Universal Registration Document 2019

15 LISI 2019 UNIVERSAL REGISTRATION DOCUMENT General information regarding the Company 1 Article 15 ‑ Shareholders’ General Meetings 1. Shareholders’ General Meetings are convened and deliberate in accordance with the applicable legal provisions. They are held at the head office or at any other location specified in the meeting notice. 2. The Shareholders’ General Meeting consists of all shareholders, regardless of how many shares they own, providing that the shares are fully paid-up. The right to attend in person or to be represented by proxy is subject: ■ for registered shareholders, to the registration of their shares in a “pure” nominee or administered personal account at least five days before the date of the Meeting; ■ for holders of bearer shares, if any exist, to the submission within the same period of time, of a certificate established by the authorized proxy acknowledging the unavailability of the shares registered in the account until the date of theMeeting. However, the Board of Directors may, as a general rule, reduce or waive this time period. 3. The meetings are chaired by the Chairman of the Board of Directors or, in his absence, by the oldest Deputy Chairman, or in the absence of a Deputy Chairman, by the most senior director present at the Meeting. Failing this, the Meeting shall elect its Chairman. 4. Barring any legal or regulatory measures to the contrary, eachmember of the Shareholders’ General Meeting is entitled to as many votes as the shares he or she owns or represents, both in their own name and as a proxy, without limitation. However, certain shares have double the voting rights of other shares in viewof the proportion of share capital they represent, namely: ■ all fully paid-up shares registered in the name of the same shareholder for at least four (4) years; ■ all shares allocated free of charge to shareholders as part of a capital increase carried out through the incorporation of reserves, profits or issue premiums, up to the number of existing shares for which they are entitled to such double voting rights. Double-voting rights cease to apply once the shares change hands. However, the aforementioned time period is not interrupted and double voting rights still apply in the event that transfers occur as a result of inheritance, liquidation of community property between spouses or gifts inter vivos to a partner or family relation who is entitled to inheritance rights. 5. In the event that shareholders vote by proxy, only those proxy votes that have arrived at the company at least three days prior to the date of the Shareholders’ General Meeting will be counted. Moreover, attendance of a shareholder at the Shareholders’ General Meeting shall consequently render null and void the postal vote and/or the form of proxy which said shareholder may have, where appropriate, sent to the company; the shareholder’s presence shall override any other form of participation which he may have previously chosen. If the shareholder is not present at the meeting, his power of attorney is only taken into consideration with respect to the votes cast in his proxy voting form, if one has been submitted. Article 17 ‑ Distribution of earnings Out of the distributable profit, all amounts the Shareholders’ General Meeting shall decide to carry forward to the next year or allocate to the creation of extraordinary, contingency, or other funds, with or without a special allocation. The remainder is distributed between the shareholders, in proportion to the share capital held. Each shareholder may be granted the option of receiving payment in cash or in shares under the terms provided for by law, for all or part of the dividend or the advance on the dividend distributed. An additional loyalty dividend of 10% is allocated to all shareholders with evidence of being personally registered at the end of the financial year for at least two years and are still registered on the date of payment of the dividend. Insofar as the Company’s securities are able to be traded on a regulated market, the number of shares eligible for this bonus may not exceed, for a single shareholder, 0.5% of the Company’s share capital. The same bonus may be allocated under the same conditions if there is a distribution of free shares. Consultation of corporate documents The legal documents concerning the company LISI S.A. (bylaws, minutes of General Meetings, Statutory Auditors’ reports, and all other documents made available to the shareholders) may be consulted upon request at the Company’s head office located at the following address: Société LISI S.A., 6 rue Juvénal Viellard, CS 70431Grandvillars, 90008 BELFORT Cedex.