ALTAMIR_REGISTRATION_DOCUMENT_2017

2

CORPORATE GOVERNANCE – REPORT OF THE SUPERVISORY BOARD

Observations of the Supervisory Board at the General Meeting

2) JEAN-HUGUES LOYEZ

Remuneration payable or attributed for the most recent financial year

Amounts or accounting valuation submitted to vote

Presentation

Fixed remuneration

N/A Mr Loyez receives no fixed remuneration

Mr Loyez receives no long-term variable remuneration Mr Loyez receives no long-term variable remuneration

Annual variable remuneration

N/A

Long-term variable cash remuneration

N/A

Special remuneration

N/A Mr Loyez receives no special remuneration Mr Loyez receives no stock options, performance-based shares or other long-term remuneration N/A

Stock options, performance-based shares and other long-term remuneration

Mr Loyez is Chairman of the Supervisory Board and attended all board meetings in 2017 Mr Loyez receives no benefits in kind

Attendance fees

€62,000 (to be paid)

Valuation of benefits in kind

N/A

Remuneration payable or attributed for the most recent financial year that is or has been subject to a shareholder vote at the General Meeting pursuant to the procedure for regulated agreements and commitments

Amounts submitted to a vote

Presentation

Mr Loyez has no commitment from the Company with regard to the termination of his duties Mr Loyez is not entitled to a non- competition payment

Severance pay

N/A

Non-competition payment

N/A

Mr Loyez is not entitled to absupplemental retirement regime

Supplemental retirement regime

N/A

The services billed to Altamir by related companies are unrelated to the duties of Altamir’s officers. The Supervisory Board has no observations to make regarding the statutory or consolidated financial statements for the year, the content of the management report, the agenda or the draft resolutions proposed by the Management Company, and recommends that shareholders vote in favour of these resolutions.

Supervisory Board

104 REGISTRATION DOCUMENT

• ALTAMIR 2017

www.altamir.fr