MRM_REGISTRATION_DOCUMENT_2017

3

General information on the issuer and its share capital Management report for the year ended 31 December 2017

2.5 Non-tax-deductible expenses Pursuant to Article 223 quater of the French General Tax Code, we inform you that the amount of expenses and charges referred to in Article 39.4 of said Code amounted to €1,910 in 2017 and that the amount of tax payable by the Company due to the non-deductibility of these expenses is estimated at €0.

None of the expenses described in Article 39 par. 5 of the French General Tax Code are subject to tax reintegration for 2017.

3.

Information on the share capital as of 31 December 2017

3.1 Share capital The share capital underwent no changes in 2017 and amounts to €43,667,813. It is made up of 43,667,813 fully paid-up shares of identical class with a par value of €1 each. Delegations for capital increases, granted to the Board of directors by the General Meeting of Shareholders, are detailed in the corporate governance report in appendix 7 of this Registration Document. 3.2 Information on shareholding In accordance with Article L.233-13 of the French Commercial Code, we indicate the identity of natural and legal persons holding, as of 31 December 2017, more than 5%, 10%, 15%,

20%, 25%, one-third, 50%, two-thirds, 90% or 95% of the share capital or voting rights in General Meetings (bearing in mind that, pursuant to the terms of Article 8 of the Articles of Association, “a double voting right is granted to all fully paid-up shares which have been registered in the Company’s ledgers for at least two years in the name of the same shareholder, as provided by law”). We further inform you of the reduction in the total number of theoretical voting rights in the Company from 55,280,734 as of 31 December 2016 to 54,523,183 at the date of this report, following the switch to “bearer” form of shares with double voting rights due to their being held in registered form for at least two years. The tables below reflect this new number of voting rights.

Over 50%:

Shareholders

As of the date of this report

31/12/2017

31/12/2016

SCOR SE

59.9% of share capital 48.0% of voting rights

59.9% of share capital 47.9% of voting rights

59.9% of share capital 47.3% of voting rights

On 7 January 2014, M.R.M. entrusted the performance of a liquidity contract to Invest Securities to improve the liquidity and trading regularity of its shares for an annual fee of €25,000 excluding VAT. In addition, a share buyback programme was implemented in 2017 in order to: • Stimulate share trading or liquidity by an investment services provider through a liquidity agreement in compliance with the code of ethics of the AMAFI (French association of financial markets) recognised by the AMF; • Acquire shares to hold for subsequent payment or exchange in the context of acquisitions as permitted by the AMF; • Award or sell shares to employees and/or corporate officers (under the terms and conditions set by applicable laws) under a stock option plan, bonus share issue plan or company savings plan;

As of 31 December 2017 and at the date of this report, no other M.R.M. shareholder individually held more than 5% of the Company’s share capital or voting rights at General Meetings. For information, at the date of this report, Jacques Blanchard, Chief Executive Officer of the Company, held 42,839 shares, 42,838 of which through his personal holding company, SC JAPA. Consequently, he holds 0.1% of the share capital and 0.16% of the voting rights, directly and indirectly. Cross-shareholdings At the reporting date of the past financial year, companies controlled by the Company held no stake in the Company. Treasury shares – Share buyback plan At the start of 2017, the Company held 23,361 treasury shares.

58

M.R.M. 2017 REGISTRATION DOCUMENT