Altamir - Registration Document 2016

CORPORATE GOVERNANCE

Report of the Chairman of the Supervisory Board

2.4 REPORT OF THE CHAIRMAN OF THE SUPERVISORY BOARD

ON THE CONDITIONS UNDERWHICH THEWORK OF THE SUPERVISORY BOARD WAS PREPARED AND ORGANISED AND ON THE INTERNAL CONTROL PROCEDURES IN PLACEWITHIN THE COMPANY

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2.4.1 CONDITIONS FOR THE

Pursuant to Article L. 226-10-1 of the French Commercial Code, the Chairman of the Supervisory Board of a French partnership limited by shares, whose headquarters are located in France and whose securities are admitted to trading on a regulated market, must report on the composition of the Board and on the applicationof theprincipleof balanced representationofmen and women thereon. TheChairmanmust also report on the conditions underwhich thework of theBoardof Directors or the Supervisory Board was prepared and organised and on the internal control and risk management procedures in place within the Company. The report was prepared by the Chairman of the Board together with the Company’s internal departments. It was subsequently examined by the Audit Committee during its meeting of 6 March 2017. The report was submitted to the Supervisory Board for approval on 6 March 2017 and transmitted to the Statutory Auditors.

PREPARATION ANDORGANISATION OF THE BOARD’S PROCEEDINGS – CORPORATE GOVERNANCE

Please refer to section 2.1.3.

COMPOSITION OF THE SUPERVISORY BOARD

Supervisory Board is composed of six members: Jean-Hugues Loyez, Chairman of the Supervisory Board; Jean Besson, Chairman of the Audit Committee; Sophie Etchandy-Stabile; Marleen Groen, Member of the Audit Committee; Gérard Hascoët, Member of the Audit Committee; Philippe Santini.

There was no change in the composition of the Supervisory Board during 2016.

Independence status

Audit Committee membership

Expiration of appointment

Board member

Nationality

Gender

Attendance rate

General Meeting held in 2018 General Meeting held in 2018 General Meeting on 28 April 2017 General Meeting held in 2018 General Meeting on 28 April 2017

Jean-Hugues Loyez

French

Male

Independent

No

100%

Jean Besson

French

Male

Not Independent

Yes

100%

Marleen Groen

Dutch

Female

Independent

Yes

86%

Sophie Etchandy- Stabile

Yes, since 2 February 2017

French

Female

Independent

57%

Philippe Santini

French

Male

Independent

No

86%

Gérard Hascoët General Meeting on 28 April 2017 The Board includes two women and four men, a female/male proportion that is consistent with legal provisions (Art. L. 225-18-1 of the French Commercial Code). The members of the Supervisory Board are all French nationals except for Ms Groen, who is Dutch. French Male Not Independent No, since 2 February 2017 100%

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REGISTRATION DOCUMENT 1 ALTAMIR 2016