(Amendments to the Articles of Association corresponding to the buyback of the non voting shares)
Ruling under the quorum and majority conditions required for Extraordinary General Meetings and after having taken note of the report of the Board of Directors, the General Meeting decides:
- to suppress all of the provisions of the Articles of Association concerning the non voting shares subscribed on 31 March 2009 by Société de Prise de Participation de l’Etat (SPPE), that have become redundant since their buyback in totality that took place on 28 October 2009. Consequently, the updating of the Articles of Association includes :
- the suppression of the Articles (or part(s) of Article(s)) concerning the non voting shares (involving the re-numbering of the Articles of Association) and, correspondingly,
- the suppression of any reference to the B Class of Shares and the replacement, at each occurrence, of the words “A Share’’ by the word ‘’share‘’ and ‘’A Shareholder’’ by the word ‘’shareholder’’, whether they are used in the singular or the plural,
- to adopt in their entirety the new draft Articles of Association shown in Appendix 1, in which all of the provisions of the Articles of Association concerning the preference shares are suppressed, it being specified that the share capital as well as the number of shares are only provided on an indicative basis and may change between the publication of the notice and this General Meeting of the shareholders.
Presentaiton of the resolution
The twenty-second resolution concerns the suppression in the Articles of Association of all of the provisions concerning non voting shares that have become pointless since the buyback of all of these securities on 28 October 2009.