[AG] Extraordinary general meeting of June 27, 2018

The Joint General Meeting of Shareholders of Heritage And Commerce was held on Wednesday, June 27, 2018 at the group's headquarters in Boulogne-Billancourt, chaired by Eric Duval. The quorum was 68%. All resolutions proposed by the Supervisory Board have been adopted, including:

• The social and consolidated accounts for 2017 have been approved;
• dividend per share was set at 1.15 euro, or 6.5% compared to the dividend paid in fiscal 2016. It will be paid on July 31, 2018;
• The option for the payment of all or part of the dividend in shares has also been adopted;
• shareholders finally approved the renewal of two members of the Supervisory Board for 3 years (Ms Chantal du Rivau, representing Predica, and Mr. Emmanuel Chabas) as well as the renewal of titular and alternate auditors for 6 years.

As a result of this General Assembly, 50% of the members of the Council are women. The rate of independent members is 78%, higher than the recommendations of the MiddleNext Corporate Governance Code. The Supervisory Board is made up of 14 members:

• Christian Louis-Victor (President)
• Ms Lydia Le Clair
• Jean-Hubert Moitry
• Eric Ranjard
• Jean-Michel Boukhers
• Bernard Le Bras, representing Suravenir
• Ms Marie-Noelle Vergely, representing Eurepa Dev SA
• Marianne Robbe, representing BMR Holding
• Ms. Margaux Graff
• Marie Tournier
• Ms Chantal du Rivau, representing Predica
• Emmanuel Chabas
• Pierre-André Perissol
• Ms. Aurélie Tristant

After the General Assembly, Eric Duval, Founder and Managing Director of Wealth Trade, said: "Our shareholders have overwhelmingly endorsed our group's strategy in an ever-hectic economic environment. The option of paying the dividend in shares will strengthen our financial structure and allow us to continue our development. » Independent member The detailed results of the votes will be available on the Heritage and Commerce website from June 29, 2018 in the "General Assemblies" section. Next publication: First half 2018 a^ctivity, Wednesday, July 18, 2018 (after stock exchange) — Heritage – Commerce's combined general shareholders' meeting took place on Wednesday 27 June 2018 at the Group's registered office in Boulogne-Billancourt. The meeting was chaired by Eric Duval. Quorum was established with 68% attendance. All resolutions put forward by the Supervisory Board were adopted, including the following:

• the 2017 parent company and consolidated financial statements were approved;
• the dividend per share was set at €1.15, up 6.5% from the dividend paid for 2016. The dividend will be payable as of 31 July 2018;
• the option to receive all or part of the dividend in the form of shares was also adopted;
• lastly, the shareholders approved the reappointment of two Supervisory Board members for a three-year term (Chantal du Rivau, representative of Predica, and Emmanuel Chabas) and of the regular and alternate statutory auditors for a further six financial years.

Following this general meeting, 50% of the Board members are women. The ratio of independent members is 78%, which is higher than the percentage recommended by the MiddleNext corporate governance code. The Supervisory Board consists of 14 members:

• Christian Louis-Victor (Chairman)
• Lydia Le Clair
• Jean-Hubert Moitry
• Eric Ranjard
• Jean-Michel Boukhers
• Bernard Le Bras, representative of Suravenir
• Marie-Noelle Vergely, representative of Eurepa Dev SA
• Marianne Robbe, representative of BMR Holding
• Graff Margaux
• Marie Tournier
• Chantal du Rivau, representative of Predica
• Emmanuel Chabas
• Pierre-André Perissol
• Aurélie Tristant

At the close of the general meeting, Eric Duval, Heritage – Commerce's founder and managing director, stated: "Our shareholders showed strong support for our Group's strategy in an economic environment that remains turbulent. The option to receive dividends in shares will strengthen our financial structure and allow us to pursue further growth."  Independent member Detailed voting results will be available on the Heritage – Commerce website from 29 June 2018 under the section "General Assemblies" (in English). Next release: H1 2018 business report, Wednesday 18 July 2018 (after close of trading)