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01. MAIN DOCUMENT1.2.1.7 :: Fiscal yearThe fiscal year lasts 12 months and runs from January1 st to December 31 st .1.2.1.8 :: Form of sharesFully paid-up shares may be held as registered or bearershares, as requested by <strong>the</strong> shareholder. They give riseto account registration under <strong>the</strong> terms, conditions andprocedures provided for under French law.1.2.1.9 :: General MeetingsUnder Article 19 of <strong>the</strong> bylaws, General Meetings areconvened as provided for under French law.In accordance with <strong>the</strong> provisions of Article R. 225-85of <strong>the</strong> French <strong>com</strong>mercial code, transposed in Article 21of <strong>the</strong> bylaws, <strong>the</strong> right to take part in General Meetingsis subject to securities being registered in <strong>the</strong> nameof <strong>the</strong> shareholder or <strong>the</strong>ir intermediary by 0h00 (Paristime) on <strong>the</strong> third working day before <strong>the</strong> meeting,ei<strong>the</strong>r in <strong>the</strong> registered securities accounts held by <strong>the</strong><strong>com</strong>pany, or in <strong>the</strong> bearer securities accounts held by anauthorized intermediary, as justified in accordance with<strong>the</strong> regulations in force.1.2.1.10 :: Rights associated with share - Dual voting rightsPursuant to Article 12 and 23 of <strong>the</strong> <strong>com</strong>pany bylaws, allshares shall be indistinguishable in terms of <strong>the</strong>ir categoryand rights both in respect of <strong>the</strong> distribution of profits and anydividends paid on liquidation. The voting rights associatedwith shares are proportional to <strong>the</strong> share capital representedby <strong>the</strong> shares. At General Meetings, each share carries <strong>the</strong>right to a single vote.Pursuant to a resolution adopted at <strong>the</strong> ExtraordinaryGeneral Meeting on December 11th, 2003, a voting rightthat is twice that conferred on o<strong>the</strong>r fully paid-up shares inrespect of <strong>the</strong> share capital <strong>the</strong>y represent is granted to allshares that have been registered for at least four years in <strong>the</strong>name of <strong>the</strong> same shareholder. In addition, in <strong>the</strong> event of acapital increase through <strong>the</strong> incorporation of reserves, profitsor issue premiums, dual voting rights shall be granted uponissue for registered shares freely allocated to a shareholderby way of new shares for which <strong>the</strong>y are entitled to this right.Except in cases provided for under French law, any shareconverted over to <strong>the</strong> bearer system or transferred over toano<strong>the</strong>r owner loses its double voting right.1.2.1.11 :: Statutory thresholdsPursuant to Article 10 of <strong>the</strong> <strong>com</strong>pany bylaws anyshareholder acting alone or in concert that directly orindirectly acquires at least 2.5% of <strong>the</strong> share capital orvoting rights, or any multiple <strong>the</strong>reof, must duly inform<strong>the</strong> Company of its interest within five working daysby registered mail (with delivery receipt) sent to <strong>the</strong>Company’s head office.Shareholders must duly inform <strong>the</strong> Company under <strong>the</strong>same conditions each time that <strong>the</strong>ir interests increase ordecrease by any multiple of 2.5%.If shareholders fail to make such declarations inaccordance with <strong>the</strong> aforementioned conditions, <strong>the</strong>shares in excess of <strong>the</strong> fraction that should have beendisclosed will not be entitled to voting rights at GeneralMeetings under <strong>the</strong> conditions required by law, where<strong>the</strong> non declaration has been acknowledged and whereone or more shareholders with at least 5% of <strong>the</strong> sharecapital or voting rights make a request to this effect.In addition to <strong>the</strong> above obligation, shareholders must<strong>com</strong>ply with <strong>the</strong> mandatory disclosure thresholdsapplicable under <strong>the</strong> legislation in force.1.2.1.12 :: Identification of bearer shareholdersPursuant to legal and regulatory requirements, <strong>the</strong><strong>com</strong>pany may at any time ask <strong>the</strong> responsible clearingorganization for <strong>the</strong> name, nationality and addressof holders of bearer shares in <strong>the</strong> <strong>com</strong>pany entitling<strong>the</strong>m immediately or at a later time to a vote in GeneralMeetings, as well as <strong>the</strong> quantity of shares held by eachone, and if necessary, any restrictions to which <strong>the</strong> saidshares may be subject.1.2.1.13 :: Distribution of profits (Article 29 of <strong>the</strong> <strong>com</strong>panybylaws) and payment of dividends (Art. 30)The amount needed to create <strong>the</strong> legal reserve under<strong>the</strong> terms and conditions provided for by <strong>the</strong> law iswithdrawn from fiscal year profits less any prior yearlosses as relevant.Distributable profit <strong>com</strong>prises profit for <strong>the</strong> fiscal year lessformer years’ losses and any amounts placed in reservespursuant to law and <strong>com</strong>pany bylaws, plus retainedearnings. The General Meeting votes on <strong>the</strong> allocation ofdistributable profits. It decides on <strong>the</strong> portions that willrespectively be allocated to reserves, shareholders in <strong>the</strong>form of a dividend, and retained earnings.GENERAL INFORMATIONON THE COMPANY AND ITS SHARE CAPITALPART018

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