NATIXIS - 2021 Meeting notice combined general shareholder's meeting
REPORT OF THE BOARD OF DIRECTORS ON THE RESOLUTIONS SUBMITTED TO THE COMBINED GENERAL SHAREHOLDERS’ MEETING OF MAY 28, 2021 AND DRAFT RESOLUTIONS
Appendix : Summary table on the financial resolutions submitted to the General Shareholders’ Meeting by your Board of Directors
Price or procedures for determining the price
Reasons for possible uses of the delegated power
Other information for comments
No. Purpose
Duration
Specific cap
19 Authorization to trade in shares of the Company
18 months Possible objectives for share buybacks by your Company: Implementing Company V stock option plans or similar plans Awarding or transferring V shares to employees Awarding bonus shares V to employees or corporate officers Generally, honoring V
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 to holding them or subsequently tendering them in connection with a merger, spin-off 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
Maximum V
Unusable authorization V during public share offers The Board of Directors V will ensure that these buybacks are executed in accordance with prudential requirements, such as those established by regulation
purchase price of €10 per share (adjustable particularly in the case of a reverse share split)
obligations related to stock option programs or other share allocations to employees or corporate officers of the issuer or a related company Tendering shares upon V exercising rights attached to securities granting rights to capital Canceling all or a portion V of the shares bought back Tendering shares in V connection with acquisitions, mergers, spin-offs or asset transfers Market making for Natixis V stock 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 or V that may be authorized by law or regulations in effect
Overall amount V allocated to the
buyback program: approximately €3.1 billion
20 Cancellation of treasury shares
26 months Can be used to reduce your Company’s share capital
No cancellation V
of more than 10% of the share capital per 24-month period Global cap: one and a V half billion (1.5 billion) euros Ceiling: one and a half V billion (1.5 billion) euros to be deducted from the Global cap
21 Issue of shares and/or securities giving access to
26 months May be used by your Board V of Directors to decide on these issues, on one or more occasions.
Price set by V your Board
Possibility V
of introducing a subscription right with over-subscription privileges Possibility of issuing V (i) securities giving access to equity securities to be issued by a Subsidiary and/or (ii) shares giving access to equity securities existing or giving entitlement to the allocation of debt securities, from a third-party company Unusable authorization V
the Company’s share capital* and/or securities giving entitlement to the allocation of debt securities with maintained of PSR
Caps provided V excluding any
additional amount issued to maintain the rights of holders of ecurities giving access to the Company’s share capital
during public share offers
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NATIXIS MEETING NOTICE 2021
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