CHAPTER IV: Administration and control

The report referred to in the fourteenth paragraph of Article L. 1524-5 of this code includes the following information:

1° A presentation of the semi-public company recalling its history, its corporate purpose, its areas of activity, the address of its registered office, the number of its employees, the breakdown of its capital, the organisation of its governance, the names of the chairman, the managing director and the directors, identifying those who represent the shareholding local authority or grouping, the main activities and operations of the past year identifying those that concern the shareholding local authority or grouping and its development prospects ;

2° A statement of the relationship between the shareholding local authority or grouping and the semi-public company, listing the contracts, contributions to partners' current accounts, loan guarantees and aid granted in respect of economic development or any other financial assistance, and specifying for each of them their purpose, their amount and, where applicable, the sector of activity to which they relate;

3° Amendments to the articles of association made during the year, keeping a record of the last five years;

4° Changes in the shareholder base made during the year, keeping a record of the last five years;

5° A statement of all the company's direct and indirect shareholdings, within the meaning of Article L. 233-4 of the French Commercial Code, in the capital of other companies or economic interest groupings, stating the amount of the holding, the share of capital held, the field of activity of the company in which the holding is acquired, the reason for the holding and the identification of the representatives of the semi-public company on the board of directors or supervisory board of that company ;

6° A description of the main financial, legal, technical or economic risks and uncertainties facing the semi-public company, and how they are being dealt with, if applicable;

7° The status of the procedures for preventing and detecting breaches of probity implemented by the company as part of the article 17 of Act no. 2016-1691 of 9 December 2016 on transparency, the fight against corruption and the modernisation of economic activity and, where applicable, those implemented under 3° of Article 3 of the same Act ;

8° Information on any controls to which the company is subject;

9° The procedures for exercising analogous control for local public companies;

10° A report on the governance of elected representatives specifying the number and dates of boards of directors or supervisory boards and general meetings, and the attendance rate of representatives of the shareholder local authority or grouping at each body. This report may include, where appropriate, a summary of the positions taken by these representatives on strategic decisions that have a significant impact on the company, its project or the shareholding local authority and an indication of the positions of these representatives that are not followed in each of these bodies;

11° The fixed, variable and exceptional remuneration and benefits in kind granted to the representatives of the local authority or grouping and to the corporate officers ;

12° The company's financial position, consolidated where applicable, showing sales, operating income and expenses, including payroll costs, profit or loss for the year, shareholders' equity, balance sheet, cash position and level of debt;

13° A breakdown of sales by the company's business segment and, if available, of profits in the same way;

14° For semi-public companies, a breakdown of sales distinguishing between the proportion of business carried out on behalf of shareholders, that carried out on behalf of other public or private persons who are not shareholders, and that relating to own-account operations ;

The information requested under 1° to 14° of this article is provided without prejudice to the information protected by article L. 151-1 of the French Commercial Code or which is of a confidential nature and given as such pursuant, as the case may be, to Article L. 225-37 or article L. 225-92 of that same code.

Where certain information is affected by one of the cases mentioned in the previous paragraph, the report shall mention this and provide information on the point concerned in an appropriate form.