NATIXIS - 2020 Meeting notice combined general shareholder's meeting
REPORT OF THE BOARD OF DIRECTORS ON THE RESOLUTIONS
Summary table on the financial resolution submitted to the General Shareholders’ Meeting by your Board of Directors
Price or procedures for determining the price Maximum purchase price of €10 per share (adjustable particularly in the case of a reverse share split)
Reasons for possible uses of the delegated power
Other information for comments
No. Purpose
Duration
Specific ceiling
16 Authorization to trade in shares of the Company
18 months Possible objectives for share buybacks by your Company: Implementing Company stock V option plans or similar plans Awarding or transferring shares V to employees
Your Company may V at no time hold a number of shares representing more than 10% of its share capital adjusted by transactions affecting it subsequent to this General Shareholders’ Meeting The number of shares V acquired with a view or asset transfer may not exceed 5% of the share capital For liquidity contracts, V the 10% ceiling is calculated net of the number of shares resold during the authorization period Overall amount allocated V to the buyback program: approximately €3.1 billion to holding them or subsequently tendering them in connection with a merger, spin-off
Unusable V
authorization during public share offers Directors ensures that buybacks are
The Board of V
Awarding bonus shares V to employees or directors Generally, honoring obligations V related to stock option programs or other share allocations to employees or corporate officers of the issuer or a related company Tendering shares upon exercising V rights attached to securities granting rights to capital (1) Canceling all or a portion V of the securities bought back Tendering shares in connection V with acquisitions, mergers, spin-offs or asset transfers Market making for Natixis stock V on the secondary market or ensuring the liquidity of Natixis stock through an investment services provider in connection with a liquidity contract Any other goal authorized V or that may be authorized by law or regulations in effect
executed in accordance with prudential requirements, such as those established by regulation
See glossary. (1)
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NATIXIS MEETING NOTICE 2020
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