2007 Annual report - Groupe M6

legal information
Conseil Supérieur de l’Audiovisuel (CSA), comprising notably the conception, production,
programming and broadcasting of television programmes, including all advertising;
- all industrial, commercial, financial and real estate transactions directly or indirectly
connected to the above. Also, any related or complementary aims likely to further the
development of the company’s objectives or assets.
Statutory Appropriation of Profits (Article 40 of the bylaws)
5% of the profit of the year as reduced by any prior year losses shall be allocated to the
legal reserve. This deduction ceases to be obligatory once the legal reserve amounts to
one tenth of the share capital.
The balance, less any transfers to other reserves as required by law, together with any
profits carried forward comprise the distributable profit. As applicable, the following may
be deducted from the distributable profit:
a) Any amounts that the General Meeting, upon the recommendation of the Management
Board, decides to allocate to any special reserves, ordinary or extraordinary or to
carry forward.
b) Any amounts necessary to give shareholders, by way of first dividend, 5% of the
amount paid and not written down on their shares without entitling them to a claim on
future profits, if there is an insufficient profit in a year to effect the payment.
The balance of distributable profit, after the above deductions, shall be split equally among
all shares by way of a special dividend.
If the General Meeting decides to distribute amounts from the reserves that are available,
the decision shall expressly indicate which reserves are to be used.
In accordance with legal provisions, the General Meeting called to approve the annual
financial statements may grant shareholders the option of receiving payment in cash or in
shares for all or part of the dividend or interim dividend payment.
General Meetings (Articles 27-29 of the bylaws)
Notice of meetings – Attendance and exercise of voting rights
Shareholders meetings are announced by a preliminary notice which is published in the
Bulletin des Annonces Légales Obligatoires (BALO) at least 35 days prior to the meeting
date, pursuant to regulations in force, other than where an exception to this rule is allowed
by such regulations (notably during a public share-offer period).
The final notice of shareholders meetings is issued at least fifteen days prior to the date
set for the meeting on first call, other than where an exception to this rule is allowed by
regulations in force. This time period is reduced to six days for meetings on second call,
other than where an exception to this rule is allowed by regulations in force.
M6 GROUP - 2007 annual report
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