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Presentation of the groupPresentation of Sequana 1Dividend per shareDividends paid by the Company over the past five yearsYearNet dividend2008 –2009 €0.352010 €0.402011 –2012 (1) – (1)(1) Decision subject to shareholder approval at the Annual General Meeting of 27 June 2013.Dividend payout policySequana’s dividend policy is chiefly based on the Group’s earningscapacity, financial position, the ability of its operating subsidiariesto pay out dividends, and any other factors that theBoard deems relevant.In connection with its new refinancing agreement finalised inApril 2012, Sequana agreed with its financial partners not to payany dividends in 2012 or 2013 and to limit any dividend payoutin 2014.Sequana reported a net loss attributable to owners of €119 millionfor 2012, due mainly to writedowns taken against assets on thebooks of Arjowiggins and Antalis in an amount of €54 millionand restructuring costs for the production and distribution businessestotalling €52 million.At its meeting of 26 March 2013, Sequana’s Board of Directorsdecided that it would appropriate the net loss to retained earningsand would recommend not paying any dividends inrespect of 2012 at the Annual General Meeting to be held on27 June 2013 to approve the financial statements for the yearended 31 December 2012.Market capitalisation at 31 December 2012(e millions)577213 2062010 2011 2012Regular dialogue with investorsSequana provides the market with quarterly updates on its results(sales by business and condensed consolidated income statement)and its strategic focuses, and publishes full or condensed financialstatements twice a year.All of this information can be consulted on its website in Frenchand English. The website may be used to consult the share pricein real time and obtain the latest press releases, analyst presentationsand so on. An e-mail alert service informs all interestedparties of the latest news releases.A financial notice is published in the French media in connectionwith the Group’s annual and half-yearly earnings announcements.Sequana organises information meetings that coincide with thepublication of annual and interim earnings. Senior managementmeets regularly with investors in Europe and also takes part in conferencesorganised for small and mid-caps. Sequana participated intwo such meetings in 2012 in Paris, as well as in around a dozenmeetings with investors as part of the Group’s capital increase.Further information on the Sequana share can be obtained fromthe communications and investor relations department:■■by mail, addressed to: Sequana, 8, rue de Seine,92517 Boulogne Cedex, France■■on the Group’s website: www.sequana.com■■by e-mail: contact@sequana.com■■by telephone: +33 (0)1 58 04 22 80Management of share accountsSequana’s Articles of Association require that shares be heldin fully registered or administered registered form or as bearershares in order to facilitate trading in the Company’s shares.BNP Paribas Securities Services manages Sequana’s share accounts.BNP Paribas Securities ServicesInvestor Relations9, rue du Débarcadère93500 Pantin, FranceTel: +33 (0)8 26 109 119Sequana | 2012 Document de référence (English version) | 21