McPhy Energy

Proposed transfer of the listing of McPhy shares on Euronext Growth Paris - Seite 2

Public tenders. In accordance with the provisions of article 231-1 4° of the AMF's General Regulation, the provisions governing public tenders for shares admitted to trading on Euronext Paris will remain applicable for a period of 3 years from the effective date of their admission to trading on Euronext Growth Paris. This means that a public tender will still have to be filed if the threshold of 30% of the share capital or voting rights is exceeded. At the end of this period, McPhy will be subject to the regulation applicable to companies listed on Euronext Growth Paris, and the obligation to file a public offer will apply if the threshold of 50% of the Company's capital or voting rights is upward crossed.

Periodic information

McPhy will publish, within 4 months of the year-end, a report including its annual statutory and consolidated financial statements, a management report (simplified content) and the Statutory auditors' reports.  The Company will also publish a corporate governance report (simplified content).

McPhy will also publish, within 4 months of the end of the first semester, a half-year report including its consolidated financial statements and the related activity report.

McPhy confirms that it will maintain the same level of quality in its financial information as today and will continue to prepare its consolidated financial statements in accordance with IFRS standards.

Permanent information

McPhy will continue to be subject to the provisions governing permanent information, which also apply to companies listed on Euronext Growth Paris.

McPhy will continue to effectively disseminate regulated information and deliver accurate, precise and truthful information, bringing to the public's attention any information likely to have a significant influence on the share price (inside information), in accordance with the provisions of Regulation (EU) No. 596-2014 of April 16, 2014 on market abuse.

In addition, the Company's executives (and persons related to them) will remain subject to the obligation to file any transactions they carry out involving the Company's securities.

Governance

Board composition. The mandatory rules on parity within the Board of Directors set out in Articles L. 225-18-1 and L. 22-10-3 of the French Commercial Code will no longer apply. It should be noted that McPhy could be subject to these parity rules if it exceeds certain thresholds, which is not currently the case.