RUBIS - 2019 Universal Registration Document

8 FINANCIAL STATEMENTS - 2019 separate financial statements, notes and other information

Of which preferred shares acquired but not yet converted into ordinary shares

PREFERRED SHARES Date of the Board of Management meeting

Outstanding as of 12/31/2019

Outstanding as of 12/31/2018

Rights issued

Rights exercised

Rights canceled

September 2, 2015 July 11, 2016 March 13, 2017 July 19, 2017 March 2, 2018 March 5, 2018 October 19, 2018 January 7, 2019 December 17, 2019

2,884 3,864 1,932

(798)

2,086 3,814 1,932

2,086 3,722

(50)

374 345

374 345

1,157

1,157

140

140

62

62

662 724

662

TOTAL

10,696

(798)

(50)

10,572

5,808

Preferred shares will be converted into ordinary shares at the end of a retention or vesting period based on the extent to which the performance conditions have been achieved.

3.6 EXPENSES PAYABLE Accrued expenses totaled €3,521 thousand, breaking down as €407 thousand relating to suppliers, €100 thousand to accrued interest, €1,160 thousand to the Management and €1,855 thousand to tax and social security

liabilities. These expenses payable are operating expenses and financial expenses. All the liabilities recognized on the balance sheet are due in less than one year.

Trade payables recognized on the balance sheet, in a total amount of €805 thousand, all mature in less than 3 months.

3.7 ITEMS CONCERNING RELATED COMPANIES

12/31/2019

(in thousands of euros)

Receivables

529,922 (1,859) 183,786

Liabilities

Income from investments

Net financial income

710

276 i Rubis 2019 Universal Registration Document