RUBIS_REGISTRATION_DOCUMENT_2017

GENERAL INFORMATION ABOUT RUBIS 8 Particular features of the Partnership Limited by Shares

8.1 PARTICULAR FEATURES OF THE PARTNERSHIP LIMITED BY SHARES

structure, adapted to the principles of good corporate governance: • clear separation of powers between Top Management, which governs corporate affairs, and the Supervisory Board, which is appointed by the shareholders and is responsible for overseeing both the management and the accounts as well as risk-monitoring procedures; • the unlimited personal liability of the Partner, proving the appropriate match

between commitment of assets, authority and responsibility; • the awarding to the Supervisory Board of the same powers and rights of communication and investigation as those granted to the Statutory Auditors; • shareholders’ right to oppose the appointment of a candidate for Top Management when he or she is not a General Partner.

Rubis is a Par tnership Limited by Shares, under French law, governed by Articles L. 226-1 to L. 226-14 of the French Commercial Code and, insofar as they are compatible with the aforementioned articles, by the provisions relating to ordinary limited partnerships and public limited companies, with the exception of Articles L. 225-17 to L. 225-93. Within this legal framework, the Company is also governed by its by-laws. The law and Rubis’ by-laws make the Partnership Limited by Shares a modern

2017 Registration Document I RUBIS 172