4.4 Legal risk - Scor

21 ADDITIONAL INFORMATION
21.1 Share capital
21.1.1 AMOUNT OF ISSUED CAPITAL AND ADDITIONAL INFORMATION
Date
Amount of capital subscribed Number of shares outstanding
(In EUR)
2 March 2010 1,457,885,613.93 185,081,978
28 July 2010 1,478,740,032 187,729,495
31 December 2010 1,478,740,032 (1) 187,729,495 (1)
7 March 2011 1,478,740,032 187,729,495
11 July 2011 1,512,224,741.93 191,980,457
31 December 2011 1,512,224,741.93 191,980,457 (2)
7 March 2012 1,512,842,643.14 192,058,901
3 May 2012 1,512,224,741.93 191,980,457
31 December 2012 1,512,224,741.93 191,980,457 (3)
05 March 2013 1,516,681,107.50 192,546,203
All SCOR shares outstanding are fully paid up.
The holders of bonds convertible and/or exchangeable into new or existing SCOR shares (OCEANEs) had the option until
22 December 2009 included to exercise their share allotment right at rate of 0.117 SCOR share for each OCEANE
exercised. On 23 December 2009, the Company acknowledged the conversion of 7,987,792 OCEANEs, resulting in the
creation of 934,576 new SCOR shares. The OCEANEs non-exercised were reimbursed in cash on 4 January 2010. In
compliance with Article L. 225-149 of the French Commercial Code, the Board of Directors, on 2 March 2010, acknowledged
that 934,576 shares of a nominal value of EUR 7.8769723 each have been created on 31 December 2009 and that it
resulted in an increase in capital of a total nominal amount of EUR 7,361,629.26 to the benefit of the holders of OCEANEs.
The Board of Directors also brought the necessary amendments to the bylaws provisions relating to the share capital and to
the number of shares composing it.
According to the decision of the Extraordinary Shareholders General Meeting of the Company dated 18 May 2004, in its
fourth resolution to authorize the Board to grant to officers and employees options to subscribe for or purchase of shares
and to acknowledge, if necessary, at its first meeting following the year end of the Company, the number and amount of new
shares issued during that period following the exercise of options, the Board of Directors of SCOR SE acknowledged, on 2
March 2010, the capital increase of EUR 84,322.99 by creation of 10,705 shares with a nominal value of EUR 7.8769723
each.
Pursuant to the decision of the Extraordinary Shareholders General Meeting of the Company dated 15 April 2009, in its
twenty-first resolution to authorize the Board to reduce the share capital by cancellation of treasury shares, the Board of
Directors of SCOR SE decided on 2 March 2010 the share capital reduction of EUR 1,116,623.84 by cancellation of 141,758
new treasury shares with a nominal value of EUR 7.8769723 each. The reason for such decision of capital reduction is to
avoid any dilutive effect of the exercise of stock-options upon the share capital. Therefore, any issuance of shares due to the
exercise of stock-options is, from time to time, neutralized by the cancellation of the exact same amount of treasury shares.
According to the decision of the Extraordinary Shareholders General Meeting of the Company dated 18 May 2004, in its
fourth resolution to authorize the Board to grant to officers and employees options to subscribe for or purchase of shares
and to acknowledge, if necessary, at its first meeting following the year end of the Company, the number and amount of new
shares issued during that period following the exercise of options, the Board of Directors of SCOR SE acknowledged, on 28
July 2010, the capital increase of EUR 540,699.01 by creation of 68,643 shares with a nominal value of EUR 7.8769723
each.
Pursuant to the decision of the Extraordinary Shareholders General Meeting of the Company dated 28 April 2010, in its
eighteenth resolution to authorize the Board to reduce the share capital by cancellation of treasury shares, the Board of
(1) This figure corresponds to the share capital and to the number of shares as acknowledged by the Board of Directors on 28 July 2010, and stated in the by-laws of
the Company as at 31 December 2010. It does not take into account the shares that could have been issued between 28 July 2010 and 31 December 2010 due to
the exercise of stock-options. The figures that take these shares into account are referred to in Section 20.1.6 – Notes to the consolidated financial statements,
Note 13 – Information on share capital, capital management, regulatory framework and shareholders 'equity
(2) This figure corresponds to the share capital and to the number of shares as acknowledged by the Board of Directors on 27 July 2011, and stated in the by-laws of
the Company as at 31 December 2011. It does not take into account the shares that could have been issued between 7 March and 31 December 2011 due to the
exercise of stock-options. The figures that take these shares into account are referred to in Section 20.1.6 – Notes to the consolidated financial statements, Note
13 – Information on share capital, capital management, regulatory framework and shareholders 'equity
(3) This figure corresponds to the share capital and to the number of shares as acknowledged by the Board of Directors on 3 May 2012 and stated in the by-laws of
the Company as at 31 December 2012. It does not take into account the shares that could have been issued between 3 May 2012 and 31 December 2012 due to
the exercise of stock options. The figures that take these shares into account are referred to in Section 20.1.6 – Notes to the consolidated financial statements,
Note 13 – Information on share capital, capital management, regulatory framework ans shareholders’ equity.
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