McPhy Energy

McPhy specifies the conditions for the Annual General Meeting of May 20, 2020, issues an update on the impact of the Covid-19 pandemic on its activity and recalls the terms of the exercise of stock warrants - Seite 2

For bearer shareholders, the postal voting or proxy form must be accompanied by the shareholding certificate issued by the approved intermediary who manages the securities account.

The postal voting form is also available in the Shareholders’ Meetings section of the Company’s website (www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/).

Written questions

Given the exceptional circumstances associated with the Covid-19 pandemic, written questions may be sent to the Chairman of the Board of Directors by email at the following address: [e-mail], which is the preferred method, or by recommended letter with acknowledgment of receipt, no later than the fourth business day prior to the date of the AGM, i.e. Thursday, May 14, 2020. They should be accompanied by the shareholding certificate.

Availability of documents relating to the AGM

All the documents relating to this Annual General Meeting are made available to shareholders on the Company’s website (www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/).

Update on the impact of the Covid-19 pandemic on the Group’s activity

As previously announced¹, faced with the Covid-19 pandemic, the Group has taken measures to protect the health of its employees, clients and partners and to uphold its commitments under the best possible conditions.

Thus, in order to take effective action within a rapidly changing context, the Group has implemented business continuity plans across all its sites that are updated according to changes in the situation in each country. The production sites in France and Germany have remained operational with limited on-site resources and strengthened safety conditions. In Italy, operations on the San Miniato site were suspended on March 23 and are gradually resuming.

Within this uncertain context, risks have been identified regarding delays in the execution of the Group’s contracts, notably due to the domino effect of any delays McPhy may see from its suppliers. At this stage, the extent of these delays cannot be accurately quantified, and will depend on the ability of the Group’s suppliers to meet their own commitments, on the length of the restrictions put in place by the various governments, on the extent of the global resumption in activity and on the Group’s ability to make up for the delays.