2007 - April

2.0
General information on the company and its share capital
And generally, any and all financial, commercial, industrial,
civil, real or transferable property operations directly or
indirectly related to one of these specified purposes or to
any corporate asset.
2.1.6. Trade and company register
The company is registered in the Lyons trade and company
register under number 377 994 553. Its APE code is 672Z.
2.1.7. Fiscal year
The fiscal year lasts 12 months and runs from January 1 st to
December 31st.
2.1.8. Form of shares
Fully paid-up shares may be held as registered or bearer
shares, as requested by the shareholder. They give rise
to account registration under the terms, conditions and
procedures provided for under French law.
2.1.9. General Meetings
In accordance with the provisions of Article R. 225-85 of
the French commercial code, transposed in Article 21 of the
bylaws, the right to take part in General Meetings is subject
to securities being registered in the name of the shareholder
or their intermediary by midnight (Paris time) on the third
working day before the meeting, either in the registered
securities accounts held by the company, or in the bearer
securities accounts held by an authorized intermediary, as
justified in accordance with the regulations in force.
2.1.10. Rights associated with share
Dual voting rights
Pursuant to Article 12 of the company bylaws:
All shares shall be indistinguishable in terms of their category
and rights both in respect of the distribution of profits and
any dividends paid on liquidation. The voting rights associated
with shares are proportional to the share capital represented
by the shares. At General Meetings, each share carries the
right to a single vote.
Furthermore, pursuant to Article 23 of the company
bylaws:
Pursuant to a resolution adopted at the Extraordinary General
Meeting on December 11th, 2003, a voting right that is twice
that conferred on other fully paid-up shares in respect of
the share capital they represent is granted to all shares that
have been registered for at least four years in the name of
the same shareholder. In addition, in the event of a capital
increase through the incorporation of reserves, profits or
issue premiums, dual voting rights shall be granted upon
issue for registered shares freely allocated to a shareholder
by way of new shares for which they are entitled to this right.
Any share converted over to the bearer system or transferred
over to another owner loses its double voting right.
2.1.11. Statutory thresholds
Pursuant to Article 10 of the company bylaws:
Any shareholder acting alone or in concert that directly
or indirectly acquires at least 2.5% of the share capital or
voting rights, or any multiple thereof, must duly inform the
Company of its interest within fifteen days by registered mail
(with delivery receipt) sent to the Company’s head office.
Shareholders must duly inform the Company under the same
conditions each time that their interests increase or decrease
by any multiple of 2.5%, up to 50% inclusive of the total
number of Company shares or voting rights.
If shareholders fail to make such declarations in accordance
with the aforementioned conditions, the shares in excess
of the fraction that should have been disclosed will not
be entitled to voting rights at General Meetings under the
conditions required by law, where the nondeclaration has
been acknowledged and where one or more shareholders
with at least 5% of the share capital or voting rights make a
request to this effect.
In addition to the above obligation, shareholders must
comply with the mandatory disclosure thresholds applicable
under the legislation in force.
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