Registered securities only

Registered securities only
LAGARDERE’s Articles of Association stipulate that its shares must be in the form of
registered shares and they may either be ‘pure’("Nominatif Pur") or administered ("Nominatif
Administré"), at the choice of the shareholder
A registered share account is an account whose holder is always known to the issuing company, thus
allowing the company to provide a personalised service. In point of fact, the owner of shares receives
information on social aspects of the company directly from the company (the Centre d'Opérations sur
Titres), as well as notices to attend general meetings of shareholders and documentation issued when
financial or share transactions take place.
Furthermore, he/she is entitled to double voting rights at shareholders’ meetings for shares which have
been held for a certain length of time, as stated in the Articles of Association.
There are two kinds of registered share accounts, which are governed by different management
regulations :
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Pure registered share accounts, directly managed by the company (the Centre d'Opérations
sur Titres) which issues the shares
Administered registered share accounts, managed by a financial intermediary (an
establishment which holds the registration account, such as a bank, brokerage firm, savings
bank, tax authority, etc.)
Principal features of the pure registered share account managed by the company :
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No handling charges
The company undertakes share transactions on behalf of the shareholder, in accordance with
his/her instructions and without charges, in the event of capital increases, share allotments or
other financial operations
Direct payment of dividends to shareholders by the company itself on the actual date of
payment of dividend decided by the general meeting of shareholders; this is either made by a
giro transfer or by cheque, as requested by the shareholder
Quick, complete individualised information, directly from the company on events related to
social aspects of the company (notice to attend general meetings of shareholders,
individualised dispatch of documents for shareholders’ meetings or financial operations, share
revenue information for annual tax declarations, letters to shareholders, etc.)
A double voting right at general meetings of shareholders, attached to shares which have
been inscribed in the registered share account of the company records for more than four
years
The shareholder is sure of receiving statements of account and shares purchased/sold
periodically or when requested in a timely fashion
A Minitel account information service is available for access to individual accounts and
practical information.
This type of account does not restrict the mobility of pure registered shares, because the shareholder
may, if he wishes to sell them on the market, request the company to transfer them to the financial
establishment of his choice.
Provided instructions are given in writing, shareholders may ask the financial intermediary handling the
share account to transfer shares to the company, to be recorded in a pure registered share account.
Shares held in a registered share account administered by a financial intermediary :
Each establishment has its own particular administrative systems.