SECTION 1 -

Number of shares
140
Percentage of share
capital
Percentage of voting
rights
ColTime/ColDay/Legendre Holding 19 (1) 65,844,245 29.15% 29.15%
FSI/CDC (2) 19,549,239 8.65% 8.65%
Southeastern Asset Management (3) 15,035,427 6.66% 6.66%
Franklin Resources, Inc. (4) 12,544,058 5.55% 5.55%
Founders (5) 6,001,083 2.66% 2.66%
Accor 18,500 0.01% 0.01%
Other shareholders 106,904,844 47.32% 47.32%
Total 225,897,396 100.00% 100.00%
(1) ColTime (Colony Capital, LLC), ColDay (Colony Capital, LLC) and Legendre Holding 19 (controlled by Eurazeo) are parties
to a shareholders’ agreement.
(2) Interest held jointly by FSI and CDC based on their declaration of July 21, 2009
(3) Based on the declarations of June 17 and July 15, 2009, as updated by Accor S.A.
(4) Based on the declarations of April 15 and 20, 2010, as updated by Accor S.A.
(5) Founders of the Accor group: Paul Dubrule, Gérard Pélisson and their families
7.3.1.2 Voting rights of the key shareholders
As of the date of this prospectus, each share of the Company grants the right to one vote.
The double voting rights of certain Accor S.A. shareholders will not apply to the shares of the
Company that they will receive.
None.
7.3.1.3 Agreement that may result in a change of control
7.3.2 Dividend policy
Subject to any needs that may arise, New Services will seek to implement a dividend
distribution policy that is consistent with its strong ability to generate cash, while maintaining its
ability to finance growth. These dividends are expected to be proposed at the shareholders’ meeting
convened to approve the financial statements for the fiscal year ending as at December 31, 2010.
This dividend policy will be established by the Board of Directors appointed by the general meeting of
shareholders of June 29, 2010, which will include seven directors who are independent within the
meaning of the criteria set forth in the 2008 AFEP‐MEDEF code of corporate governance for listed
companies.
SECTION 8 ‐ SHAREHOLDERS’ MEETING
8.1 Presentation of the Shareholders’ resolutions
The table below presents the resolutions that were adopted by the combined ordinary and
extraordinary shareholders’ meeting that was held on May 10, 2010, subject to the non‐retroactive
condition precedent of the admission of the Company shares for trading on Euronext Paris.