(Amendment to the Articles of association related to the reform of the double voting rights established by law no 2014-384 of 29 March 2014 aimed at the recovery of the real economy.)
The Annual General Meeting, acting in accordance with the quorum and Extraordinary General Meeting majority requirements and having duly noted the Board of Directors report, decides to amend article 18 of the Articles of association by inserting a paragraph after the second paragraph that reads as follows: “By exemption from the last paragraph of article L.225-13 of the French Commercial Code, each share carries one voting right, and no share has a double voting right.
Presentation of the resolution
The purpose of the eighteenth resolution is to use the power granted by law no 2014-384 of 29 March 2014 aimed at the recovery of the real economy, the so-called Florange Act, to opt out of the automatic granting of double voting rights to shares of listed companies in registered form and held by a shareholder for more than two years from the date the law came into force. The Annual General Meeting is asked to confirm its support for the governance principle “ one share=one vote” by specifying in article 18 of the company’s articles of association that “ (...) each share carries one voting right and no share has a double voting right”.