In order to review the elements of the Management Report, the following thematic table makes it possible to identify the main information provided for by Articles L. 225-100 et seq., L. 22-10-35, L. 22-10-36, L. 232-1 and R. 225-102 et seq. of the French Commercial Code and the specific section of the Management Report on corporate governance pursuant to Articles L. 225‑37, paragraph 6 et seq., L. 22-10-8 et seq. of the French Commercial Code.
| Elements of the 2023 Management Report | References | Pages |
|---|---|---|
| Group situation and activity on 2023 | ||
| Situation of the Company during the previous financial year and objective and exhaustive analysis of the business development, results and financial situation of the Company and the Group, in particular its debt situation, in relation to the volume and complexity of business | Situation of the Company during the previous financial year and objective and exhaustive analysis of the business development, results and financial situation of the Company and the Group, in particular its debt situation, in relation to the volume and complexity of business ReferencesL. 225-100-1, I-1°, L. 232-1, II, L. 233-6 and L. 233-26 of the French Commercial Code |
Situation of the Company during the previous financial year and objective and exhaustive analysis of the business development, results and financial situation of the Company and the Group, in particular its debt situation, in relation to the volume and complexity of business Pages39-46 |
| Key financial performance indicators | Key financial performance indicators ReferencesL. 225-100-1, I-2°of the French Commercial Code |
Key financial performance indicators Pages20-28 |
| Key non-financial performance indicators relating to the Company and the Group’s specific activity | Key non-financial performance indicators relating to the Company and the Group’s specific activity ReferencesL. 225-100-1, I-2°of the French Commercial Code |
Key non-financial performance indicators relating to the Company and the Group’s specific activity Pages20-21, 29, 50-53, 182 - 263 |
| Significant events since the beginning of financial year | Significant events since the beginning of financial year ReferencesL. 232-1, II and L. 233-26 of the French Commercial Code |
Significant events since the beginning of financial year Pages47-49 |
| Company and Group foreseeable trends and outlooks | Company and Group foreseeable trends and outlooks ReferencesL. 232-1, II and L. 233-26 of the French Commercial Code |
Company and Group foreseeable trends and outlooks Pages49 |
| Identity of the main shareholders and voting rights holders in the General Meeting, and modifications during the fiscal year | Identity of the main shareholders and voting rights holders in the General Meeting, and modifications during the fiscal year ReferencesL. 233-13 of the French Commercial Code |
Identity of the main shareholders and voting rights holders in the General Meeting, and modifications during the fiscal year Pages397 |
| Existing branch offices (“succursales”) | Existing branch offices (“succursales”) ReferencesL. 232-1, II of the French Commercial Code |
Existing branch offices (“succursales”) Pages23 |
| Significant acquisitions during the financial year of equity interests in companies which have their registered office in France | Significant acquisitions during the financial year of equity interests in companies which have their registered office in France ReferencesArticle L. 233-6 paragraph 1 of the French Commercial Code |
Significant acquisitions during the financial year of equity interests in companies which have their registered office in France Pages386 |
| Disposal of cross-shareholdings | Disposal of cross-shareholdings ReferencesL. 233-29, L. 233-30 and R. 233- 19 of the French Commercial Code |
Disposal of cross-shareholdings PagesN/A |
| Research and Development activities (and operations) | Research and Development activities (and operations) ReferencesL. 232-1, II and L. 233-26 of the French Commercial Code |
Research and Development activities (and operations) Pages31-39 |
| Table of Company results over the past five fiscal years | Table of Company results over the past five fiscal years ReferencesR. 225-102 of the French Commercial Code |
Table of Company results over the past five fiscal years Pages385 |
| Information on suppliers and customers payment terms | Information on suppliers and customers payment terms ReferencesD. 441-6 of the French Commercial Code |
Information on suppliers and customers payment terms Pages384 |
| Intragroup loans granted and auditors declaration | Intragroup loans granted and auditors declaration ReferencesL. 511-6 and R. 511-2-1-3 of the French Monetary and Financial Code |
Intragroup loans granted and auditors declaration PagesN/A |
| Risks factors, internal control and risk management | ||
| Description of the main risks and uncertainties faced by the Company | Description of the main risks and uncertainties faced by the Company ReferencesL. 225-100-1, I-3° and 4° of the French Commercial Code |
Description of the main risks and uncertainties faced by the Company Pages155-167 |
| Description of the financial risks related to the effects of climate change and of the measures taken by the Company to reduce them through a low-carbon strategy in all components of its business | Description of the financial risks related to the effects of climate change and of the measures taken by the Company to reduce them through a low-carbon strategy in all components of its business ReferencesL. 22-10-35, 1° of the French Commercial Code |
Description of the financial risks related to the effects of climate change and of the measures taken by the Company to reduce them through a low-carbon strategy in all components of its business Pages162-164, 180-187, 190-195, 202-203, 347-348 |
| Internal control and risk management procedures implemented by the Company and the Groupe, related to preparation and processing of financial and accounting information | Internal control and risk management procedures implemented by the Company and the Groupe, related to preparation and processing of financial and accounting information ReferencesL. 22-10-35, 2° of the French Commercial Code |
Internal control and risk management procedures implemented by the Company and the Groupe, related to preparation and processing of financial and accounting information Pages136-137 |
| Information on the objectives and policy regarding the hedging of each main category of transactions and on the exposure to price, credit, liquidity and treasury risks, including the use of financial instruments | Information on the objectives and policy regarding the hedging of each main category of transactions and on the exposure to price, credit, liquidity and treasury risks, including the use of financial instruments ReferencesL. 225-100-1., 4° of the French Commercial Code |
Information on the objectives and policy regarding the hedging of each main category of transactions and on the exposure to price, credit, liquidity and treasury risks, including the use of financial instruments Pages335-340, 167 |
| Anti-corruption policy | Anti-corruption policy ReferencesLaw n° 2016-1691 of 9 December 2016 called “Sapin 2” |
Anti-corruption policy Pages260-261 |
| Vigilance Plan and update on its effective implementation | Vigilance Plan and update on its effective implementation ReferencesL. 225-102-4 of the French Commercial Code |
Vigilance Plan and update on its effective implementation Pages139-155 |
