Shareholders' corner

In 2014: The distribution of a dividend of €1.10 per share is performed in two separate lines and thus subject to two separate taxation schemes for individual shareholders residing in France:

• In the amount of €0.93, the dividend paid would be considered as taxable income subject to sliding-scale income tax and eligible, for individual shareholders residing in France, for the 40% exemption provided for under Article 158-3-2° of the French Tax Code (Code Général des Impôts). This portion of dividend is, in principle, subject to a compulsory withholding tax of 21% on its gross amount, excluding social security contributions, said levy being attributable to income tax on revenue received during the 2015 fiscal year. However, under article 117 quater of the French Tax Code (Code Général des Impôts), "individual shareholders belonging to a tax household whose reference fiscal income for the penultimate year, as defined in article 1417, section 4, sub-section 1, is less than €50,000 for taxpayers who are single, divorced or widowed or less than €75,000 for taxpayers subject to joint taxation, may request exemption from this levy". Such persons should, on their own initiative, submit a request for exemption according to the conditions set out in article 242 quater of the French Tax Code (Code Général des Impôts). This portion of dividend is also subject to a withholding tax of 15.5% for social security contributions.
• In the amount of €0.17, the dividend payment deducted from the "issue premium" account would be considered as a repayment of paid-in capital within the meaning of article 112-1° of the French Tax Code (Code Général des Impôts), therefore nontaxable for individual shareholders residing in France; it would however reduce the fiscal share cost price by the amount of €0.17 per share.

In 2015: Dividend distribution in respect of 2015 has been effected (as dividend distribution in respect of 2014) by deduction from: 

• distributable income in an amount of €0.729 per share on the one hand, and
• the "issue premium" account in an amount of €0.421 per share on the other.

In 2016: Dividend distribution in respect of 2016 has been effected (as dividend distribution in respect of 2014 and 2015) by deduction from:

• distributable income in an amount of €0.791 per share on the one hand, and
• the "issue premium" account in an amount of €0.399 per share on the other.

In 2017:  Dividend distribution in respect of 2017 has been effected (as dividend distribution in respect of 2014, 2015 and 2016) by deduction from:

• distributable income in an amount of €0.928 per share on the one hand, and
• the "issue premium" account in an amount of €0.332 per share on the other.

In 2018:  Dividend distribution in respect of 2018 has been effected (as dividend distribution in respect of 2014, 2015, 2016 and 2017) by deduction from:

• distributable income in an amount of €0.790 per share on the one hand, and
• the "issue premium" account in an amount of €0.550 per share on the other.

In 2025: Subject to the approval of shareholders at the General Meeting on May 27, 2026 and payable on June 2, 2026.  This dividend will be paid in full out of distributable income.