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4.4 Legal risk - Scor

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and, for the not tax resident of France, the Free Share Plan of 7 May 2008 and 26 August 2008 whose transfer occurred<br />

respectively on 8 May 2012 and 27 August 2012.<br />

17.3.3 STOCK OPTION PLANS CURRENTLY IN FORCE WITHIN THE GROUP<br />

For the list of the stock options plans currently in force within the Group refer to Appendix A – 1.5. Notes to the Corporate<br />

Financial Statements, Note 12 – Stock Options.<br />

For the number of stock options underlying shares held on the issuer and on the companies referred to previously and<br />

exercised during the financial year by the ten employees of the issuer or these companies, whose number of options thus<br />

purchased or subscribed is the highest, as well as the stock options granted to ten employees not Company officers whose<br />

number of options thus purchased is the highest, refer to table in Section 17.2.2 – Stock options held by the members of the<br />

Executive Committee and other company officers as at 31 December 2012.<br />

17.3.4 EMPLOYEE SAVINGS PLAN<br />

Group employees (excluding directors and officers) may invest in the Employee Savings Plan. An agreement specifies the<br />

principle, financing, and conditions of the Plan. The Employee Savings Plan has four mutual investment funds, two of which<br />

are entirely dedicated to SCOR. An employer’s contribution is expected on two funds. The funds may receive several types<br />

of deposits: sums received from profit-sharing plans, collective incentive plans, or any other voluntary contributions.<br />

On 4 May 2011, the Combined Shareholders’ Meeting of the Company in its thirtieth first resolution delegated its authority to<br />

the Company’s Board of Directors in order to increase the share capital by issuing shares reserved for employees of the<br />

company and of French and foreign companies affiliated with it pursuant to Article L. 225-180 of the French Commercial<br />

Code, who are participants in savings plans and/or any mutual funds, eliminating the pre-emptive right they have. This new<br />

authorization replaces the authorization granted by the General Shareholders’ Meeting of 28 April 2010.<br />

As at the date of the Registration Document, the Company’s Board of Directors has not exercised this authorization. This<br />

authorization was granted for a period of eighteen months as at the date of the Combined Shareholders’ Meeting on 4 May<br />

2011.<br />

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