|
Type of delegation or authorization |
Date of the meeting |
Duration of the authorization |
Amount authorized |
Used in 2019 |
|---|---|---|---|---|
|
Type of delegation or authorization Share buybacks |
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|
Authorization to trade in the Company’s shares* |
Authorization to trade in the Company’s shares* Date of the meeting May 29, 2019 (22nd resolution) |
Authorization to trade in the Company’s shares* Duration of the authorization 18 months Maturity: 29/11/2020** |
Authorization to trade in the Company’s shares* Amount authorized No more than 10% of the share capital Maximum amount: Euro 1,999,623,300
|
Authorization to trade in the Company’s shares* Used in 2019 see details in Section 8.3.3 |
|
Type of delegation or authorization Cancellation of shares |
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|
Authorizations to reduce share capital through the cancellation of treasury shares |
Authorizations to reduce share capital through the cancellation of treasury shares Date of the meeting May 29, 2019 (23rd resolution) |
Authorizations to reduce share capital through the cancellation of treasury shares Duration of the authorization 26 months Maturity: 29/07/2021 |
Authorizations to reduce share capital through the cancellation of treasury shares Amount authorized No more than 10% of capital per 24 month period |
Authorizations to reduce share capital through the cancellation of treasury shares Used in 2019 None |
|
Type of delegation or authorization Equity issues |
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|
Delegation to increase share capital by issuing shares or equity securities convertible to equity* with preferential subscription rights |
Delegation to increase share capital by issuing shares or equity securities convertible to equity* with preferential subscription rights Date of the meeting May 30, 2018 (20th resolution) |
Delegation to increase share capital by issuing shares or equity securities convertible to equity* with preferential subscription rights Duration of the authorization 26 months Maturity: 07/30/2020** |
Delegation to increase share capital by issuing shares or equity securities convertible to equity* with preferential subscription rights Amount authorized Maximum par value amount: Euro 30,000,000(1) Maximum nominal value of debt securities: Euro 1,200,000,000(2) |
Delegation to increase share capital by issuing shares or equity securities convertible to equity* with preferential subscription rights Used in 2019 None |
|
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through a public offering* |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through a public offering* Date of the meeting May 30, 2018 (21st resolution) |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through a public offering* Duration of the authorization 26 months Maturity: 07/30/2020** |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through a public offering* Amount authorized Maximum par value amount: Euro 9,000,000 (1)(3) Maximum par value amount: Euro 9,000,000(1)(3) Maximum nominal value of debt securities: Euro 1,200,000,000 (2) |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through a public offering* Used in 2019 None |
|
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through an offer made pursuant to paragraph II of article L. 411-2 of the French Monetary and Financial Code (by private placement)* |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through an offer made pursuant to paragraph II of article L. 411-2 of the French Monetary and Financial Code (by private placement)* Date of the meeting May 30, 2018 (22nd resolution) |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through an offer made pursuant to paragraph II of article L. 411-2 of the French Monetary and Financial Code (by private placement)* Duration of the authorization 26 months Maturity: 07/30/2020** |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through an offer made pursuant to paragraph II of article L. 411-2 of the French Monetary and Financial Code (by private placement)* Amount authorized No more than 20% of capital per year Maximum par value amount: Euro 9,000,000 (1)(3) Maximum nominal value of debt securities: Euro 1,200,000,000 (2) |
Delegation to increase share capital by issuing shares or equity securities convertible to equity without preferential subscription rights through an offer made pursuant to paragraph II of article L. 411-2 of the French Monetary and Financial Code (by private placement)* Used in 2019 None |
|
Delegation to increase the number of securities issued in the event of a capital increase, with or without preferential subscription rights decided pursuant to the 20th to 22nd resolutions of the General Shareholders’ Meeting on May 30, 2018* |
Delegation to increase the number of securities issued in the event of a capital increase, with or without preferential subscription rights decided pursuant to the 20th to 22nd resolutions of the General Shareholders’ Meeting on May 30, 2018* Date of the meeting May 30, 2018 (23th resolution) |
Delegation to increase the number of securities issued in the event of a capital increase, with or without preferential subscription rights decided pursuant to the 20th to 22nd resolutions of the General Shareholders’ Meeting on May 30, 2018* Duration of the authorization 26 months Maturity: 07/30/2020** |
Delegation to increase the number of securities issued in the event of a capital increase, with or without preferential subscription rights decided pursuant to the 20th to 22nd resolutions of the General Shareholders’ Meeting on May 30, 2018* Amount authorized No more than 15%(1)(3) of the initial issue and at the same price as this issue |
Delegation to increase the number of securities issued in the event of a capital increase, with or without preferential subscription rights decided pursuant to the 20th to 22nd resolutions of the General Shareholders’ Meeting on May 30, 2018* Used in 2019 None |
|
Authorization to set the issue price of share capital increases carried out under the 21st and 22nd resolutions of the General Shareholders’ Meeting of May 30, 2018* |
Authorization to set the issue price of share capital increases carried out under the 21st and 22nd resolutions of the General Shareholders’ Meeting of May 30, 2018* Date of the meeting May 30, 2018 (24th resolution) |
Authorization to set the issue price of share capital increases carried out under the 21st and 22nd resolutions of the General Shareholders’ Meeting of May 30, 2018* Duration of the authorization 26 months 26 months Maturity: 07/30/2020** |
Authorization to set the issue price of share capital increases carried out under the 21st and 22nd resolutions of the General Shareholders’ Meeting of May 30, 2018* Amount authorized Up to 10% of the share capital per annum (1)(3) |
Authorization to set the issue price of share capital increases carried out under the 21st and 22nd resolutions of the General Shareholders’ Meeting of May 30, 2018* Used in 2019 None |
|
Delegation to increase share capital by incorporating reserves, earnings, premiums or other sums* |
Delegation to increase share capital by incorporating reserves, earnings, premiums or other sums* Date of the meeting 26 months (25th resolution) |
Delegation to increase share capital by incorporating reserves, earnings, premiums or other sums* Duration of the authorization 26 mois 26 months Maturity: 07/30/2020** |
Delegation to increase share capital by incorporating reserves, earnings, premiums or other sums* Amount authorized MMaximum par value amount: Euro 30,000,000 (1) |
Delegation to increase share capital by incorporating reserves, earnings, premiums or other sums* Used in 2019 None |
|
Delegation to issue shares or other securities in the event of a public offering initiated by the Company* |
Delegation to issue shares or other securities in the event of a public offering initiated by the Company* Date of the meeting May 30, 2018 (26th resolution) |
Delegation to issue shares or other securities in the event of a public offering initiated by the Company* Duration of the authorization 26 months Maturity: 07/30/2020** |
Delegation to issue shares or other securities in the event of a public offering initiated by the Company* Amount authorized Maximum par value amount: Euro 9,000,000(1) (3) Maximum nominal value of debt securities: Euro 1,200,000,000(2) |
Delegation to issue shares or other securities in the event of a public offering initiated by the Company* Used in 2019 None |
|
Delegation to issue shares or other securities as consideration for contributions in-kind granted to the Company* |
Delegation to issue shares or other securities as consideration for contributions in-kind granted to the Company* Date of the meeting May 29, 2019 (24th resolution) |
Delegation to issue shares or other securities as consideration for contributions in-kind granted to the Company* Duration of the authorization 26 months Maturity: 07/29/2021** |
Delegation to issue shares or other securities as consideration for contributions in-kind granted to the Company* Amount authorized Up to 10% of the share capital(1)(2)(3) |
Delegation to issue shares or other securities as consideration for contributions in-kind granted to the Company* Used in 2019 None |
|
Type of delegation or authorization Issues reserved for Company or Group employees and managers |
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|
Authorization to grant free shares to employees and/or corporate officers of the Company or companies within the Group |
Authorization to grant free shares to employees and/or corporate officers of the Company or companies within the Group Date of the meeting May 30, 2018 (27th resolution) |
Authorization to grant free shares to employees and/or corporate officers of the Company or companies within the Group Duration of the authorization 38 months Maturity: 07/30/2021 |
Authorization to grant free shares to employees and/or corporate officers of the Company or companies within the Group Amount authorized No more than 3% of the share capital (including 0.3% of the share capital for executivecorporate officers) |
Authorization to grant free shares to employees and/or corporate officers of the Company or companies within the Group Used in 2019 Total award of 1,271,060 free shares |
|
Authorization to grant stock options to employees and/or corporate officers |
Authorization to grant stock options to employees and/or corporate officers Date of the meeting May 29, 2019 (25th resolution) |
Authorization to grant stock options to employees and/or corporate officers Duration of the authorization 38 months Maturity: 07/29/2022 |
Authorization to grant stock options to employees and/or corporate officers Amount authorized No more than 3% of the share capital (including 0.3% of the share capital for executive corporate officers) (4) |
Authorization to grant stock options to employees and/or corporate officers Used in 2019 None |
|
Delegation to increase capital for the benefit of subscribers to a company savings plan |
Delegation to increase capital for the benefit of subscribers to a company savings plan Date of the meeting May 29, 2019 (26th resolution) |
Delegation to increase capital for the benefit of subscribers to a company savings plan Duration of the authorization 26 months Maturity: 07/29/2021** |
Delegation to increase capital for the benefit of subscribers to a company savings plan Amount authorized Maximum par value amount: Euro 2,800,000 (1)(5) |
Delegation to increase capital for the benefit of subscribers to a company savings plan Used in 2019 none |
|
Delegation to increase capital for the benefit of subscribers to a company savings plan |
Delegation to increase capital for the benefit of subscribers to a company savings plan Date of the meeting May 29, 2019 (26th resolution) |
Delegation to increase capital for the benefit of subscribers to a company savings plan Duration of the authorization 26 months Maturity: 07/29/2021** |
Delegation to increase capital for the benefit of subscribers to a company savings plan Amount authorized Maximum par value amount: Euro 2,800,000 (1)(5) |
Delegation to increase capital for the benefit of subscribers to a company savings plan Used in 2019 none |
|
Delegation to increase capital for the benefit of certain categories of recipients located outside France in order to establish a shareholder or savings plan for them |
Delegation to increase capital for the benefit of certain categories of recipients located outside France in order to establish a shareholder or savings plan for them Date of the meeting May 29, 2019 (27th resolution) |
Delegation to increase capital for the benefit of certain categories of recipients located outside France in order to establish a shareholder or savings plan for them Duration of the authorization 18 months Maturity: 11/29/2020** |
Delegation to increase capital for the benefit of certain categories of recipients located outside France in order to establish a shareholder or savings plan for them Amount authorized Maximum par value amount: Euro 2,800,000 (1)(5) |
Delegation to increase capital for the benefit of certain categories of recipients located outside France in order to establish a shareholder or savings plan for them Used in 2019 Néant |
(1) This amount counts toward the euro 30,000,000 maximum for all capital increases set forth by the Extraordinary Shareholders’ Meeting of May 30, 2018 in its 20th resolution.
(2) This amount counts toward the euro 1,200,000,000 maximum for all debt security issues set by the Extraordinary Shareholders’ Meeting of May 30, 2018 in its 20th resolution.
(3) This amount counts towards the euro 9,000,000 maximum par value of capital increases without preferential subscription rights set forth by the Extraordinary Shareholders’ Meeting of May 30, 2018 in its 21st resolution.
(4) This amount counts towards the 3% maximum set forth by the Extraordinary Shareholders’ Meeting of May 30, 2018 in its 27th resolution. (5) This maximum amount applies to all possible capital increases under the 26th resolution and 27th resolution of the Extraordinary Shareholders’ Meeting of May 29, 2019
* Unless there is prior authorization by the General Shareholders’ Meeting, the Management Board cannot use this authorization or delegation from the moment a third party has filed a public offer for Company shares, up to the end of the offer period.
** This delegation or authorization is set to expire, for the unused portion and the remaining time period, upon adoption of a resolution pertaining to a new authorization or delegation with a similar purpose by the Extraordinary Shareholders’ Meeting of May 27, 2020.
