/ Table of delegations of authority and authorizations granted to the Management Board regarding financial matters
Type of delegation or authorization | Date of the meeting | Duration of the authorization/ Expiry | Amount authorized | Used in 2022 |
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Share buybacks | Share buybacksDate of the meeting
|
Share buybacksDuration of the authorization/ Expiry
|
Share buybacksAmount authorized
|
Share buybacksUsed in 2022
|
Authorization to trade in the Company’s shares* | Authorization to trade in the Company’s shares* Date of the meetingMay 25, 2022 (17th resolution) |
Authorization to trade in the Company’s shares* Duration of the authorization/ Expiry18 months/ November 25, 2023** |
Authorization to trade in the Company’s shares* Amount authorizedNo more than 10% of the share capital Maximum overall budget: euro 2,154,430,476.50 Maximum unit purchase price: euro 85 |
Authorization to trade in the Company’s shares* Used in 2022see details in Section 8.3.3 |
Cancellation of shares | Cancellation of sharesDate of the meeting
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Cancellation of sharesDuration of the authorization/ Expiry
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Cancellation of sharesAmount authorized
|
Cancellation of sharesUsed in 2022
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Authorization to reduce share capital through the cancellation of treasury shares | Authorization to reduce share capital through the cancellation of treasury shares Date of the meetingMay 26, 2021 (21st resolution) |
Authorization to reduce share capital through the cancellation of treasury shares Duration of the authorization/ Expiry26 months/ July 26, 2023** |
Authorization to reduce share capital through the cancellation of treasury shares Amount authorizedNo more than 10% of capital per 24-month period |
Authorization to reduce share capital through the cancellation of treasury shares Used in 2022None |
Equity issues | Equity issuesDate of the meeting
|
Equity issuesDuration of the authorization/ Expiry
|
Equity issuesAmount authorized
|
Equity issuesUsed in 2022
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Delegation to increase share capital by issuing shares or equity securities giving access to the capital, with preferential subscription rights* | Delegation to increase share capital by issuing shares or equity securities giving access to the capital, with preferential subscription rights* Date of the meetingMay 25, 2022 (18th resolution) |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, with preferential subscription rights* Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, with preferential subscription rights* Amount authorizedMaximum par value: euro 30,000,000(1)Maximum par value of debt securities: euro 1,200,000,000(2) |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, with preferential subscription rights* Used in 2022None |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings other than those made pursuant to article L. 411-2 of the French Monetary and Financial Code* | Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings other than those made pursuant to article L. 411-2 of the French Monetary and Financial Code* Date of the meetingMay 25, 2022 (19th resolution) |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings other than those made pursuant to article L. 411-2 of the French Monetary and Financial Code* Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings other than those made pursuant to article L. 411-2 of the French Monetary and Financial Code* Amount authorizedMaximum par value: euro 9,000,000(1)(3)Maximum par value of debt securities: euro 1,200,000,000(2) |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings other than those made pursuant to article L. 411-2 of the French Monetary and Financial Code* Used in 2022None |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings made pursuant to paragraph I of article L. 411-2 1° of the French Monetary and Financial Code* | Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings made pursuant to paragraph I of article L. 411-2 1° of the French Monetary and Financial Code* Date of the meetingMay 25, 2022 (20th resolution) |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings made pursuant to paragraph I of article L. 411-2 1° of the French Monetary and Financial Code* Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings made pursuant to paragraph I of article L. 411-2 1° of the French Monetary and Financial Code* Amount authorizedNo more than 20% of the share capital per year Maximum par value: euro 9,000,000(1)(3)Maximum par value of debt securities: euro 1,200,000,000(2) |
Delegation to increase share capital by issuing shares or equity securities giving access to the capital, without preferential subscription rights, through public offerings made pursuant to paragraph I of article L. 411-2 1° of the French Monetary and Financial Code* Used in 2022None |
Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 18th to 20th resolutions of the General Shareholders’ Meeting of May 25, 2022* | Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 18 thto 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Date of the meetingMay 25, 2022 (21st resolution) |
Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 18 thto 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 18 thto 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Amount authorizedNo more than 15% (1)(3)of the initial issue and at the same price as this issue |
Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 18 thto 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Used in 2022None |
Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 19th and 20th resolutions of the General Shareholders’ Meeting of May 25, 2022* | Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 19 thand 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Date of the meetingMay 25, 2022 (22nd resolution) |
Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 19 thand 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 19 thand 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Amount authorizedNo more than 10% of the share capital per year(1)(3) |
Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 19 thand 20 thresolutions of the General Shareholders’ Meeting of May 25, 2022*Used in 2022None |
Delegation to increase the share capital by incorporating reserves, earnings, premiums or other sums* | Delegation to increase the share capital by incorporating reserves, earnings, premiums or other sums* Date of the meetingMay 25, 2022 (23rd resolution) |
Delegation to increase the share capital by incorporating reserves, earnings, premiums or other sums* Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Delegation to increase the share capital by incorporating reserves, earnings, premiums or other sums* Amount authorizedMaximum par value: euro 30,000,000(1) |
Delegation to increase the share capital by incorporating reserves, earnings, premiums or other sums* Used in 2022None |
Delegation to issue shares or other securities, without preferential subscription rights, in the event of a public offering initiated by the Company* | Delegation to issue shares or other securities, without preferential subscription rights, in the event of a public offering initiated by the Company* Date of the meetingMay 25, 2022 (24th resolution) |
Delegation to issue shares or other securities, without preferential subscription rights, in the event of a public offering initiated by the Company* Duration of the authorization/ Expiry26 months/ July 25, 2024 |
Delegation to issue shares or other securities, without preferential subscription rights, in the event of a public offering initiated by the Company* Amount authorizedMaximum par value: euro 9,000,000(1)(3)Maximum par value of debt securities: euro 1,200,000,000(2) |
Delegation to issue shares or other securities, without preferential subscription rights, in the event of a public offering initiated by the Company* Used in 2022None |