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In particular, after the end of each half-year, the Supervisory Board will check and control the semi-annual and annual consolidated financial accounts prepared by the Board of Directors. At each Ordinary Annual General Meeting, the Supervisory Board will present a report of its remarks on the management report produced by the Board of Directors, as well as on the consolidated financial accounts for the previous year.

The Supervisory Board is regularly informed by the Managment Board of the group's management targets and their fulfilment (particularly in respect of the annual budget and the investment plan), as well as investment, risk control and human resources management policies and their implementation at the group. The Board of Directors will also bring any unusual situations to it.

The internal rules of Supervisory Board also states its members' obligations as described in the AFEP-MEDEF Code on corporate governance. In particular, the by-laws stipulate that the Supervisory Board's members may request additional training on the special features of the company and of the companies that it controls, their businesses and their business sectors, and may also request information occasionally or hear from members of the Board of Directors or members of the Executive Committee. Finally, it is also stipulated that members of the Supervisory Board will, in general, receive periodic, ongoing information on the company's results, activities and developments.

The internal rules of the Supervisory Board defines the terms and conditions of its meetings. Consequently, Supervisory Board meetings are convened by its chairperson or, in the event of an impediment, by its vice-chairperson, and by any available means, even orally.

However, the chair must convene the Supervisory Board when at least one member of the Board of Directors or at least one third of the members of the Supervisory Board submit a justified written request to do so, within 15 days of receipt of that request. If the request goes unanswered, its author(s) may convene the meeting themselves, providing the agenda for the session.

The Board meets at least once every three months, namely to examine the quarterly report that the Board of Directors must present to it, as needed by the Audit Committee, and to check and control the documents and information communicated by the Board of Directors, and at any other time, when in the company's interest. The frequency and length of the sessions must be such that they enable the examination and in-depth discussion of subjects under the Supervisory Board's responsibility.

The meetings are chaired by the chairperson or, in the event of his/her absence, by the vice-chairperson. In the event of the absence of both the chairperson and the vice-chairperson, they will be chaired by a member of the Supervisory Board designated by the Board. For the purpose of calculating the quorum and the majority of members of the Supervisory Board, members will be considered in attendance who are present through video conferencing or conference call methods that provide for their identification and can guarantee their effective participation, under the conditions set out by application legislation and regulation.

Finally, the by-laws stipulate the methodology for assessing the Supervisory Board's operations. To that end, the Supervisory Board must dedicate a point on its agenda once a year, based on the report of the Nomination and Compensation Committee, to assess its methods of operation. A formal assessment of the Supervisory Board and its committees must be produced at least once every three years, possibly led by an independent member of the Supervisory Board and, as needed, with the assistance of an outside consultant. The annual report informs the shareholders of the results of the assessments and any follow-on actions.