SECTION 1 -

- The acquisition of any interest, by any means, in French or foreign companies or groups with a
similar or related corporate purpose;
- Public relations and communications management, seminar and conference organization as well as
meetings, conventions, performances and events relating to the transactions described above;
- The financing and management of the short, medium or long-term cash flow of the companies that it
controls or that are under common control with it and, in this regard, entering into any loans in
France or abroad, in euros or otherwise, the granting of any loans and advances, in euros or
otherwise, and the execution of any cash, placement and hedging transactions; and
- Any commercial, industrial, financial, property or real estate transaction that may relate, directly or
indirectly, to its corporate purpose and to all purposes that are similar or related and may expedite
the execution of any such transaction.
In order to achieve this purpose, New Services Holding may take any actions or conduct any transactions,
regardless of their nature or size, including creating new companies, subscribing for or purchasing new securities or
equity interests or conducting any acquisitions or mergers, if they contribute to or facilitate the activities described
above, or if they directly or indirectly protect the commercial, industrial or financial interests of New Services
Holding, its subsidiaries, or the companies with which it conducts business.”
18,494 of the 18,500 shares comprising the share capital of NEW SERVICES HOLDING S.A.
are held by ACCOR S.A. as of the date of this report.
NEW SERVICES HOLDING S.A. did not conduct business prior to December 31, 2009. Since
January 1, 2010, NEW SERVICES HOLDING S.A. has entered into cash management, hedging,
placement and financing transactions as stated in paragraph II.5 of the Recitals of the
contribution agreement. As of December 31, 2009, its shareholders’ equity amounted to €25,000.
1.1.3. Links between the Companies
As of the date of this report, the share capital of NEW SERVICES HOLDING S.A. is, as
indicated above, held almost entirely by ACCOR S.A.
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