Employee shareholdings: mechanism for exercising voting rights

The shareholders’ meeting held on 29 April 2010, approved, pursuant to Article 114-bis of the CFL, a “2010-2014 Broad-based Employee Share Ownership Plan”. The voting rights relative to ordinary shares subscribed or assigned under the above plan are exercised by the relative subscribers or assignees, according to procedures and within limits corresponding in all respects to those applicable to the rest of this class of shares.