The company is audited by one or more incumbent and deputy statutory auditors, in accordance with the legal conditions in force.

No more than one third of the individual directors and permanent representatives of corporate directors in the Board of Directors may be over the age of 70. During its meeting to decide on convening the ordinary general meeting, the Board of Directors takes note each year of any cases when this limit may have been […]

Any agreement entered into directly, indirectly or through an intermediary between the Company and its Chief Executive Officer, one of its Deputy Chief Executive Officers, one of its directors, one of its shareholders with over 10% of the voting rights or, if the shareholder is a company, its controlling company as defined by Article L. […]

The Board of Directors may be allocated an amount of directors’ fees, with this total set by the general meeting and remaining in force until decided otherwise. The Board decides on the breakdown of this allocation in the proportions that it considers relevant. Employee representatives do not receive remuneration for their office. In connection with […]

The Board of Directors may decide to set up various committees within the Board itself, determining their composition and remits, and they will operate under the Board’s responsibility, while noting that such remits must not result in a committee being delegated powers that are awarded to the Board of Directors by French law or the […]

17.1 Executive management activities The Company’s executive management is performed, under the responsibility of either the Chairman of the Board of Directors, or any other individual appointed by the Board of Directors and serving as Chief Executive Officer. The choice between these two approaches for conducting executive management is made by the Board of Directors, […]

From among its members, the Board of Directors elects an individual to act as its Chairman and determines his or her remuneration, as applicable. The Chairman of the Board of Directors is appointed for a term of office that may not exceed his or her term of office as a director. The Chairman may be […]

15.1 Composition of the Board of Directors The Company is governed by a Board of Directors with a minimum of three and maximum of eighteen members, subject to the legal exceptions applicable in the event of a merger. Each director must hold at least one share for their entire term of office. 15.2 Term of […]