COMMUNIQUÉ RÉGLEMENTÉ

par SOLOCAL (EPA:LOCAL)

Results of the Combined General Meeting held on 19 June 2024

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PRESS RELEASE

Boulogne-Billancourt, 20 June 2024

Results of the Combined General Meeting held on 19 June 2024

Implementation of the share capital reduction motivated by losses, by reducing the nominal value of the shares

 

Solocal Group announces that almost-all resolutions have been approved by a very large majority at the Combined General Meeting (“CGM”) of the shareholders which took place yesterday in Boulogne-Billancourt, under the Presidency of Ghislaine Mattlinger, member of the Board of Directors and Chairwoman of the Audit Committee. 

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During this Combined General Meeting, 815 shareholders took part in the votes on the ordinary resolutions and 817 in the votes on the extraordinary resolutions, representing more than 42.5 million shares and voting rights

Compared to the total amount of shares with exercisable voting rights, i.e. more than 131 million shares, this represents 32.2% of the total number of shares.

All ordinary resolutions were largely approved. Among these resolutions:  ▪         Approval of the 2023 statutory and consolidated financial statements 

▪  Approval of the components of the remuneration paid during or awarded in respect of the financial year ended 31st December 2023 to Philippe Mellier, Hervé Milcent et Cédric Dugardin

▪  Approval of the remuneration policy for the Chairman of the Board of Directors, the Chief Executive Officer and the Directors

▪  Renewal of the term of Marie Christine Levet and Cédric Dugardin as Directors

▪  Appointment of Cabinet de Saint Front as sustainability auditor

With the exception of the 27th resolution relating to the delegation of authority to the Board of Directors to carry out an increase in the share capital reserved for members of an employee saving scheme (that the Board of Directors asked non to adopt), all extraordinary resolutions and in particular all the resolutions required to implement the financial restructuring were approved by more than 97%.

Details about the votes on each of the resolutions is available in the appendix of this document.

The Combined General Meeting is available for replay on the company's website (www.solocal.com - Investisseurs – Financial Publications – General Meetings) or via the link : https://www.solocal.com/en/finance

Implementation of the share capital reduction motivated by losses, by reducing the nominal value of the shares

Following the General Meeting, the Board of Directors decided to reduce the par value of the Company's ordinary shares from €1 to €0.001, in accordance with the resolution 17 approved by the CGM. The Company's share capital now stands at €131,960.654.

 

 

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EN - Solocal - www.solocal.com

Solocal is the digital partner for all local companies in France, from VSEs, to SMBs or Large Companies with networks. Our job; vitalize local life. We strive every day to unveil the full potential of all companies by connecting them to their customers thanks to our innovative digital services. We advise over 253 000 companies all over France and support them to boost their activity thanks to our digital services (Relational Presence, Websites and Digital advertising). We also bring users the best possible digital experience with PagesJaunes, and Ooreka, and our GAFAM* partners. We provide professionals and the public with our high audience services (21M views for PagesJaunes), geolocalised data, scalable technology platforms, unparalleled commercial coverage across France, our privileged partnerships with digital companies and our talents in terms of data, development and digital marketing. Solocal moreover benefits from the "Digital Ad Trust" label. To know more about Solocal (Euronext Paris “LOCAL”): let's keep in touch @solocal *GAFAM : Google, Microsoft/Bing,, Facebook, Apple, Amazon. Committed to a CRS strategy since 2013, Solocal fully endorses the United Nations Sustainable Development Goals. The company is certified bronze by Ecovadis and sylver by Gaia Ethifinance.

Appendix : voting results per resolution  

 

Number of shareholders present, represented or voting by mail

Ordinary resolutions

42 504 663

Extraordinary resolutions

42 504 755

Proportion of capital represented by shareholders present, represented or voting by mail

32.2%

Number of voting shareholders Ordinary resolutions

815

Extraordinary resolutions

817

Resolution

Type

 For

 Against  Abstention

 Total

For %

Against %

1

ORD

    41 761 950

          459 188

          283 525

     42 504 663

98,91%

1,09%

2

ORD

    41 761 950

          543 238

          199 475

     42 504 663

98,72%

1,28%

3

ORD

    41 752 154

          545 449

          207 060

     42 504 663

98,71%

1,29%

4

ORD

    41 753 531

          530 531

          220 600

     42 504 662

98,75%

1,25%

5

ORD

    41 225 067

       1 202 078

            77 518

     42 504 663

97,17%

2,83%

6

ORD

    41 174 269

       1 254 809

            75 585

     42 504 663

97,04%

2,96%

7

ORD

    41 566 588

          862 572

            75 503

     42 504 663

97,97%

2,03%

8

ORD

    41 122 085

       1 258 243

          124 335

     42 504 663

97,03%

2,97%

9

ORD

     41 293 839

       1 102 213

          108 611

     42 504 663

97,40%

2,60%

10

ORD

     41 193 932

       1 179 199

          131 532

     42 504 663

97,22%

2,78%

11

ORD

     41 195 858

       1 185 077

          123 728

     42 504 663

97,20%

2,80%

12

ORD

     41 234 641

       1 170 079

            99 943

     42 504 663

97,24%

2,76%

13

ORD

     41 376 676

          700 792

          427 195

     42 504 663

98,33%

1,67%

14

ORD

     41 689 493

          620 892

          194 278

     42 504 663

98,53%

1,47%

15

ORD

     41 745 571

          475 833

          283 259

     42 504 663

98,87%

1,13%

16

ORD

     41 601 766

          668 374

          234 523

     42 504 663

98,42%

1,58%

17

EXT

     41 577 211

          850 250

            77 294

     42 504 755

98,00%

2,00%

18

EXT

     41 917 917

          515 678

            71 160

     42 504 755

98,78%

1,22%

19

EXT

     41 552 870

          881 027

            70 858

     42 504 755

97,92%

2,08%

20

EXT

     41 550 233

          882 125

            72 397

     42 504 755

97,92%

2,08%

21

EXT

     41 647 110

          696 271

          161 374

     42 504 755

98,36%

1,64%

22

EXT

     41 574 049

          761 997

          168 709

     42 504 755

98,20%

1,80%

23

EXT

     41 558 645

          866 495

            79 615

     42 504 755

97,96%

2,04%

24

EXT

     41 479 652

          885 681

          139 422

     42 504 755

97,91%

2,09%

25

EXT

     41 652 621

          767 638

            84 496

     42 504 755

98,19%

1,81%

26

EXT

     41 608 732

          801 465

            94 558

     42 504 755

98,11%

1,89%

27

EXT

       4 315 193

     38 009 767

          179 795

     42 504 755

10,20%

89,80%

28

EXT

     41 518 389

          762 482

          223 884

     42 504 755

98,20%

1,80%

29

EXT

     41 574 315

          899 615

            30 825

     42 504 755

97,88%

2,12%

30

EXT

     41 802 187

          499 981

          202 587

     42 504 755

98,82%

1,18%

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