to download the 2012 registration document. - Groupe M6

CORPORATE GOVERNANCEIII- PARTICIPATION OF SHAREHOLDERSIN GENERAL MEETINGSThe terms and conditions of participation of shareholders in General Meetings is described in Article29 of the bylaws.IV- FACTORS LIKELY TO HAVE AN EFFECT IN THE EVENT OF A PUBLIC OFFERFERThese are disclosed in the Management Report (section 3.5).V- INTERNAL CONTROL PROCEDURES AND RISK MANAGEMENTAGEMENTThe present section has been prepared by the Audit and Risk Management Department andchecked by the Chief Financial Officer. It was prepared on the basis of the principal conclusionsarising from the work carried out in 2012 on internal control and risk management. The results of thiswork were considered in 2012, specifically at the time of Audit Committee meetings that were heldthroughout the year.5.1 General organisation of internal control5.1.1 Definition of internal controlIn order to mitigate the risks the Group faces, M6’s Executive Management set up an internal controlsystem closely associated with operational management and which acts as a decision-making toolfor Management.This internal control is based on the benchmark of the Committee of Sponsoring Organizations ofthe Treadway Commission (COSO) and the recommendations on corporate governance and internalcontrol prepared by the AMF, which take into consideration legal and regulatory obligations as wellas good trade practices.The Métropole Télévision Group (Métropole Télévision SA and its subsidiaries) defines internalcontrol as a process that consists of setting up and continuously revising appropriate managementsystems, with the aim of providing managers and senior executives with reasonable assurances thatfinancial information is reliable, that legal and internal regulations are complied with and that theprincipal processes of the business function effectively and in an efficient manner. In addition, one ofthe objectives of an internal control system is to prevent and manage the risk of error or fraud.As with all control systems, it cannot provide an absolute guarantee that these risks are fullyeliminated or controlled. The mechanism implemented aims to reduce the probability of theiroccurrence by the implementation of appropriate action and prevention plans.5.1.2 Summary of risksEvery year, the Group prepares and updates a summary of all the operational and functional risksincurred by its various operating and functional staff. This summary determines events that may havean adverse effect on the achievement of the Group’s objectives and provides for the implementationof action plans and detailed follow-up.This work is carried out with the support of members of the Executive Committee of the Group andthe senior operating and functional executives.This summary of risks is presented bi-annually to the Audit Committee.The main risks facing the Group are discussed in the current Management Report, in section 4relating to risk factors and how they are managed.88 - M6 GROUP - 2012 REGISTRATION DOCUMENT