The voting rights attached to the ordinary shares are proportional to the percentage of capital they represent. Each ordinary share carries one vote.
Where the shares are subject to usufruct, the voting rights attached to these shares belong to the usufructuaries at ordinary general meetings and to the bare owners at extraordinary general meetings.
In accordance with the applicable legal provisions, a double voting right will be granted to fully paid-up shares that have been held continuously in registered form by the same holder for at least two (2) years. For the purpose of calculating this holding period, no account shall be taken of the period during which the Company’s shares were held prior to the date of admission of the Company’s shares to trading on Euronext Paris.
In accordance with Article L. 22-10-46 of the French Commercial Code, in the event of a capital increase through the capitalization of reserves, profits or share premiums, double voting rights are granted from the time of issue to new shares allocated free of charge to a shareholder in respect of existing shares for which he or she already benefits from this right.
This double voting right may be exercised at any meeting. The double voting right automatically ceases when the share is converted to a bearer share or transferred to another shareholder.