Slides
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2025 Shareholders’ Meeting 12 JUNE 2025
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS • Highlights and Strategy 2025 Combined Shareholders’ Meeting Contents 01 • Financial Results02 • Sustainability03 • Corporate Governance04 • Statutory Auditors’ Reports05 • Dialogue with Shareholders06 • Vote of Resolutions07
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Highlights and Strategy 01 JACQUES RIOU Managing Partner Managing Partner CLARISSE GOBIN-SWIECZNIK
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 4 01 2024, another year of growth ELECTRICITY PRODUCTION +22% increase in secured asset protfolio STRONG GROWTH IN OPERATING CASH FLOW €665M +18% vs 2023 29TH CONSECUTIVE YEAR OF DIVIDEND GROWTH €2.03 proposed for 2024 +€0.75 exceptional interim dividend ENERGY DISTRIBUTION +5% Volume growth 44 HIGHLIGHTS AND STRATEGY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 5 01 2024, a solid performance Breakdown of our activities across our three geographic zones RNPG 2024 €342M EBITDA 2024 €721M vs target of €675-725M vs target of €340-375M EUROPE 17% of EBITDA 25% of employees AFRICA 31% of EBITDA 45% of employees CARIBBEAN 52% of EBITDA 30% of employees LPG BITUMEN FUELS RENEWABLE ELECTRICITY HIGHLIGHTS AND STRATEGY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 6 01 A key year for sustainability 2011 1st CSR report 2015 Inclusion of CSR criteria in the annual variable compensation of the Managing Partners € 2018 Rubis Integrity Line and comprehensive anti- corruption/sanctions programme 2019 1st complete carbon footprint assessement 2021 Think Tomorrow 2022-2025 CSR Roadmap 2024 1st sustainability report (CSRD) 44% of employees trained in the evolution of our activities Nearly -5% reduction in GHG emissions from our operations since 2019 81% drivers trained in defensive driving (employees and contractors) HIGHLIGHTS AND STRATEGY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 7 01 A long-standing voluntary commitment Two examples of programmes: Rubis Mécénat and our societal actions • Created in 2012 by Rubis Mécénat • More than 500 beneficiaries • Nearly 100 scholarships awarded to access higher education in the arts • Created in 2015 by our subsidiary Galana • More than 300 children attend school each year • More than 100 students helped to secondary school HIGHLIGHTS AND STRATEGY Of Soul and Joy programme at Thokoza, Johannesburg, South Africa Toamasina Primary School, an underprivileged district in Madagascar
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 8 01 Strengthening Governance ● Extension of the Supervisory Board’s prerogatives and powers ● Intensification of its work, with exemplary assiduity ● Evolution in the composition of the Supervisory Board (skills and independence) ● Proposal for the appointment of two new Managing Partners HIGHLIGHTS AND STRATEGY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 9 01 Rubis, distributor of energy and mobility solutions Gas for industry, agriculture, cooking, heating Solar solutions for businesses and local authorities Fuels for mobility and electricity HIGHLIGHTS AND STRATEGY Bitumen for the territorial network A multi-energy, multi-product offering to meet everyday needs
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 10 01 Operational excellence, agility and local presence 99% of employees hired locally, with an in-depth knowledge of the markets Production, transport, storage, distribution: logistics ensure Rubis’ reliability and competitiveness A mindset driven by responsiveness, pragmatism, and controlled growth State-of-the-art logistics Strong local presence Entrepreneurial spirit Energy, mobility, and infrastructure needs addressed to support economic and social development Customised solutions HIGHLIGHTS AND STRATEGY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 11 01 Anticipating major trends in the energy market HIGHLIGHTS AND STRATEGY SUPPORTING THE GROWTH OF GLOBAL ENERGY DEMAND driven by demographics and economic development COPING WITH A CHANGING GEOPOLITICAL ENVIRONMENT influencing market balances ADAPTING TO THE EVOLVING ENERGY MIX and supporting the electrification of uses and growing mobility needs 4
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 12 01 Our strategic pillars HIGHLIGHTS AND STRATEGY MAINTAIN A STRONG ORGANIC GROWTH and continue an external growth strategy through targeted acquisitions and low capital intensity partnerships MAINTAIN HIGH STANDARDS in profitability, risk management, operational efficiency and sound balance sheet PURSUE OUR DEVELOPMENT in new, less carbon-intensive, value-creating activities that complement our current businesses 4 (1) Source: STEPS scenario from the International Energy Agency.
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 13 01 With ambitious sustainability objectives FAITS MARQUANTS ET STRATÉGIE (1) Source: STEPS scenario from the International Energy Agency. DECARBONISATION Decarbonise our most energy-intensive activities (ships, refinery) ETHICS Operate with integrity and responsibility on the basis of our Code of Ethics and anti-corruption programme, with 100% of employees made aware of the rules SECURITY Ensure the safety of our teams, with the aim of achieving operational excellence 4 HIGHLIGHTS AND STRATEGY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 14 01 Africa HIGHLIGHTS AND STRATEGY Supporting growth: +1 billion inhabitants by 2050(1) Challenges • Acceleration of urbanisation • Lack of road infrastructure • Inadequate electricity networks Solutions • 650 service stations built to the highest standards and partnerships to diversify our offerings • Promotion of LPG as a transition energy to replace wood and charcoal • Control of the bitumen supply chain to meet the needs of public works companies • Development of a self-consumption solar energy offer for our business clients LPG FUELS BITUMEN RENEWABLE ELECTRICITY (1) Source: United Nations.
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 15 01 Caribbean Supplying a fragmented and heterogeneous region HIGHLIGHTS AND STRATEGY Challenges • Rising living standards in certain countries such as Guyana and Suriname • Development of tourism, increasing local energy demand and demand in the aviation sector • Inadequate electricity networks Solutions • Deployment of an integrated and flexible supply chain to deliver road, marine, aviation fuels and LPG • Over 400 service stations built to the highest standards and partnerships to diversify our offerings • Development of a self-consumption solar energy offer for our business clients LPG FUELS
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 16 01 Europe Accelerating the energy transition: meet growing electricity needs HIGHLIGHTS AND STRATEGY Challenges • Rebalancing the energy mix in favor of renewable energies • Evolving regulatory framework • Energy sovereignty Solutions • Capitalise on our expertise in large ground-mounted solar parks in France to expand across Europe • Diversify our photovoltaic offer to meet new regulations (rooftop installations on buildings and parking lots, CPPAs, etc.) • Maintain our market share in a stable LPG market by developing our GPL-c offering with partner stations LPG RENEWABLE ELECTRICITY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 17 01 A long-term commitment Continue to ensure controlled, profitable growth for the benefit of sharing performance with our shareholders and stakeholders. HIGHLIGHTS AND STRATEGY
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Financial Results MARC JACQUOT 02 CFO
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 19 02 2024 Key figures A solid performance compared to a record year in 2023 GENERATION OF OPERATING CASH FLOW €665M +18% vs 2023 4 ENERGY DISTRIBUTION VOLUME +5% vs 2023 PHOTOSOL PORTFOLIO OF SECURED PROJECTS +22% vs 2023 NET INCOME, GROUP SHARE €342M Inside the guidance range €340-375m -3% vs 2023 -4% yoy on a comp. basis 4 EBITDA €721M Published guidance 675-725M€ EBIT €504M FINANCIAL RESULTS
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Europe 14% The Caribbean 31% Africa 22% Support & Services 29% Production of renewable electricity 3% 721M€ Retail & Marketing 67% RETAIL & MARKETING (1) As a % of Group EBITDA excluding holding costs. 20 02 Operational Performance 2024 ENERGY DISTRIBUTION RENEWABLE ELECTRICITY PRODUCTION BREAKDOWN OF 2024 EBITDA(1) 4 Volume growth +5% vs 2023 Gross margin +1% SUPPORT & SERVICES EBITDA €223M +1% vs 2023 Secured portfolio 1.1 GW +22% vs 2023 Power EBITDA € 36M Permits submitted in 2024 650 MW FINANCIAL RESULTS
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 993 367 1 360 - 697 168 - 39 248 295 - 124 82 1 292 - 431 861 21 02 Net debt development A healthy balance sheet: maintaining corporate leverage at 1.4x – Strong cash flow generation Corp. NFD(1) as of dec-23 Net non-recourse project debt as of Dec-23 NFD as of Dec-23 Op.CF(3) Taxes & interest paid Change in WC CAPEX Dividend Disposal of Rubis Terminal Other NFD as of Dec-24 Net non-recourse project debt as of Dec-24 Corp. NFD as of Dec-24 1.4x cNFD/ EBITDA(2) 1.8x NFD/ EBITDA(2) 1.9x NFD/ EBITDA(2) 1.4x cNFD/ EBITDA(2) Net debt Dec. 2024Available cash flow(4) €320M FINANCIAL RESULTS (1) Net financial debt. (2) Excluding IFRS 16 – lease obligations. (3) Cash flow from operations = €665m operating cash flow + €70m taxes paid – €39m change in working capital. (4) Available cash flow = Operating cash flow + Investments + Interest paid. In millions of euros
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 22 02 Statutory and consolidated accounts ASSETS 2024 2023 Total non-current assets 4,391 4,247 Current assets excluding cash 1,667 1,510 Cash and cash equivalents 676 590 TOTAL 6,734 6,347 EQUITY AND LIABILITIES 2024 2023 Shareholders’ equity 2,961 2,763 Employee benefits and other provisions 237 179 Financial debt 1,969 1,950 Other current and non current liabilities 1,567 1,455 TOTAL 6,734 6,347 RÉSULTATS FINANCIERS CONSOLIDATED FINANCIAL STATEMENTS SEPARATE FINANCIAL STATEMENTS ASSETS 2024 2023 Fixed assets 1,105 1,427 Current assets 803 472 Cash and cash equivalents 240 233 TOTAL 2,147 2,133 EQUITY AND LIABILITIES 2024 2023 Equity 2,126 2,123 Provisions for contingencies and expenses 1 1 Current liabilities 21 9 TOTAL 2,147 2,133
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS (1) Submitted to approval by this Shareholders’ Meeting: the total amount of the dividend proposed will be €2.78 per share, of which €2.03 for the annual ordinary dividend and €0.75 corresponding to the exceptional interim dividend paid on 8 November 2024. 23 02 Continued growth momentum 0.68 0.75 0.84 0.92 0.98 1.03 1.21 1.34 1.50 1.59 1.75 1.80 1.86 1.92 1.98 2.03 1.03 1.15 1.19 1.46 1.49 1.52 2.03 2.32 2.84 2.63 3.09 2.72 2.86 3.16 3.32 3.30 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Dividend per share (€) Earnings per share (diluted) (€) Change in dividend and earnings per share (1) FINANCIAL RESULTS
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 24 02 2025 Outlook and Q1 activity update A robust group, generating significant cash flows over time 2025 OUTLOOK Q1 2025 Energy Distribution: Volumes and margins up across all geographical areas Renewable Electricity Production: Secured Portfolio: +22% vs end of March 2024 No direct impact identified from tariffs No activity in the United States or China By geographical area EUROPE • Slight growth in LPG • Acceleration in the development of renewable electricity AFRICA • Improvement in service station volumes and margins • Growth in bitumen volumes CARIBBEAN • Stabilisation of activities at a high level FINANCIAL RESULTS At Group level EBITDA between €710M et €760M
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Sustainability SOPHIE PIERSON 03 Group Chief Sustainability, Compliance & Risk Officer
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS ● 10 summary sheets on our key sustainability issues ● In our operations and our value chain ● Our objectives and performances ● Detailed Climate transition plan 26 03 Enhanced transparency in 2024 1st Sustainability Statement Corporate Sustainability Reporting Directive SUSTAINABILITY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 03 Our levers for decarbonising our assets (scopes 1 and 2) 2019 Decrease 2019-2024 2024 Increase in sales and changes in operating conditions SARA decarbonisation Shipping decarbonisation Retail & Marketing decarbonisation Target year 2030 297 -15 282 36 -35,3 -45 -0,4 237 200 220 240 260 280 300 320 340 Scopes 1 & 2 (ktCO2e) -20% emissions in CO2e between 2019 and 2030 A 2030 target that includes • Increased sales of petroleum products in countries with growing needs • SARA's decarbonisation plan (energy efficiency, biofuels, electrification, solarisation) • Shipping's decarbonisation plan (energy efficiency and biofuels) Achieved since 2019: -5% CO2e emissions (scope 1 and 2) with sales up to 10% SUSTAINABILITY 27
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 28 03 Our decarbonisation levers for indirect emissions (scope 3) DIVERSIFYING OUR PRODUCT PORTFOLIO DECARBONISATION OF OUR OUTSOURCED TRANSPORT + low carbon molecules: biofuels sustainable aviation fuels (SAF) + photovoltaic electrons to support the electrification of users Energy Distribution: potential of 100 MWp by 2030 Photovoltaic Electricity Production: already 1 GWp installed capacity in Europe and target of 2,5 GWp secured by 2027 CO2e emissions between 2019 and 2030 biofuels, energy efficiency, fleet developments TARGETED SCOPE 3A(1) -20% Achieved since 2019 CO2e emissions with sales up to 10% -3% SUSTAINABILITY (1) Including outsourced shipping and road transport, business travel and upstream electricity (45% of scope 3A in 2019).
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 29 03 Creating local value is an integral part of Rubis' strategy REDUCING OUR ENVIRONMENTAL FOOTPRINT OFFERING A SAFE AND STIMULATING WORKING ENVIRONMENT ACTING ETHICALLY CONTRIBUTING TO THE DEVELOPMENT OF OUR ECOSYSTEM 99% of employees hired locally • 92% of employees trained in 2024 • 100% of employees benefit from health coverage • -38% reduction in the frequency rate of occupational accidents over 10 years 440 000 beneficiaries of our social engagement towards health and education in 2024 97% of business units involved in these actions in 2024 99% of our employees made aware of our ethics and anti-corruption principles by the end of 2024 -60% in water consumption for the refining activity thanks to the Green Water project in 2024 SUSTAINABILITY
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 30 03 SUSTAINABILITY Supporting societal transitions and evolutions ALIX LAJOIE Chairwoman of Rubis Photosol JEAN-CHRISTIAN BERGERON Chief Executive Officer of Rubis Énergie
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MARC-OLIVIER LAURENT 04 Chairman of the Supervisory Board Corporate Governance Trouver une autre photo
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Marc Jacquot 32 04 Management Board Succession Plan and Composition Proposal to appoint two new Managing Partners (4th and 5th resolutions) Jean-Christian Bergeron INTERNATIONAL FINANCE SECTOR MANAGEMENT ADDITIONAL EXPERTISE EXPERIENCE OUTSIDE THE GROUP KNOWLEDGE OF THE GROUP CORPORATE GOVERNANCE Implementation of the succession process with a dual objective • Keep the Group's entrepreneurial spirit • Ensure complementarity of profiles The Supervisory Board • Has been informed in line with its enhanced role • Has unanimously supported these two appointments
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Composition of the Supervisory Board to date Membre indépendant Marc-Olivier Laurent Chairman Chantal Mazzacurati Alberto Pedrosa Benoît Luc Laure Grimonpret-Tahon Antoine Sautenet Olivier Heckenroth Honorary Chairman Carine VinardiCécile Maisonneuve Michel Delville Isabelle Muller Ronald Sämann CORPORATE GOVERNANCE WomenIndependence rate 92% 11 and 7 exec. sessions 94%42% 83% 98%42% To date vs June 2024 2024 vs 2023 9 including 4 exec. sessions Number of meetings Attendance rate 33
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Composition of the Supervisory Board following the 2025 Shareholders' Meeting Independent member Marc-Olivier Laurent Chairman Antoine Sautenet Alberto Pedrosa Benoît Luc Laure Grimonpret-Tahon Suzana Nutu Olivier Heckenroth Honorary Chairman Carine VinardiCécile Maisonneuve Michel Delville Isabelle Muller Ronald Sämann Subject to appointment/renewal or ratification at the 2025 Shareholders' Meeting * Subject to shareholder vote CORPORATE GOVERNANCE 93% 14 443% 83% 42% Patrick Molis Anne Lauvergeon 34 WomenIndependence rate June 2025* vs June 2024 Members New independent members
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Proposal to renew a Board member (6th resolution) Marc-Olivier Laurent - Chairman of the Supervisory Board Marc-Olivier Laurent (73 years old) - Independent • Served as Head of Investments at the Industrial Development Institute (IDI) (1978-1984). • Headed the M&A, Corporate Finance and Equity division of Crédit Commercial de France (1984-1993). • Joined Rothschild & Co in 1993 as Managing Director, and then Partner. • Until 2022, he was Managing Partner of Rothschild & Co Gestion and Executive Chairman of Rothschild & Co Merchant Banking. • He has stepped down from his operational roles within the Rothschild Group and is currently Chairman of the Supervisory Board of Rothschild & Co. Curriculum vitae OngoingExpired during the last 5 years • Chairman and member of the Supervisory Board of Caravelle. Term of office on the Supervisory Board ● Date of last renewal: 9 June 2022 ● Expiry of term of office: 2025 Shareholders’ Meeting GOVERNANCE MANAGEMENT Expertise LISTED COMPANIES FINANCE, M&A • Managing Partner of Rothschild & Co Gestion SAS (RCOG); • Executive Chairman of Rothschild & Co Merchant Banking; • Member of the Supervisory Board of Arcole Industries; • Chairman and Member of the Board of Directors of Institut Catholique de Paris (ICP). Offices held outside the Group 04
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Proposal to renew a Board member (7th resolution) Cécile Maisonneuve Cécile Maisonneuve (53 years old) - Independent • Began her career in 1997 on the Defence, Law and Foreign Affairs Committees of the French National Assembly. • In 2007, she was responsible for strategic planning and international public affairs at the Areva Group, before taking over as Director of the Energy and Climate Centre at the French Institute of International Relations (IFRI) in 2013. • She joined the Vinci Group in 2015, and headed their urban innovation and planning lab, La Fabrique de la Cité, for six years. • She heads Decysive, a research, advisory and know-how transmittal firm focusing on energy, environmental and geopolitical issues. She is a Senior Fellow of the Institut Montaigne and advisor to the Climate Energy Centre of IFRI. Curriculum vitae GOVERNANCE Offices held outside the Group OngoingExpired during the last 5 years • None. • Member of the Board of Directors of La Française de l’Énergie (listed company); • Member of the Supervisory Board of Global Climate Initiatives. Term of office on the Supervisory Board ● Date of last renewal: 9 June 2022 ● Expiry of term of office: 2025 Shareholders’ Meeting 04 MANAGEMENT GROUP SECTOR Expertise LISTED COMPANIES CSR/CLIMATE RENEWABLES
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Proposal to renew a Board member (8th resolution) Alberto Pedrosa Alberto Pedrosa (71 years old) - Independent • Began his career in Brazil with the Rhône Poulenc group in 1976. • Based in France starting in 1985, Mr Pedrosa held General Management positions carrying international responsibilities at Rhône-Poulenc, Rhodia, Alstom and Renault. • Upon returning to Brazil in 2013, he headed Tereos’s local subsidiary and other sugar companies. • He is currently a company director and consultant. Curriculum vitae GOVERNANCE Offices held outside the Group OngoingExpired during the last 5 years • Member of the International Advisory Board of EDHEC Business School; • Member of the Board of Directors of SNEF Latam Engenharia e Tecnologia SA. • Member of the Americas Advisory Board of Cie Plastic Omnium SE; • Vice-Chairman of the Advisory Board of HPE Automotores do Brasil Ltda. Term of office on the Supervisory Board ● Date of last renewal: 9 June 2022 ● Expiry of term of office: 2025 Shareholders’ Meeting 04 MANAGEMENT HR Expertise LISTED COMPANIES FINANCE, M&A OPERATIONS/IT GROUP SECTOR RENEWABLES
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Proposal to renew a Board member (9th resolution) Carine Vinardi Carine Vinardi (52 years old) - Independent • She began her career in 1997. Having worked in industry, Ms Vinardi has experience in operational management and managing cross-functional positions in different international companies and along the entire value chain. • Until July 2024, she was head of R&D and Operations at the Tarkett Group, which specialises in floor coverings and sports surfaces. Curriculum vitae GOVERNANCE Offices held outside the Group OngoingExpired during the last 5 years • Independent Director, member of the Supervisory Board of Forlam SAS • R&D and Operations EVP of Tarkett (listed company). Term of office on the Supervisory Board ● Date of last renewal: 9 June 2022 ● Expiry of term of office: 2025 Shareholders’ Meeting 04 MANAGEMENT HR Expertise LISTED COMPANIES CSR/CLIMATE OPERATIONS/IT RENEWABLES
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Proposal to ratify the co-option of a member (35th resolution) Antoine Sautenet Antoine Sautenet (46 years old) - Independent ● Currently Sustainable Development Director at Michelin Group, he is responsible for coordinating the social and environmental aspects of the Group’s CSR performance. ● Within the Michelin Group, Antoine Sautenet previously held various positions in charge of public affairs and international trade in North America (representing Michelin in Canada) (2019 to 2022), Asia (Thailand) (2016 to 2019) and Europe (Paris) (2013 to 2016). He was also a project manager at the French Ministry of Foreign Affairs and associate researcher at the Asia Centre of the French Institute of International Relations (IFRI). Curriculum vitae GOVERNANCE Offices held outside the Group Expired during the last 5 years • Chairman of the Climate, Energy and Environment Commission of the International Chamber of Commerce (ICC) France; • Member of the National Council for Development and International Solidarity (CNDSI), Ministry of Foreign Affairs; • Michelin representative on the World Business Council for Sustainable Development (WBCSD) and Entreprises pour l’Environnement (EPE). Ongoing • Vice-Chairman of the Professional Association of Canadian Tire Technicians (TRAC). 04 Term of office on the Supervisory Board ● Date of co-option: 21 May 2025 ● Expiry of term of office: 2027 Shareholders’ Meeting CSR/CLIMATE LISTED COMPANIES Expertise LEGAL/COMPLIANCE HR
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Proposal to appoint a Board member (10th resolution) Suzana Nutu Suzana Nutu (51 years old) - Independent • Began her career in the cement group Lafarge, where she held various positions in finance, treasury and industrial management control. • Since 2011, Suzana Nutu has been working in the field of mergers and acquisitions. She supervised divestment transactions for Lafarge in Latin America (Ecuador, Guyana, Honduras) and the United States, as well as in the Philippines and Nigeria during the merger of Lafarge with Holcim. • Since the end of 2017, she has been Head of Mergers and Acquisitions at Sanofi. Curriculum vitae GOVERNANCE Offices held outside the Group OngoingExpired during the last 5 years • None.• None. 04 FINANCE, M&A LISTED COMPANIES Expertise
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Patrick Molis - Proposed appointment at the request of a shareholder (CNN) Proposal to appoint a Board member (36th resolution) GOVERNANCE Patrick Molis (67 years old) - Independent ● Chairman of Compagnie Nationale de Navigation, Rubis' largest shareholder. ● Graduate of the Institut d'Etudes Politiques de Paris, with a Master’s degree in business law from the University of Paris X Nanterre, former student of ESSEC and the École Nationale de l’Administration (ENA). ● Officer of the National Order of Merit and Knight of the Legion of Honour. Curriculum vitae Offices held outside the Group OngoingExpired during the last 5 years • Chairman- Compagnie Nationale de Navigation; • Director of Telma SAS (since 2022); • Director of Sabena Technics (since 2022); • Director of CMB Tech (company listed on the NYSE) (since 2023); • Director of Golden Ocean (company listed on NYSE) (since 2025); • Director of Arc Holdings (since 2025). • Chairman and Chief Executive Officer of HELI-UNION (from 2013 to 2022). Favourable recommendation from the Supervisory Board LISTED COMPANIES MANAGEMENT HR Expertise FINANCE, M&A Legal/Compliance OPERATIONS/IT GROUP SECTOR
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Anne Lauvergeon - Proposed appointment at the request of a shareholder (CNN) Proposal to appoint a Board member (37th resolution) GOVERNANCE Anne Lauvergeon (65 years old) - Independent ● Former Chairwoman and Chief Executive Officer of Areva NC, from June 1999 to July 2011, and Chairwoman of the Management Board of Areva from July 2001 to June 2011. ● Was a member of the executive committee of Alcatel (1997- 1999), managing partner at Lazard Frères & Cie (1995-1997), special advisor in 1990 for international economics and foreign trade to the President of the French Republic, then from 1991 to 1995, deputy secretary general and sherpa to the President of the French Republic for the organisation of international summits (G7/G8). ● Graduate of the École Normale Supérieure, the École Nationale Supérieure des Mines de Paris and admitted to the agrégation des sciences physics. ● Officer of the National Order of Merit and Officer of the Legion of Honour. Curriculum vitae Offices held outside the Group OngoingExpired during the last 5 years • Co-chair of the Innovation Commission from 2018 to 2023 and member of the Relance Commission in 2020; • Director of SUEZ (2014-2022); • Chairwoman of the Board of Directors of Sigfox (2014-2022); • Chairwoman of the Board of Directors of E- Pango (2021-2024); • Director of EureKARE (2023-2024); • Director of American Express (2013-2021). Favourable recommendation from the Supervisory Board • Chairwoman of A.L.P. (consulting firm Anne Lauvergeon Partners); • Co-chair of the MEDEF Commission on Simplification and State Reform; • Director of Avril. LISTED COMPANIES MANAGEMENT CSR/Climate Expertise FINANCE, M&A HR OPERATIONS/IT RENEWABLES
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS (1) Excluding a company car (only benefit in kind granted to the Managing Partners). 04 Compensation in respect of the 2024 financial year Management Board (11th-14th resolutions) Fixed compensation Variable compensation • Inflation-indexed • Based on financial and non-financial criteria, including CSR criteria • Cap at 50% of fixed compensation €2,593,658 €486,311 (Overall achievement rate of performance criteria: 37.5%) Description Overall amount in respect of the 2024 financial year(1) GOVERNANCE
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Compensation policy in respect of the 2025 financial year Current members of the Management Board - Gilles Gobin, Sorgema, Agena and GR Partenaires (16th resolution) • Fixed compensation unchanged for 2025 (€2,593,658 - to be indexed to inflation*), freely distributed among the current members of the Management Board • Fixed component now defined in the compensation policy following the deletion of Article 54 of the by-laws proposed to this Meeting • Cap at 50% of fixed compensation (unchanged) • Proposed changes to the performance conditions in line with shareholder feedback, and following the results of last year’s Shareholders' Meeting • Company car • Consideration of comments expressed by shareholders following the 2024 Shareholders' Meeting, as well as recommendations of the Compensation, Appointments and Governance Committee and the Audit and CSR Committee • Positive advisory opinion of the Supervisory Board Fixed compensation Variable compensation Benefits GOVERNANCE * Rate of change, during the financial year in question, of the INSEE index of hourly wage rates for workers - Production and distribution of electricity, gas, steam and air conditioning.
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Compensation policy in respect of the 2025 financial year Incentive compensation structure for the two new Managing Partners (17th resolution) • The compensation policy for Mr Bergeron and Mr Jacquot received a positive advisory opinion from the Supervisory Board • Jean-Christian Bergeron: €550,000 - Marc Jacquot: €420,000Fixed compensation Annual variable compensation • Performance conditions identical to those applicable to current members of the Management Board • Cap at 80% of their respective fixed compensation • Introduction of an LTI plan to promote long-term value creation and ensure alignment with shareholder interests • Cap at 100% of their respective fixed compensation • Introduction of rules for holding securities Multi-year variable compensation Severance conditions • 24-month non-compete clause • Compensation in the event of forced departure, subject to a demanding performance condition • Amount capped at twice the annual fixed and variable compensation GOVERNANCE • Company car • Company savings plan without matching contribution • GSC • Supplementary plans • PERO Benefits and Retirement 04
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Annual variable compensation in respect of the 2025 financial year Redefinition of variable compensation Financial criteria (75%) CSR criteria (25%) Relative overall performance of Rubis share (vs SBF 120) Growth in diluted earnings per share Group EBITDA Rubis Photosol’s secured capacities Occupational safety: frequency rate of occupational accidents with lost time >1 day Climate: CO2 emissions 25% 20% 20% 5% 10% 15% WeightingCriteria Rubis Photosol's operating capacity 5% Change in relation to the annual variable compensation for 2024. GOVERNANCE 04
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Compensation in respect of the 2024 financial year Chairman of the Supervisory Board (15th resolution) Attendance rate at meetings of the Supervisory Board, the Audit and CSR Committee and the Compensation, Appointments and Governance Committee of Nils Christian Bergene: 100% No other compensation of any kind awarded in respect of the 2024 financial year FIXED PORTION VARIABLE PORTION TIED TO ATTENDANCE PORTION FOR THE CHAIRMANSHIP OF THE SUPERVISORY BOARD PORTION FOR THE CHAIRMANSHIP OF THE AUDIT AND CSR COMMITTEE TOTAL Nils Christian Bergene Chairman of the Supervisory Board €15,600 €23,400 €18,000 €10,000 €67,000 GOVERNANCE
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Compensation policy in respect of the 2025 financial year Supervisory Board (18th and 19th resolutions) 04 ● Proposed annual budget: €551,750 (vs €330,000 at the Shareholders' Meeting of 11 June 2024) ● Increase due to: Increase in the size of the Supervisory Board Maintaining a competitive compensation level with regard to market practices (study based on a sample of 29 companies listed on the SBF 120 with a capitalisation close to that of Rubis and listed SCAs) Strengthening the missions of the Board and Committees (resulting from the update of the internal regulations in the second half of 2024) Increase in the number of Board and Committee meetings (11 meetings in 2024 compared to 5 meetings in 2023) ● Breakdown among Board members: Compensation policy of the Chairman of the Supervisory Board remains unchanged. Depending on their responsibilities and participation on the Board and Committees Portion for the Chairmanship of the Board and the Chairmanships of the Committees ● Compensation consisting of a fixed portion (40%) and an attendance-related variable portion (60%) Proposed annual budget GOVERNANCE
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS 04 Multi-year variable compensation (30th resolution) Financial criteria (80%) Extra-financial criterion or criteria (20%) Change in TSR (compared to the change in the TSR of the SBF 120) Group EBIT One or more of the most important CSR objectives, such as diversity, social barometer, biodiversity impact study or climate strategy. • More than 2 percentage points higher = 100% • Equal to the performance of SBF 120 = 50% • Below the performance of the SBF 120 = 0% • Straight-line interpolation between 50% and 100% 40% • If Group EBIT growth rate >13% = 100% • If Group EBIT growth rate ≤11% = 0% • Straight-line interpolation between 0% and 100% 40% • Demanding nature(s) and objective(s) to be set in line with the 2026-2030 CSR roadmap to be communicated in the 2025 URD 20% WeightingPerformance conditions Achievement rate . Authorisation to award free performance shares . Maximum volume of 1.50% of share capital . Loyalty and motivation of high-potential executives and senior managers and new talent attraction . Sub-cap of 0.20% for new Managing Partners . The current members of the Management Board are not beneficiaries of these plans . Demanding performance targets . Performance period of 3 years GOVERNANCE
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Financial authorisations submitted to this Meeting Type Type of authorisation Individual ceiling Overall ceiling Duration With preferential subscription rights Capital increase with preferential subscription rights (25th resolution) €38 million (<30% of share capital*) €400 million for debt securities • Overall ceiling (applicable to all capital increase authorisations): 40% (29 th resolution) • Common ceiling for capital increase resolutions without preferential subscription rights: 10% (29 th resolution) 26 months Capital increase in the event of excess demand (“Green shoe”) (26th resolution) 15% of the initial issue Deduction from the individual ceiling of the 25th resolution Without preferential subscription rights Capital increase by incorporation of profits, reserves or premiums (24th resolution) €10 million (i.e., <8% of share capital*) Capital increase through contribution in kind (27 th resolution) €10 million (i.e., <8% of share capital*) Capital increase in the event of a public exchange offer initiated by Rubis (28th resolution) €10 million (i.e., <8% of share capital*) * At 31 March 2025. The delegations and financial authorisations submitted to this Meeting are not applicable during public offerings 04 GOVERNANCE
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Statutory Auditors’ Reports 05 Statutory Auditor PricewaterhouseCoopers Audit CÉDRIC LE GAL
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS ● Report on the annual financial statements ● Report on the consolidated financial statements ● Special report on related-party agreements ● Report on the certification of sustainability information and taxonomy 52 05 Statutory auditors’ reports STATUTORY AUDITORS’ REPORTS Ordinary Shareholders’ Meeting ● 4 reports relating to capital transactions 23rd resolution 25th, 26th, 27th, 28th and 29th resolutions 30th resolution 31st resolution Extraordinary Shareholders’ Meeting
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Report on the annual financial statements of Rubis SCA (1st resolution) ● Pages 433 to 436 of the 2024 Universal Registration Document ● Key audit matter Measurement of investments ● In our opinion, the financial statements give a true and fair view of the assets and liabilities and of the financial position of the Company as at 31 December 2024 and of the results of its operations for the year then ended in accordance with French accounting principles. 53 05 STATUTORY AUDITORS’ REPORTS Ordinary Shareholders’ meeting Statutory auditors’ reports
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Report on the consolidated financial statements (2nd resolution) ● Pages 429 to 432 of the 2024 Universal Registration Document ● Key audit matter Measurement of the recoverable amount of goodwill ● In our opinion, the consolidated financial statements give a true and fair view of the assets and liabilities and of the financi al position of the Group as at 31 December 2024 and of the results of its operations for the year then ended in accordance with International Financial Reporting Standards as adopted by the European union. 54 05 STATUTORY AUDITORS’ REPORTS Ordinary Shareholders’ meeting Statutory auditors’ reports
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Special report on related-party agreements ● Pages 437 to 439 of the 2024 Universal Registration Document ● Agreements authorized and entered into during the financial year ended Amendment No.1 to the transitional services agreement for consolidation, IT resources, compliance and CSR signed on 4 April 2023 with Rubis Photosol SAS Transitional services agreement for consolidation, IT resources, compliance and CSR signed on 4 April 2023 with Rubis Photosol SAS ● Agreements approved whose implementation continued during the past financial year Trademark licence agreement signed on 30 April 2020 with Rubis Terminal SA and Rubis Rubis Terminal Infra SAS Transitional services agreement for consolidation, IT resources, compliance and CSR signed on 4 April 2023 with Rubis Photosol SAS Transitional services agreement for consolidation, IT resources and compliance signed on 30 April 2020 with RT Invest SA 55 05 STATUTORY AUDITORS’ REPORTS Ordinary Shareholders’ meeting Statutory auditors’ reports
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Report on the certification of sustainability information and taxonomy ● Pages 251 to 255 of the 2024 Universal Registration Document ● We have not identified any material errors, omissions or inconsistencies relating to compliance : of the process implemented by Rubis of the sustainability information included in the Sustainability Statement, with the requirements of the French Commercial Code with the requirements of article 8 of EU regulation 56 05 STATUTORY AUDITORS’ REPORTS Ordinary Shareholders’ meeting Statutory auditors’ reports
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2025 Shareholders’ Meeting KEY HIGHLIGHTS AND STRATEGY FINANCIAL RESULTS SUSTAINABILITY CORPORATE GOVERNANCE STATUTORY AUDITORS’ REPORTS ITEM AND DIALOGUE VOTE OF RESOLUTIONS Reports relating to capital transactions ● Capital reduction (23rd resolution) ● Issue of shares and other securities (resolutions 25 to 29) ● Grant of bonus shares, existing or to be issued (30th resolution) ● Capital increase reserved for members of a company savings plan (31st resolution) ● We have no observations to report ● We will issue supplementary reports if and when your Management Board exercises the relating authorisations. 57 05 STATUTORY AUDITORS’ REPORTS Extraordinary Shareholders’ meeting Statutory auditors’ reports
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Dialogue with shareholders 06 Trouver une autre photo
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Voting on resolutions 07 Legal Director EVA CHAUVET
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DISCLAIMER This presentation does not constitute or form part of any offer or solicitation to purchase or to sell Rubis’ securities. Should you need more detailed information on Rubis, please consult the documents filed in France with the Autorité des marchés financiers, which are also available on Rubis’ website (Rubis – Serving the energies of today and tomorrow). This presentation may contain a number of forward-looking statements. Although Rubis considers that these statements are based on reasonable assumptions as at the time of publishing this document, they are by nature subject to risks and contingencies liable to translate into a difference between actual data and the forecasts made or inferred by these statements. Photo credits: Thank you for your attention. @ Gilles Dacquin © Photothèque groupe Rubis