Supplement to the call requested for 3.9% of the share capital

A group of shareholders, representing 3.9% of the capital of Ercros, has proposed including in the agenda of the meeting a new item to examine and approve, where appropriate, the distribution of a dividend charged to reserves, at a rate of 0.096 gross euros per share.

These shareholders justify their proposal in the amount of Ercros' voluntary reserves, which amounts to 299 million euros and which corresponds to undistributed dividends, mostly, in the last three years.

According to these shareholders, the Capital Companies Law recognizes partners the right to participate in the distribution of corporate profits. They maintain that "the distribution of the dividend is a recognition of the loyalty of the shareholders and that the current shareholders participate immediately in the reserves accumulated for years, before the resolution of the public acquisition offers for the capital of Ercros".