ALTAMIR_REGISTRATION_DOCUMENT_2017

CON T E N T S

CONVERSATION WITH THE CHAIRMAN AND CEO OF THE MANAGEMENT COMPANY, MAURICE TCHENIO

2

1

PRESENTATION OF THE COMPANY AND ITS ACTIVITIES 7

1.1

Selected financial information

9

1.2 Presentation of the company

18

1.3 Business description

45

1.4 Comments on the financial year 63 1.5 Internal control procedures implemented by the Company 71 1.6 Description of risk factors and their management 74

2

CORPORATE GOVERNANCE – REPORT OF THE SUPERVISORY BOARD 2.1 Management and supervisory bodies 2.2 Remuneration and benefits of managers and corporate officers 2.3 Observations of the Supervisory Board at the General Meeting

83

84

97

101

3

FINANCIAL STATEMENTS

105

3.1 Consolidated financial statements

106

3.2

Statutory auditor’s report on the consolidated financial statements

130 133

3.3 Statutory financial statements

3.4

Statutory auditor’s report on the statutory financial statements

147

3.5 List of subsidiaries and equity investments

151

4

INFORMATION ABOUT THE COMPANY AND ITS CAPITAL

153

4.1 Share capital

154 158 162 166 169

This document is an English-language translation of the French “Document de référence” filed with the Autorité des Marchés Financiers (AMF) on 11 April 2018, in compliance with Article 212-13 of the AMF’s General Regulation. Only the original French version can be used to support a financial transaction, provided it is accompanied by a prospectus (note d’opération) duly certified by the Autorité des Marchés Financiers. The document was produced by the issuer, and the signatories to it are responsible for its contents. It is available free of charge, upon request, at the Company’s head office.

4.2 Principal shareholders

4.3 Legal and tax framework of an SCR

4.4 Articles of Association 4.5 Regulated agreements

5

SUPPLEMENTARY INFORMATION

171

5.1 Person responsible for the Registration Document

172

5.2 Persons responsible for the audit of the financial statements 5.3 Documents available to the public

173 174 175 176 181

5.4 Reference to historical financial statements

5.5 Cross reference index

5.6 Glossary