Fourteenth resolution

Fourteenth resolution

(of the appointments of the principal and deputy Auditors that are due to expire)

The Ordinary General Meeting, having reviewed the report of the Board of Directors, resolves to renew the appointments of the following Auditors:

- principal: PricewaterhouseCoopers Audit, 63 Rue de Villiers, Neuilly-sur-Seine (92),
- deputy: Pierre Coll, 63 Rue de Villiers, Neuilly-sur-Seine (92),
for a period of six years, expiring at the close of the Ordinary General Meeting to be called in 2012 to approve the financial statements for the year ending 31 December 2011.

Presentation of the resolution

In the twelfth, thirteenth and fourteenth resolutions, shareholders are asked to appoint Deloitte & Associés as principal Auditor and BEAS as deputy Auditor, and to renew the appointments of Mazars & Guérard and PricewaterhouseCoopers Audit as principal Auditors, and the appointments of Michel Barbet-Massin and Pierre Coll as deputy Auditors. These auditors will be appointed for a period of six years. They were chosen following a call for tenders launched at the end of 2005 by the Board of Directors' Financial Statements Committee.