Vilmorin & Cie - Annual report 2017-2018

6 ANNUAL REPORT Vilmorin & Cie 227 2017-2018 On the dates of the opening and closing of fiscal year 2017-2018 (respectively July 1, 2017 and June 30, 2018), Vilmorin & Cie’s capital stock stood at 317,717,005.50 euros divided up into 20,833,902 shares. 6.2.1.4. Modifications occurring in the breakdown of the capital stock over the course of the last three fiscal years 06.30.16 06.30.17 06.30.18 Number of shares % of capital % of the total number of voting rights Number of shares % of capital % of the total number of voting rights Number of shares % of capital % of the total number of voting rights Groupe Limagrain Holding 13,035,868 62.57 71.95 13,035,883 62.57 71.94 13,035,883 62.57 71.92 Limagrain 1,251,455 6.01 6.82 1,251,455 6.01 6.81 1,251,455 6.01 6.81 Sélia 1,081,550 5.19 5.91 1,081,550 5.19 5.91 1,081,550 5.19 5.91 Treasury shares 9,314 0.04 - 8,153 0.04 - 5,877 0.03 - Groupe Limagrain 15,378,187 73.81 84.67 15,377,041 73.81 84.66 15,374,765 73.80 84.64 Public and various 5,455,715 26.19 15.33 5,456,861 26.19 15.34 5,459,137 26.20 15.36 Total 20,833,902 100.00 100.00 20,833,902 100.00 100.00 20,833,902 100.00 100.00 6.2.2. Notification of crossing the threshold Any physical or moral person, acting alone or with others, who goes above, or back under, the threshold of 3% of the capital stock or voting rights or any multiple of this percentage, is required to inform the Company (decision of the General Meeting of July 22, 1993). The conditions under which the Company should be informed are laid down in article 12 of the by-laws. If such conditions are not respected, any shares above this threshold and which should have been declared, are deprived of voting rights under conditions laid down by the law, if one or several holders of shares to the value of 5% or more of the capital stock so request in the minutes of the General Meeting. At the same time, and with the aim of monitoring the composition of its Shareholders, the Company is authorized to make full use of legal recommendations for the identification of holders of shares which grant immediate or subsequent voting rights in its Shareholders’ meetings. On December 13, 2016, the Caisse des Dépôts et Consignations declared that it had crossed under the legal threshold of 5% of the voting rights, and the threshold in the by-laws of 9% of the capital stock, and held directly and indirectly through CDC Entreprises Valeurs Moyennes and Bpifrance Participations SA, 1,273,622 shares and voting rights, which is 6.11% of the Company’s capital stock and 3.60% of its voting rights. No further declaration has been brought to the attention of Vilmorin & Cie. 6.2.3. Financial authorizations granted by the Annual General Meeting of December 8, 2017 In order to provide Vilmorin & Cie with the necessary means to ensure its future development, particularly internationally, the Annual General Meeting of December 8, 2017 authorized the Board of Directors: to issue bonds or other assimilated debt securities (twelfth resolution), to issue, with or without pre-emptive subscription rights, shares and/or securities providing access immediately and/or when due, to company shares or to shares in a company in which it directly or indirectly holds more than half the capital stock, or debt securities (sixteenth and seventeenth resolutions). The Annual General Meeting of December 8, 2017 also authorized the Board of Directors to issue, without pre-emptive subscription rights, ordinary shares and/or securities providing access immediately or when due, to company shares or shares in a company in which it directly or indirectly holds more than half the capital stock, private placement (eighteenth resolution). The total nominal amount of these issues may not exceed 500 million euros, as presented in the nineteenth resolution. 6.2. Capital stock and Shareholders Vilmorin & Cie and its SHAREHOLDERS