MRM - 2020 Universal Registration Document

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General information on the issuer and its share capital Management report for the financial year ended 31 December 2020

3.3 Employee shareholding

The objectives mentioned above are presented without prejudice to the actual order of use of the buyback authorisation. In the 2020 financial year, the Company bought 103,781 treasury shares at an average price of €1.10 per share (representing a total investment of €113,775 in 2020) and sold 94,887 treasury shares at an average price of €0.96 per share under the liquidity agreement in order to stimulate the trading/liquidity of its shares under its share buyback programme. There were no reallocations during the year. Trading costs amounted to €0. The Company thus held 45,089 treasury shares as of 31 December 2020, representing 0.10% of its share capital at a nominal value of €45,089. These securities are entered as Company assets in its corporate financial statements, and deducted from equity in the consolidated financial statements. It will be proposed to the General shareholders’ Meeting called to approve the fnancial statements for the fnancial year ended 31 December 2020 to renew the authorisations to buy back treasury shares and to cancel any shares acquired.

In accordance with Article L.225-102 of the French Commercial Code, we inform you that: • no employee held any interest in the Company’s share capital at the last day of the 2020 financial year; • no shares were bought back by the Company to award them to employees as part of profit-sharing schemes and incentives to grow the Company. In accordance with Articles L.225-184 and L.225-197-4 par. 1 of the French Commercial Code, we inform you that: • the Company has no stock option plans; • a free share allocation plan was set up in the 2020 financial year for employees of the Company.

Information on the free share allocation plans in progress is detailed in the table below:

2020-1 Plan

2019-1 Plan

General Meeting date Board Meeting date

29 May 2019 26 June 2020

29 May 2019 29 May 2019

Total number of shares awarded of which to corporate officers

43,796

32,243

0

0

Vesting date

26 June 2023 26 June 2023

29 May 2022 29 May 2022

Lockup period end date Performance conditions (1)

N/A

N/A

Number of shares vested as of 31 December 2020 Aggregate number of cancelled or lapsed shares Performance shares remaining as of 31 December 2020

0 0

0

248

43,796

31,995

(1) Subject to attendance.

M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT

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