225-197-5…