MRM - 2018 Registration document

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General information on the issuer and its capital Management report for the year ended 31 December 2018

3.4 Stock market performance M.R.M.’s stock market capitalisation as of 31 December 2018, based on the final closing price in 2018, namely €1.41, amounted to €61,571,616. Below is a graph showing the change in the share price in 2018:

In accordance with Article L.621-18-2 of the French Monetary and Financial Code, there was no trading in the Company’s shares during the year ended 31 December 2018 by the individuals falling within the scope of said article (managers, executives and individuals with whom they have close ties).

€2.0

€1.5

€1.0

July 2018

Jan. 2019

May 2018

Nov. 2018

Sept. 2018

March 2018

Source: Euronext

4.

Information on corporate social responsibility

4.1 Social information The Group had four employees at the end of 2017. No employees left or joined the Company in 2018, leaving the number of Group employees identical at four as of 31 December 2018. The workforce is made up of two women and two men under 45 years of age working full-time whose working hours comply with the prevailing legislation. All M.R.M. employees are based at the Company’s head office at 5 avenue Kléber in Paris (16 th arrondissement ) and come under the collective national agreement for the property sector dated 9 September 1988 and updated on 23 November 2010. Group payroll in 2018 was €894 thousand, including the remuneration paid to the Chief Executive Officer in his capacity as a corporate officer, against €1,034 thousand in 2017. Merit and performance are the two fundamental principles driving M.R.M.’s remuneration policy, and a review is carried out on an annual basis to assess these. Thus, all employees are assured that their position and performance are assessed by management every year and, during this annual review, they are advised of the results of this assessment and its tangible effects through the variable portion of their remuneration package.

M.R.M. seeks to help its employees develop and evolve and therefore pays particular attention to training and developing skills within the Company. Because of the low number of employees, the Company has not set up any organisation for social dialogue or entered into any agreements with trade unions on health and safety issues in the workplace. Furthermore, M.R.M. employees are engaged in office work which, by its nature, involves relatively low levels of risk. Finally, the premises where M.R.M. has its head office meet current safety and security standards. In 2018, absenteeism amounted to 13 days and there were no workplace accidents or occupational diseases. Following the entry into force of the law of 27 January 2011 on gender balance on boards of directors and supervisory Boards and gender parity, M.R.M.’s Board of directors at its meeting of 6 December 2018 approved the Company’s policy on gender parity and equal pay, reaffirmed its determination to be a socially responsible employer, and confirmed that it would undertake to apply a human resources policy based on non-discrimination in matters of recruitment, professional assessment, professional mobility and professional training. The Company also respects freedom of association and the right to collective bargaining. However, its employees have not to date initiated any labour relations mechanism.

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M.R.M. 2018 REGISTRATION DOCUMENT