(Overall limitation of issue authorisations with waiving of pre-emptive subscription rights)
The Shareholders’ Meeting, after having read the Board of Directors report:
- resolves to fix at 350 million euros the maximum nominal amount of the immediate and/or future capital increases, that could be carried out by virtue of the authorizations granted by the fourteenth to sixteenth resolutions above, an amount which may include, if applicable, the nominal amount of any additional ordinary shares to be issued to protect the interests of holders of securities that give access to the share capital, in accordance with applicable laws and regulations;
- decides to fix the maximum nominal amount of debt securities that can be issued in application of the authorizations granted by the foregoing resolutions at 7 billion euros, or the equivalent value of this amount in foreign currency or in units of account that are fixed in reference to several currencies, pursuant to the authorisations granted by the fourteenth to sixteenth resolutions above.
Presentation of the resolution
In the seventeenth resolution : it is also specified to the Shareholders’ Meeting that the total maximum nominal amount of capital increases likely to result, immediately or in the future, from the use of these authorisations comprising the waiving of pre-emptive subscription rights, set out in the fourteenth to sixteenth resolutions, may not under no circumstances exceed 350 million euros (14.5% of share capital). Likewise, the nominal amount of debt securities likely to be issued by virtue of the foregoing authorisations may not exceed 7 billion euros.