EXEL industries - 2019 Universal Registration Document

Report on Corporate Governance 6 Agreements concluded, directly or through a third party between, on the one hand, one of the corporate o ffi cers or c one of the shareholders

6.2 Agreements concluded, directly or through a third party between, on the one hand, one of the corporate o ffi cers or Ƥ one of the shareholders holding a proportion of voting rights greater than 10% in a company and, on the other hand, another Ƥ company in which it owns, directly or indirectly, more Ƥ than half Ƥ of the capital (With the exception of agreements relating to current operations concluded under Ƥ normal conditions)

No agreement was concluded in the 2018/2019 fi scal year.

Summary of authorizations in force granted by Ƥ the Ƥ shareholders’ Annual General Meeting relating to Ƥ increases in share capital

6.3

The table below presents a summary of the fi nancial authorizations in force, granted by the Annual General Meeting to the Board of Directors to repurchase shares, increase or reduce the share capital, and award stock subscription or purchase options.

Purpose of authorization

Nominal ceiling

Expiry/Term

Use

Share repurchases Have one’s own shares acquired by the Company (EGM of February c 7, 2019, resolution No. c 13) Issue of securities Capital increases through the issue of shares with the c maintenance of preferential subscription rights (EGM of February c 7, 2018, resolution No. c 1) Capital increase through the issue of securities giving access to the capital with the maintenance of c preferential subscription rights (EGM of February c 7, 2018, resolution No. c 2)

10% of the current share capital

August c 7, 2020 (18 c months)

15,181 c shares repurchased 14,613 c shares sold

Maximum nominal amount of the share capital: €80 c million

April c 7, 2020 (26 c months)

None

Maximum nominal amount of the share capital: €80 c million

April c 7, 2020 (26 c months)

None

EXEL Industries Group I 2019 Universal Registration Document

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