(Advisory vote on the remuneration elements due or allocated for the 2014 financial year to Mr Philippe Bordenave, Chief Operating Officer – recommendation of paragraph 24.3 of the Afep-Medef Code)
The Annual General Meeting, in accordance with the quorum and majority requirements applicable to Ordinary General Meetings and consulted pursuant to the Corporate Governance Code published by the French employers’ organisations - Association Française des Entreprises Privées (Afep) and Mouvement des Entreprises de France (Medef) -, hereby expresses a favourable opinion on the remuneration elements due or allocated to Mr Philippe Bordenave, Chief Operating Officer, as set out in the table listed in Part 2 Corporate Governance, Chapter 2.1 Presentation, Compensation section of the 2014 Registration document and annual financial report.
Presentation of the resolution
The tenth, eleventh, twelfth, thirteenth, fourteenth and fifteenth resolutions are detailed all together in the presentation of the fifteenth resolution hereafter.
Items of compensation due or awarded to Philippe Bordenave for the year 2014, subject to an advisory vote by shareholders are detailed pages24 & 25 of the Convening notice.