Subsection 3: Financial documentation and statistical information.

Prior to the issue, the issuer of negotiable debt securities files financial documentation with the Banque de France, which includes:

1° A presentation of the issue programme(s) containing the information set by order of the Minister responsible for the economy;

2° A presentation of the issuer's legal and financial position;

3° The documents made available to the General Meeting of Shareholders, or the body acting in its stead, relating to the last two financial years, including in particular the annual financial statements and, where applicable, the consolidated financial statements, the reports of the Board of Directors or the Management Board and the Supervisory Board, as applicable, and the reports of the statutory auditors, or the persons acting in their stead, on the fairness of the accounting information given. These documents are incorporated by reference or inserted directly into the financial documentation.

The consolidated accounting data, or where there is no consolidated accounting data, the social data, are drawn up in accordance with international financial reporting standards, accounting standards recognised as equivalent by the European Commission, local accounting standards of the countries of the European Economic Area or French accounting standards.

In addition, where the issuer has its registered office outside the European Economic Area, it has accounting data subject to a statutory audit whose system of public oversight is recognised as equivalent by the European Commission.

Where the issuer is a group treasury management company, the same information is provided for the group as a whole on the basis of the consolidated accounts of the consolidating company;

4° A statement from the natural persons, indicating their identity and their position in the company, or from the legal entities, indicating their name and registered office, who are responsible for the financial documentation and certify that, to the best of their knowledge, the information provided by the issuer is accurate and precise and that it does not contain any omissions likely to alter its scope or any false or misleading information.

The Banque de France may request any additional information from the issuer.