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40 INFORMATION ABOUT ANF Corporate governance 2. Corporate governance 2.1 O ffi ces and positions of corporate offi cers – Management experience as of December 31, 2009 Members of the Executive Board On March 25, 2009, the Supervisory Board renewed all of the terms of offi ce of the members of the Executive Board At the Registration Document fi ling date, the Executive Board of ANF is composed of three members following the resignation of Brigitte Perinetti from her duties as member of the Executive Board with effect from March 19, 2010: Last name First name Business address Position at ANF Executive Board Keller Bruno C/o ANF 32 rue de Monceau – 75008 Paris de Lacoste Lareymondie Xavier C/o ANF 32 rue de Monceau – 75008 Paris Perinetti (2) Brigitte C/o ANF 32 rue de Monceau – 75008 Paris Seguin Ghislaine C/o ANF 32 rue de Monceau – 75008 Paris ANF • 2009 ANNUAL REPORT Chairman of the Executive Board Chief Operating Offi cer Real Estate Director - (1) Including shares held by persons closely connected with the individual within the meaning of the AMF directive of September 28, 2006. (2) Brigitte Perinetti resigned from her duties as member of the Executive Board with effect from March 19, 2010. � Contents Number of shares held as of March 31, 2010 24,999 19,332 (1) 2,189 OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS
Name and age Bruno Keller Age: 55 Chairman of the Executive Board Xavier de Lacoste Lareymondie Age: 56 Chief Operating Offi cer Date of initial appointment May 4, 2005 December 14, 2006 End date of t erm of offi ce March 25, 2013 March 25, 2013 Main position held excluding ANF Chief Operating Offi cer and member of the Executive Board of Eurazeo Other offi ces and positions held in other companies as of December 31, 2009 Positions and offi ces currently held Chairman of ANF’s Executive Board. Member of the Executive Board and Chief Operating Offi cer of Eurazeo. Director of Europcar Groupe. Member of the Supervisory Board of Financière Truck (Investissement). Chairman of La Mothe, Rue Impériale Immobilier and Société Immobilière Marseillaise. Chairman of the Board of Directors of Société Française Générale Immobilière (SFGI). Manager of Eurazeo Real Estate Lux SARL (Luxembourg) and Investco 3d Bingen (Partnership ). Chief Operating Offi cer of Legendre Holding 21, Legendre Holding 22, Legendre Holding 23, Legendre Holding 25. Positions and offi ces held over the past 5 years Vice-Chairman of the Supervisory Board of Fraikin Groupe. Director of Legendre Holding 18. Chairman and Chief Operating Offi cer of ANF. Chairman of Catroux. Member of the Advisory Board of APCOA Parking Holdings GmbH (formerly Perpetuum Beteiligungsgesellschaft mbH) (Germany). Manager of Investco 1 Bingen (Partnership ), Investco 2 Bingen (Partnership ), Lux Tiles (Luxembourg), BlueBirds II Participations SARL (Luxembourg) and EREL Capital Sarl (Luxembourg). Chief Operating Offi cer of LH APCOA, Legendre Holding 12, Legendre Holding 9, Legendre Holding 10, Legendre Holding 24. Permanent representative of Eurazeo on the Board of Directors of France Asie Participations. Director of Gruppo Banca Leonardo (Italy). INFORMATION ABOUT ANF � Corporate governance Contents Management experience Bruno Keller joined the Eurazeo group in 1990 as Chief Financial Offi cer and was later appointed as Deputy Chief Operating Offi cer of Eurazeo in June 1998, then Chief Operating Offi cer and member of the Executive Board in 2002, after 14 years of experience in auditing, in fi nancial management positions and in third-party fund management. Bruno Keller is a Director of Europcar Groupe. He is a graduate of the École Supérieure de Commerce of Rouen. - Positions and offi ces currently held Xavier de Lacoste Chief Operating Offi cer and member of ANF’s Executive Board. Lareymondie joined Manager of ANF République. ANF in 2006 after Other positions and offi ces held over the past 5 years 12 years with AGF Chairman and Chief Executive Offi cer of Etablissement Paindavoine, as the head of Kléber Raphaël, Etoile Foncière et Immobilière, Société Commerciale real estate assets Vernet. valuation, appraisals Director of Kléber Longchamp, Kléber Passy, Kléber Poincaré, and investments. He Sonimm, AGF Saint Marc, CIABA, Assurances Maritimes Françaises. also spent 10 years Manager of Business Vallée II, Le Relais de la Nautique, SCI Le serving in the fi nancial Surmelin. and operational Permanent representative of AGF 2X in Sagitrans, Edifi ce SA. management of real Permanent representative of AGF Holding in Société Foncière Européenne. Permanent representative of AGF IART in Vernon SA, SA du Hameau, 12 Mademeine SA, 48 ND des Victoires. Permanent representative of AGF Saint Marc in Société Immobilière Neptune. Permanent representative of AGF Vie in 38 Opéra, Château Larose Trintaudon, SCI Les Collines de Sophia. Permanent representative of Eustache in NSRD. Permanent representative of Société Commerciale Vernet in the SCI La Paillère, SCI Chartreuse, SCI Espace Lumière 5, SCI Espace Lumière 3, SCI Morgane, SNC l’Armourier 2, SNC Le Grand Parc, SNC L’Aménagement de l’Armourier, SCI Les Jardins de Garches, SCI Tarbes Adour, Techniparc du Chêne, SCCV Gonesse Activités, SNC Immo Loisirs, Kléber Longchamp, Kléber Raphaël . Permanent representative of AGF in Eustache, PFE, Sagitrans. estate developers. ANF • 2009 ANNUAL REPORT 41 OTHER GENERAL GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS
Page 1 and 2: egistration document 2009
Page 3 and 4: 2009 Annual Report � The Registra
Page 5 and 6: DESCRIPTION OF THE BUSINESS 1. PROF
Page 7 and 8: of listed real estate companies hav
Page 9 and 10: Furthermore, as part of its asset r
Page 11 and 12: DESCRIPTION OF THE BUSINESS Propert
Page 13 and 14: 7. Lyons at the heart of the old ci
Page 15 and 16: ANF’s goal is to maintain the hig
Page 17 and 18: ANF had the following real estate a
Page 19 and 20: To return the buildings to their fo
Page 21 and 22: 9.3 Committed and secured developme
Page 23 and 24: DESCRIPTION OF THE BUSINESS (€ th
Page 25 and 26: A new ANF tenant in the cities of L
Page 27 and 28: 13. Key Figures SIMPLIFIED INCOME S
Page 29 and 30: 1. INCOME FROM OPERATIONS 28 1.1 Fa
Page 31 and 32: The ILC index applies to leases sig
Page 33 and 34: sales of €29.7 million and partia
Page 35 and 36: • property held for sale worth
Page 37 and 38: Income statement Net income in 2009
Page 39 and 40: 1.4 Financial structure Consolidate
Page 41: 1.5 Events occurring after the bala
Page 45 and 46: Members of the Supervisory Board 1.
Page 47 and 48: Name and age Delphine Abellard (1)
Page 49 and 50: Name and age Sébastien Bazin* Age:
Page 51 and 52: Name and age Jean-Luc Bret Age: 63
Page 53 and 54: Name and age Alain Lemaire* Age: 60
Page 55 and 56: Name and age Henri Saint Olive Age:
Page 57 and 58: INFORMATION ABOUT ANF 2.2 Declarati
Page 59 and 60: Members of the Executive Board and
Page 61 and 62: Ghislaine Seguin, Member of the Exe
Page 63 and 64: Members of the Executive Board and
Page 65 and 66: INFORMATION ABOUT ANF Corporate gov
Page 67 and 68: TABLE 5: STOCK OPTIONS EXERCISED BY
Page 69 and 70: Stock options are granted during th
Page 71 and 72: down into €21,783,916.96 charged
Page 73 and 74: Accordingly, the new purchase price
Page 75 and 76: 3 Risk management, risk factors and
Page 77 and 78: Risks related to information system
Page 79 and 80: Since June 1, 2006, lessors are req
Page 81 and 82: 3.5 Risks related to B&B Hotels Gro
Page 83 and 84: 2007 INFORMATION ABOUT ANF Voting r
Page 85 and 86: Pursuant to the regulations in effe
Page 87 and 88: 5. Sustainable development 5.1 Huma
Page 89 and 90: INFORMATION ABOUT ANF Reports and i
Page 91 and 92: otherwise exercisable, immediately
Page 93 and 94:
The maximum purchase price per shar
Page 95 and 96:
4. resolves that this delegation of
Page 97 and 98:
e retroactive, from which the new s
Page 99 and 100:
up to the limits set out by applica
Page 101 and 102:
The extraordinary resolutions propo
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INFORMATION ABOUT ANF Reports and i
Page 105 and 106:
website (www.medef.fr) (“Code de
Page 107 and 108:
The Statutory Auditors were duly in
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• liabilities or similar instrume
Page 111 and 112:
analysis of turnover by supplier, e
Page 113 and 114:
Within ANF, a profi t-sharing agree
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
CONSOLIDATED FINANCIAL STATEMENTS I
Page 123 and 124:
CONSOLIDATED BALANCE SHEET - TOTAL
Page 125 and 126:
STATEMENT OF CHANGES IN SHAREHOLDER
Page 127 and 128:
Detailled contents HIGHLIGHTS OF TH
Page 129 and 130:
using the fair value convention. In
Page 131 and 132:
As of December 31, 2009, fi ve buil
Page 133 and 134:
A review of the rental base for fi
Page 135 and 136:
d) Stock option plan granted in 200
Page 137 and 138:
Earnings per share (IAS 33) Basic e
Page 139 and 140:
CONSOLIDATED FINANCIAL STATEMENTS N
Page 141 and 142:
Note 2 Receivables maturity schedul
Page 143 and 144:
ANF’s former Chief Operating Offi
Page 145 and 146:
Note 10 Covenants With respect to l
Page 147 and 148:
Note 14 Associates CONSOLIDATED FIN
Page 149 and 150:
Note 16 Earnings per share CONSOLID
Page 151 and 152:
Note 20 Interest rate risk exposure
Page 153 and 154:
III - Specifi c checks and disclosu
Page 155 and 156:
ANNUAL FINANCIAL STATEMENTS Pursuan
Page 157 and 158:
Balance sheet at December 31, 2009
Page 159 and 160:
Notes to the financial statements D
Page 161 and 162:
espect of which depreciation period
Page 163 and 164:
The real estate assets break down b
Page 165 and 166:
Non-current fi nancial assets (€
Page 167 and 168:
Note 8 Change in shareholder’s eq
Page 169 and 170:
Note 10 Debt maturity schedule (€
Page 171 and 172:
Note 14 Covenants With respect to l
Page 173 and 174:
Note 16 Headcount As of December 31
Page 175 and 176:
Stock option plan granted in 2007 D
Page 177 and 178:
Stock option plan granted in 2009 D
Page 179 and 180:
Note 22 Extraordinary items ANNUAL
Page 181 and 182:
III - Specifi c checks and disclosu
Page 183 and 184:
PRO FORMA FINANCIAL INFORMATION �
Page 185 and 186:
OTHER GENERAL INFORMATION 1. PERSON
Page 187 and 188:
Statutory Auditors’ fees TABLE OF
Page 189 and 190:
If the ownership threshold is not m
Page 191 and 192:
OTHER GENERAL INFORMATION Other inf
Page 193 and 194:
3.2 Share capital Number of shares
Page 195 and 196:
violation of these Articles of Asso
Page 197 and 198:
to a specifi c situation, or conver
Page 199 and 200:
or vote on the project in question
Page 201 and 202:
OTHER GENERAL INFORMATION Other inf
Page 203 and 204:
5.6 History Important events in the
Page 205 and 206:
In accordance with RICS rules, we w
Page 207 and 208:
• Three assets are under fi nance
Page 209 and 210:
OTHER GENERAL INFORMATION Contacts
Page 211 and 212:
OTHER GENERAL INFORMATION Contacts
Page 213 and 214:
OTHER GENERAL INFORMATION Concordan
Page 215 and 216:
OTHER GENERAL INFORMATION Concordan
Page 217 and 218:
OTHER GENERAL INFORMATION � Conte
Page 220:
Head office : 32, rue de Monceau -
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