2007 - April
2007 - April
2007 - April
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5.0<br />
Special Statutory Auditors’ report on regulated agreements and commitments Year ended December 31 st , <strong>2007</strong><br />
Agreement to sponsor Solucia for its membership of<br />
the French Federation of Insurance Companies (FFSA)<br />
Nature and purpose<br />
APRIL GROUP SA has sponsored Solucia in connection with<br />
its membership of the FFSA. Through this sponsoring, APRIL<br />
GROUP SA undertakes, in relation to the FFSA, to guarantee<br />
all the financial obligations that could result from any<br />
professional undertakings entered into by Solucia, notably<br />
relative to its participation in claims settlement agreements,<br />
and to immediately inform it of any transfer of Solucia’s<br />
capital or control to other shareholders, to another company<br />
that is not part of the Group or to any other group.<br />
On <strong>April</strong> 26 th , <strong>2007</strong>, the Supervisory Board approved this<br />
approach.<br />
Terms<br />
This agreement did not have any impact on the accounts in<br />
<strong>2007</strong>.<br />
People concerned<br />
Dominique Chalopin, Director of Solucia and Chairman of the<br />
Executive Board of APRIL GROUP SA.<br />
Agreement to sponsor Axeria Vie for its membership of<br />
the French Federation of Insurance Companies (FFSA)<br />
Nature and purpose<br />
APRIL GROUP SA has sponsored Axeria Vie in connection<br />
with its membership of the FFSA. Through this sponsoring,<br />
APRIL GROUP SA undertakes, in relation to the FFSA, to<br />
guarantee all the financial obligations that could result<br />
from any professional undertakings entered into by Axeria<br />
Vie, notably relative to its participation in claims settlement<br />
agreements, and to immediately inform it of any transfer<br />
of Axeria Vie’s capital or control to other shareholders, to<br />
another company that is not part of the Group or to any<br />
other group.<br />
On <strong>April</strong> 26 th , <strong>2007</strong>, the Supervisory Board approved this<br />
approach.<br />
Terms<br />
This agreement did not have any impact on the accounts in<br />
<strong>2007</strong>.<br />
People concerned<br />
Dominique Chalopin, Daniel Collignon and Bruno Rousset,<br />
Directors of Axeria Vie and respectively Chairman of the<br />
Executive Board, Executive Board member and Chairman of<br />
the Supervisory Board of APRIL GROUP SA.<br />
Agreements and commitments approved in previous<br />
years that continued to apply over the past financial<br />
year<br />
Furthermore, in accordance with the French commercial<br />
code, we were informed that the following agreements and<br />
commitments, which were approved in previous financial<br />
years, continued to apply during the last financial year.<br />
Agreement with EVOLEM for the provision of services<br />
Nature and purpose<br />
This concerns services provided by EVOLEM under a nonexclusive<br />
mandate (investment target identification and<br />
valuation, financial facility design).<br />
Terms<br />
The amount booked as an expense for the year ended came<br />
to 143,520 euros (gross).<br />
Sub-lease to EVOLEM<br />
Nature and purpose<br />
110 square meters of floor space was made available to<br />
EVOLEM under a sub-leasing agreement dated October 31 st ,<br />
2001 and entering into effect on November 1 st , 2001, for a<br />
reviewable annual rent of 18,662 euros (net of tax).<br />
168<br />
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