Legislative part

The chairman, chief executive officers, members of the management board of a company, natural persons or legal entities exercising in this company the functions of director or member of the supervisory board as well as the permanent representatives of legal entities exercising these functions are required, under the conditions determined by decree in Council of State, to register or deposit the shares belonging to themselves or to their unemancipated minor…

The voting right attached to the share belongs to the beneficial owner at ordinary general meetings and to the bare owner at extraordinary general meetings. Joint owners of undivided shares are represented at general meetings by one of them or by a single proxy. In the event of disagreement, the proxy shall be appointed in court at the request of the most diligent co-owner. Voting rights shall be exercised by…

The Company may not validly vote with shares subscribed, acquired or pledged by it. Such shares shall not be taken into account in calculating the quorum.

Any shareholder may attend Extraordinary General Meetings and any shareholder owning shares referred to in Article L. 225-99 may participate in special meetings. Any clause to the contrary is deemed unwritten.

Attendance sheets shall be kept at each meeting, the particulars of which shall be determined by decree of the Conseil d’Etat and to which shall be appended the powers given to each proxy. The decisions of the meeting must be recorded in minutes, the particulars of which shall be determined by decree of the Conseil d’Etat. In the event of non-compliance with this article, the deliberations of the meeting may…

Any shareholder has the right, under the conditions and within the time limits determined by decree in the Conseil d’Etat, to obtain communication of: 1° The annual financial statements and the list of directors or members of the management board and supervisory board, and, where applicable, the consolidated financial statements; 2° The reports of the board of directors or management board and supervisory board, as applicable, and of the statutory…

Before the meeting of any general meeting, any shareholder has the right to obtain, under the conditions and within the time limits determined by decree of the Conseil d’Etat, a list of shareholders.

Any shareholder has the right, at any time, to obtain the documents referred to in Article L. 225-115 and concerning the last three financial years, as well as the minutes and attendance sheets of the General Meetings held during these last three financial years.

The right to disclosure of documents, provided for in articles L. 225-115, L. 225-116 and L. 225-117, also belongs to each of the co-owners of undivided shares, to the bare owner and to the usufructuary of shares.

The deliberations taken by the meetings in violation of articles L. 225-96, L. 225-97, L. 225-98, the third and fourth paragraphs of article L. 225-99 and the second and third paragraphs of I of article L. 225-100 sont nulles. In the event of a breach of the provisions of articles L. 225-115 and L. 225-116 or of the decree issued for their application, the meeting may be cancelled. Decisions taken…