231 DECEMBER <strong>2010</strong>Share Capital and Share OwnershipAt the Annual General Meeting of 14 April 2011, the shareholders willbe asked to renew all these authorisations (see as of page 200).The Board of Directors used these authorisations as follows:■A total of 48,540 stock options exercisable for new ordinary shareswere granted in <strong>2010</strong>, in accordance with the authorisation grantedby extraordinary resolution of the shareholders at the Annual■General Meeting of 29 April <strong>2010</strong> (see paragraph below on “Stockequivalents”).Share grants totalling 60,800 ordinary shares were made in 2008,524,736 were made in 2009 and 370,418 were made in <strong>2010</strong>,in accordance with the authorisation granted by extraordinaryresolution of the shareholders at the Annual General Meeting of29 May 2008 (see paragraph below on “Stock equivalents”).2.6.4. STOCK EQUIVALENTSOptions to purchase new sharesSince 1990, the Group has introduced several stock option plans for officers and employees. Details of all stock option plans that expired in<strong>2010</strong> and those valid at 31 January 2011 are shown below. No executive officers have received stock options.Grant dateInitial exercisedateExpiry dateOriginalnumber ofgranteesSubscriptionprice (€)Numberof optionsgrantedNumberof optionsexercisedNumberof optionscancelledor lapsedNumberof optionsoutstandingat 31 January2011 (1)9 Dec. 2004 9 Dec. 2007 8 June <strong>2010</strong> 408 59.01 78,527 26,320 52,207 026 May 2005 25 May 2008 25 Nov. <strong>2010</strong> 275 57.76 318,643 179,306 139,337 08 Dec. 2005 8 Dec. 2008 7 June 2011 413 56.31 50,281 9,194 21,338 19,75913 April 2006 13 April 2009 12 Oct. 2011 317 58.16 354,360 79,647 141,665 133,04815 Dec. 2006 15 Dec. 2009 14 June 2012 504 69.65 53,708 407 24,448 28,85313 April 2007 13 Oct. <strong>2010</strong> 12 Oct. 2012 351 75.75 362,749 0 133,985 228,7647 Dec. 2007 7 June 2011 6 June 2013 576 74.98 54,497 0 15,890 38,60714 April 2008 14 Oct. 2011 13 Oct. 2013 415 76.72 434,361 0 118,419 315,9425 Dec. 2008 5 June 2012 4 June 2014 633 49.02 109,001 0 17,047 91,95422 Dec. 2008 22 June 2012 21 June 2014 1 47.19 1,000 0 1,000 08 April 2009 8 Oct. 2012 7 Oct. 2014 33 49.47 37,150 0 1,000 36,1504 Dec. 2009 4 June 2013 3 June 2015 559 57.18 72,603 0 9,537 63,06629 April <strong>2010</strong> 29 Oct. 2013 28 Oct. 2015 33 64.87 48,540 0 425 48,115(1) Number of options granted at inception less those exercised and those cancelled when the grantees left the company.34 <strong>Casino</strong> Group | Registration Document <strong>2010</strong>
31 DECEMBER <strong>2010</strong>Share Capital and Share Ownership2Share grantsPursuant to the provisions of articles L. 225-197-1 et seq. of the French Commercial Code (Code de commerce), the Company has madeshare grants to employees of Group companies. Details of the share grant plans valid at 31 January 2011 are shown below. No executiveofficers have received share grants.Grant dateVesting dateDate from which theshares may be soldNumber of granteesNumber of shares grantedTo the top tengrantees (*)Total adjustednumber of sharesgranted at31 January 2011 (1)14 April 2008 14 Oct. 2011 14 Oct. 2013 18 3,760 3,640 (2)14 April 2008 14 Oct. 2011 14 Oct. 2013 64 7,810 1,846 (3)14 April 2008 14 April 2011 14 Oct. 2013 1 6,517 6,517 (4)5 Dec. 2008 5 Dec. 2011 5 Dec. 2013 1 500 500 (4)8 April 2009 8 Oct. 2011 8 Oct. 2013 1,017 87,900 393,988 (5)8 April 2009 8 Oct. 2011 8 Oct. 2013 21 4,410 5,350 (2)8 April 2009 8 Oct. 2011 8 Oct. 2013 67 7,260 6,757 (6)8 April 2009 8 April 2011 8 April 2013 1 8,000 8,000 (4)4 Dec. 2009 4 Dec. 2012 4 Dec. 2014 3 24,463 24,463 (4)29 April <strong>2010</strong> 29 April 2013 29 April 2015 882 45,100 269,910 (5)29 April <strong>2010</strong> 29 April 2013 29 April 2015 20 4,270 5,100 (2)29 April <strong>2010</strong> 29 April 2013 29 April 2015 68 7,060 11,945 (6)29 April <strong>2010</strong> 29 April 2013 29 April 2015 29 39,556 48,326 (4)22 Oct. <strong>2010</strong> 22 Oct. 2012 22 Oct. 2014 2 4,991 4,991 (4)3 Dec. <strong>2010</strong> 3 Dec. 2013 3 Dec. 2015 469 8,120 17,268 (4)(*) At inception.(1) Number of shares granted at inception less those cancelled when the grantees left the company or on failure to meet performance conditions.(2) The grantees are employees and offi cers of the Codim 2 group. The share grants are contingent upon the grantees remaining with the company until the vesting date and upon achievementof a performance target based on Codim 2 sales growth over two years.(3) The grantees are employees and offi cers of the <strong>Mo</strong>noprix group. The share grants are contingent upon the grantees remaining with the company until the vesting date and upon achievementof two <strong>Mo</strong>noprix performance targets measured at the end of 2008 and 2009. The targets are EBIT (before asset disposals) and net debt (before dividends).(4) The share grants are contingent only upon the grantees remaining with the company until the vesting date.(5) The share grants are contingent upon the grantees remaining with the company until the vesting date and upon achievement of a performance target based on organic sales growth on acomparable scope basis over two years of French operations that are fully or proportionately consolidated including Franprix/Leader Price and <strong>Mo</strong>noprix but excluding Vindémia.(6) The grantees are employees and offi cers of the <strong>Mo</strong>noprix group. The share grants are contingent upon the grantees remaining with the company until the vesting date and upon achievementof a performance target based on <strong>Mo</strong>noprix sales growth over two years.The share grant plan of 14 April 2008 was contingent upon thegrantees remaining with the company until the vesting date andupon achievement of a performance target based on organic salesgrowth on a comparable scope basis over two years (31 December2009 versus 31 December 2007) of French operations that are fullyor proportionately consolidated including Franprix/Leader Price and<strong>Mo</strong>noprix but excluding Vindémia. These shares did not vest on14 October 2011 as the performance condition was not met.The following table shows the number of shares that have vested under the share grant plans of 14 April 2008, 13 April 2007, 29 October2008 and 7 December 2007:Grant date Vesting date Number of shares vested Type of shares14 April 2008 14 April <strong>2010</strong> (1) 1,500 Existing shares13 April 2007 13 Oct. <strong>2010</strong> (2) 50,437 Existing shares13 April 2007 13 Oct. <strong>2010</strong> (3) 1,615 Existing shares13 April 2007 13 Oct. <strong>2010</strong> (4) 3,720 Existing shares29 Oct. 2008 29 Oct. <strong>2010</strong> (1) 51,550 New shares7 Dec. 2007 7 Dec. <strong>2010</strong> (1) 20,800 Existing shares(1) The share grants were contingent only upon the grantees remaining with the company until the vesting date.(2) The share grants were contingent upon the grantees remaining with the company until the vesting date and upon achievement of a performance target based on organic sales growth ona comparable scope basis over two years of French operations that are fully or proportionately consolidated including <strong>Mo</strong>noprix but excluding Vindémia.(3) The grantees were employees and offi cers of the <strong>Mo</strong>noprix group. The share grants were contingent upon the grantees remaining with the company until the vesting date andupon achievement of two performance targets measured at the end of 2007 and 2008. The targets were EBIT (before asset disposals) and net debt (before dividends paid as of1 January 2007).(4) The grantees were employees and offi cers of the Codim 2 group. The share grants were contingent upon the grantees remaining with the company until the vesting date and uponachievement of a performance target based on Codim 2 organic sales growth on a comparable scope basis over two years.Registration Document <strong>2010</strong> | <strong>Casino</strong> Group35