Capital amortisation is carried out by virtue of a stipulation in the Articles of Association or a decision of the Extraordinary General Meeting and using distributable sums within the meaning of Article
L. 232-11.This amortisation may only be carried out by means of an equal repayment on each share of the same class and does not result in a reduction in capital.
Shares that have been fully amortised are referred to as "jouissance" shares.

