Monthly information relating to the total number of shares and voting rights comprising the share capital

Article L 233-8-II of the Commercial Code and Article 223-16 of the General Regulations
of the Autorité des Marchés Financiers (AMF)

  Total number of outstanding shares Theoretical total number of
voting rights*
Net total
 number of
voting rights
December 31, 2018 77,499,214 95,414,800 ** 95,278,919 **
November 30, 2018 77,499,214 93,554,981 ** 93,410,307 **
October 31, 2018 77,499,214 93,634,990 ** 93,524,024 **

* The theoretical (or gross) number of voting rights is used as the basis for calculating the crossing of thresholds: it includes voting rights stripped from shares that do not have the right to vote (own controlled shares, liquidity contract, etc.)

** Application of law 2014-384 of March 29, 2014 to regain the real economy "Florange law" as of April 3, 2016: registered shares held for more than 2 years acquire the right to double votes.

This information is also available on the BOURBON website "Investors", "Regulated information":