Universal Registration Document 2025

8 Company information and capital structure

8.3 Information on the share capital

8.3.1 Issued share capital and share classes

Composition of the share capital

During the 2025 financial year, no changes were made to the share capital.

As of December 31, 2025, the share capital totaled euro 101,724,744 divided into 254,311,860 fully paid-up shares with a nominal value of euro 0.40, of which 24,053,529 shares carried double voting rights.

/ Table of delegations of authority and authorizations in force granted to the Board of Directors in respect of financial matters

Table of delegations of authority and authorizations in force granted to the Board of Directors in respect of financial matters
Type of delegation or authorization	Date of the Meeting	Term of delegation/expiry	Amount authorized	Usage in 2025
Share buybacks
Authorization to trade in the Company’s shares^*	Authorization to trade in the Company’s shares^* Date of the Meeting May 27, 2025 (17^th resolution)	Authorization to trade in the Company’s shares^* Term of delegation/expiry 18 months/ November 27, 2026^**	Authorization to trade in the Company’s shares^* Amount authorized No more than 10% of the share capital Maximum total amount: €2,154,430,476.50 Maximum unit purchase price: €130	Authorization to trade in the Company’s shares^* Usage in 2025 See details in Section 8.3.3
Cancellation of shares
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 Meeting May 27, 2025 (18^th resolution)	Authorization to reduce share capital through the cancellation of treasury shares Term of delegation/expiry 26 months/ July 27, 2027	Authorization to reduce share capital through the cancellation of treasury shares Amount authorized No more than 10% of capital per 24-month period	Authorization to reduce share capital through the cancellation of treasury shares Usage in 2025 None
Equity issues
Delegation to increase the share capital by issuing shares or securities giving access to the capital, with preferential subscription rights^*	Delegation to increase the share capital by issuing shares or securities giving access to the capital, with preferential subscription rights^* Date of the Meeting May 29, 2024 (16^th resolution)	Delegation to increase the share capital by issuing shares or securities giving access to the capital, with preferential subscription rights^* Term of delegation/expiry 26 months/ July 29, 2026^**	Delegation to increase the share capital by issuing shares or securities giving access to the capital, with preferential subscription rights^* Amount authorized Maximum nominal amount: €30,000,000⁽¹⁾ Maximum nominal amount of debt securities: €1,200,000,000⁽²⁾	Delegation to increase the share capital by issuing shares or securities giving access to the capital, with preferential subscription rights^* Usage in 2025 None
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 Meeting May 29, 2024 (17^th 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^* Term of delegation/expiry 26 months/ July 29, 2026^**	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 authorized Maximum nominal amount: €9,000,000⁽¹⁾⁽³⁾ Maximum nominal amount of debt securities: €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^* Usage in 2025 None
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 Meeting May 29, 2024 (18^th 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^* Term of delegation/expiry 26 months/ July 29, 2026^**	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 authorized Maximum nominal amount: €9,000,000⁽¹⁾⁽³⁾ Maximum nominal amount of debt securities: €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^* Usage in 2025 None
Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 16^th to 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^*	Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 16^th to 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Date of the Meeting May 29, 2024 (19^th resolution)	Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 16^th to 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Term of delegation/expiry 26 months/ July 29, 2026^**	Delegation to increase the number of securities to be issued in the event of a capital increase decided pursuant to the 16^th to 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* 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 to be issued in the event of a capital increase decided pursuant to the 16^th to 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Usage in 2025 None
Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 17^th and 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^*	Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 17^th and 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Date of the Meeting May 29, 2024 (20^th resolution)	Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 17^th and 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Term of delegation/expiry 26 months/ July 29, 2026^***	Authorization to set the issue price of equity securities as part of capital increases issued without preferential subscription rights, pursuant to the 17^th and 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Amount authorized No 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 17^th and 18^th resolutions of the General Shareholders’ Meeting of May 29, 2024^* Usage in 2025 None