SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, DC 20549

 

 

 

 

 

SCHEDULE 13D

 

(Amendment No. 1)

 

 

(Rule 13d-101)

 

Under the Securities Exchange Act of 1934

CGG

(Name of Issuer)

 

Ordinary Shares

(Title of Class of Securities)

 

12531Q204

(CUSIP Number)

 

Sophie Paquin

Bpifrance Participations S.A.

27-31, avenue du Général Leclerc

94710 Maisons-Alfort Cedex

France

+33 1 53 89 87 89

 

With copy to:

 

Linda A. Hesse

Jones Day

2, rue Saint Florentin

75001 Paris

France

+33 1 56 59 39 39

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

February 2, 2018

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. x

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 



 

CUSIP No.   12531Q204

 

 

1

Name of Reporting Person
Bpifrance Participations S.A.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
WC

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
France

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
536,312 ordinary shares

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
536,312 ordinary shares

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
536,312 ordinary shares

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
2.4% of the ordinary shares

 

 

14

Type of Reporting Person
OO

 

2



 

CUSIP No.   12531Q204

 

 

1

Name of Reporting Person
Caisse des Dépôts

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
WC

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
France

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
536,312 ordinary shares

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
536,312 ordinary shares

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
536,312 ordinary shares

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
2.4% of the ordinary shares

 

 

14

Type of Reporting Person
OO

 

3



 

CUSIP No.   12531Q204

 

 

1

Name of Reporting Person
EPIC Bpifrance

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
WC

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
France

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
536,312 ordinary shares

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
536,312 ordinary shares

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
536,312 ordinary shares

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
2.4% of the ordinary shares

 

 

14

Type of Reporting Person
OO

 

4



 

CUSIP No.   12531Q204

 

 

1

Name of Reporting Person
Bpifrance S.A.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
WC

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
France

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
536,312 ordinary shares

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
536,312 ordinary shares

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
536,312 ordinary shares

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
2.4% of the ordinary shares

 

 

14

Type of Reporting Person
OO

 

5



 

CUSIP No.   12531Q204

 

 

1

Name of Reporting Person
IFP Energies nouvelles

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
WC

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
France

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
107,833 ordinary shares

 

8

Shared Voting Power
0

 

9

Sole Dispositive Power
107,833 ordinary shares

 

10

Shared Dispositive Power
0

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
107,833 ordinary shares

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
0.5% of the ordinary shares

 

 

14

Type of Reporting Person
OO

 

6


 


 

This Amendment No. 1 on Schedule 13D (this “Amendment No. 1”) amends the Statement on Schedule 13D relating to ordinary shares of CGG, a société anonyme incorporated in France (the “Issuer”) filed with the Securities and Exchange Commission (the “SEC”) on May 30, 2017 (the “Schedule 13D”). Capitalized terms used in this Amendment No. 1 but not otherwise defined herein have the meanings given to them in the Schedule 13D.

 

Item 1.Security and Issuer.

 

Item 1 is hereby amended and restated as follows:

 

This Amendment No. 1 relates to the ordinary shares of the Issuer. The Issuer’s principal executive offices are located at Tour Maine Montparnasse, 33 Avenue du Maine, 75015 Paris, France.

 

Item 2.Identity and Background.

 

Item 2 is hereby amended and restated as follows:

 

This Amendment No. 1 is filed jointly by (i) Bpifrance Participations S.A., a société anonyme incorporated under the laws of the Republic of France (“Bpifrance Participations”), (ii) the Caisse des Dépôts, a French special public entity (établissement special) (“CDC”), (iii) EPIC Bpifrance, a French public institution of industrial and commercial nature (“EPIC”), (iv) Bpifrance S.A., and (vii) IFP Energies nouvelles (“IFPEN”). Bpifrance Participations, CDC, EPIC, Bpifrance S.A. and IFPEN are referred to herein collectively as the “Reporting Persons.” The principal address for CDC is 56, rue de Lille, 75007 Paris, France. The principal address for Bpifrance Participations, EPIC and Bpifrance S.A. is 27-31, avenue du Général Leclerc, 94710 Maisons-Alfort Cedex, France. The principal address for IFPEN is 4, avenue du Bois-Préau, 92500 Rueil Malmaison, France.

 

Bpifrance Participations is a French public investment fund specializing in the business of equity financing via direct investments or fund of funds. Bpifrance Participations is a wholly-owned subsidiary of Bpifrance S.A., a French financial institution especially created for this purpose. CDC and EPIC each hold 50% of the share capital of Bpifrance S.A. and jointly control Bpifrance S.A. CDC is principally engaged in the business of long-term investments. EPIC is principally engaged in the business of banking finance.

 

IFPEN is a French public industrial and commercial establishment. IFPEN is a public-sector research, innovation and training center active in the fields of energy, transport and the environment. Its mission is to provide public players and industry with efficient, economical, clean and sustainable technologies to take up the challenges facing society in terms of climate change, energy diversification and water resource management

 

As of the date hereof, Bpifrance Participations holds directly 536,312 ordinary shares and IFPEN holds directly 107,833 ordinary shares. As of the date hereof, none of Bpifrance S.A., CDC or EPIC holds any ordinary shares directly. Bpifrance S.A. may be deemed to be the beneficial owner of 536,312 ordinary shares, indirectly through its sole ownership of Bpifrance Participations. CDC and EPIC may be deemed to be the beneficial owner of 536,312 ordinary shares, indirectly through their joint ownership and control of Bpifrance.

 

Attached as Appendices A, B, C, D and E to Item 2 is information concerning the executive officers and directors of Bpifrance Participations, Bpifrance S.A., CDC, EPIC and IFPEN, respectively, required to be disclosed in response to Item 2 and General Instruction C to Schedule 13D.

 

None of the Reporting Persons, nor, to the best of their knowledge, any of the persons referred to in Appendices A, B, C, D and E to Item 2 has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws.

 

Item 3.Source and Amount of Funds or Other Consideration.

 

Item 3 is hereby amended to add the following:

 

7



 

Bpifrance Participations has sold in the past sixty days an aggregate of 1,533,374 ordinary shares for total consideration of approximately €4,366,182.69. The trading dates, number of ordinary shares sold, price per share and type of transaction for all sales by the Reporting Persons are set forth in Schedule I, and are incorporated herein by reference

 

Item 4.Purpose of Transaction.

 

All of the ordinary shares that are held of record by the Reporting Persons as reported herein were acquired for investment purposes. The Reporting Persons retain the right to change their investment intent, from time to time to acquire additional ordinary shares or other securities of the Issuer, or to sell or otherwise dispose of all or part of the ordinary shares or other securities of the Issuer, if any, beneficially owned by them, in any manner permitted by law. The Reporting Persons may engage from time to time in ordinary course transactions with financial institutions with respect to the securities described herein. In addition, as previously disclosed by the Issuer, Bpifrance Participations has been engaged in discussions with the Issuer on the terms of a financial restructuring plan to address the Issuer’s capital structure constraints.  Bpifrance Participations currently plans to participate in future potential capital increases through the acquisition of certain shares of the Issuer.

 

Except as set forth above, none of the Reporting Persons currently has any plans or proposals which would be related to or would result in any of the matters described in Items 4(a)-(j) of the Instructions to Schedule 13D. However, as part of the ongoing evaluation of investment and investment alternatives, the Reporting Persons may consider such matters and, subject to applicable law, may formulate a plan with respect to such matters, and, from time to time, may hold discussions with or make formal proposals to management or the board of directors of the Issuer or other third parties regarding such matters.

 

Item 5.Interest in Securities of the Issuer.

 

Item 5 is hereby amended and restated as follows:

 

On May 28, 2010, Bpifrance Participations (formerly known as Fonds Stratégique d’Investissements) acquired 9,089,680 ordinary shares and filed a statement on Schedule 13G reporting such ownership on June 11, 2010. In January 2016, Bpifrance Participations subscribed to CGG’s capital increase by exercising 17,992,795 priority subscription rights (5,466,218 of which had been previously purchased from IFPEN) resulting in the acquisition of 53,768,385 new ordinary shares, thus bringing its total ownership to 66,224,962 ordinary shares, representing 9.4% of CGG’s capital. CGG then effected a 32-to-1 reverse stock split in July 2016, which resulted in the ownership by Bpifrance Participations of 2,069,530 shares. Subsequently, director Anne Guerin returned to Bpifrance Participations the 156 shares which were previously held by her, as security holder, bringing Bpifrance Participations’ total ownership to 2,069,686 shares. Beginning in January 2018, Bpifrance Participations sold a total of 1,533,374 shares.  As of February 2, 2018, Bpifrance Participations held 536,312 shares which represents 2.4% of the Issuer’s outstanding common shares.

 

In 2002, IFPEN acquired 1,402,622 ordinary shares. After its subscription, IFPEN transferred 42,000 shares on May 16, 2006, 40,000 shares on June 1, 2007, and 12,500 shares on September 11, 2007. On June 3, 2008, CGG effected a 5-to-1 stock split, and as a result, the number of shares held by IFPEN increased from 1,308,122 to 6,540,610. IFPEN then transferred 134,000 shares on January 19 and 20, 2010 and 60,000 shares on April 15, 2010. These were sold on the regulated market. Upon CGG’s capital increase, in January 2016, IFPEN sold 5,466,218 priority subscription rights to Bpifrance Participations and subscribed to this capital increase via the acquisition of 2,641,176 ordinary shares. On July 20, 2016, CGG effected a 32-to-1 reverse stock split, thus bringing IFPEN’s shareholding to 280,867 shares, representing 1.3% of CGG’s capital.  In January 2018, IFPEN sold 173,234 shares. As of February 2, 2018, IFPEN held 107,833 shares which represents 0.5% of the Issuer’s outstanding common shares.

 

(a) See also the information contained on the cover pages of this Amendment No. 1 which is incorporated herein by reference. The percentage of ordinary shares beneficially owned by each Reporting Person is based on 22,133,149 outstanding ordinary shares of the Issuer as set out in the Issuer’s Report on Form 6-K filed with the Securities and Exchange Commission on November 13, 2017.

 

8



 

(b) See the information contained on the cover pages of this Amendment No. 1, which is incorporated herein by reference.

 

(c) There have been six reportable transactions in the ordinary shares of the Issuer by the Reporting Persons in the past sixty days.  The trading dates, number of ordinary shares sold, price per share and type of transaction for all sales by the Reporting Persons are set forth in Schedule I, and are incorporated herein by reference.  There have been no reportable transactions with respect to the ordinary shares of the Issuer within the last 60 days by the Reporting Persons other than as described in this Amendment No. 1.

 

(d) Not applicable.

 

(e) As a result of the transactions described herein, on February 2, 2018 each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the ordinary shares. The filing of this Amendment No. 1 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons.

 

Item 6.Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

Item 6 is hereby amended and restated as follows:

 

On March 8, 2012, Bpifrance Participations, formerly known as Fonds Stratégique d’Investissement, and IFPEN entered into a shareholders agreement (the “Shareholders Agreement”) providing that, among other things (i) the parties undertake to discuss their respective points of view and try to find a common position on decisions to be voted on at general meetings (although this is nonbinding); (ii) if both parties have representatives on the Board of Directors, they undertake to discuss their respective points of view and try to find a common position on decisions to be voted on at meetings of the Board of Directors (although this is nonbinding); (iii) the parties undertake to notify the other party of any plan to acquire or dispose of shares or subscribe to a share capital increase concerning the Issuer’s shares, or to enter into a shareholder agreement with any third party; (iv) the parties undertake to ensure that any plan mentioned in the foregoing clause (iii) is jointly coordinated with the other party in order to narrow the impact on the market price of the ordinary shares; and (v) the parties undertake not to implement any plan mentioned in the foregoing clause (iii) that would require the other party to initiate a takeover bid of the Issuer’s ordinary shares.

 

As of February 2, 2018, Bpifrance Participations and IFPEN together own less than 5% of the outstanding shares of the Issuer.  Consequently, pursuant to Article 3 of the Shareholders Agreement, it is now void.

 

Item 7.Material to be Filed as Exhibits.

 

99.1.                     Free Translation of Shareholders Agreement, dated March 8, 2012, between Bpifrance Participations, formerly known as Fonds Stratégique d’Investissement, and IFPEN*

 

99.2.                     Joint Filing Agreement dated as of February 8, 2018, by and among the Reporting Persons.

 


* Incorporated by reference to Exhibit 99.1 of Schedule 13D filed on May 30, 2017

 

9



 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 8, 2018

IFP Energies nouvelles

 

 

 

 

 

 

By:

/s/ Eric Lafargue

 

Name:

Eric Lafargue

 

Title:

Executive Vice-President

 

 

 

 

 

Dated: February 8, 2018

Bpifrance Participations S.A.

 

 

 

 

 

 

By:

/s/ Sophie Paquin*

 

Name:

Sophie Paquin

 

Title:

Director of Legal Affairs

 

 

 

 

 

Dated: February 8, 2018

Caisse Des Dépôts

 

 

 

 

 

 

By:

/s/ Joel Prohin**

 

Name:

Joel Prohin

 

Title:

Head of Portfolio Management

 

 

 

 

 

Dated: February 8, 2018

Epic Bpifrance

 

 

 

 

 

 

 

By:

/s/ Sophie Paquin***

 

Name:

Sophie Paquin

 

Title:

Director of Legal Affairs

 

10



 

Dated: February 8, 2018

Bpifrance S.A.

 

 

 

 

 

 

 

By:

/s/ Boubakar Dione****

 

Name:

Boubakar Dione

 

Title:

Group Director of Legal Affairs

 


* Sophie Paquin is signing on behalf of Bpifrance Participations S.A. by power of attorney filed as Exhibit 1 hereto, incorporated herein by reference.

 

** Joel Prohin is signing on behalf of Caisse des Dépôts by executive order from the general manager of Caisse des Dépôts previously filed with the Securities and Exchange Commission on September 7, 2017 as Exhibit 1 to Schedule 13D/A filed by Bpifrance Participations related to Constellium N.V., and hereby incorporated herein by reference.

 

***Sophie Paquin is signing on behalf of EPIC Bpifrance by power of attorney previously filed with the Securities and Exchange Commission on February 14, 2017 as Exhibit 3 to Schedule 13G/A filed by Bpifrance Participations related to Orange S.A., and hereby incorporated herein by reference.

 

****Boubakar Dione is signing on behalf of Bpifrance S.A. by power of attorney previously filed with the Securities and Exchange Commission on September 7, 2017 as Exhibit 2 to Schedule 13D/A filed by Bpifrance Participations related to Constellium N.V., and hereby incorporated herein by reference.

 

11



 

APPENDIX A

 

Name, business address, present principal occupation or employment and place of citizenship of the directors and executive officers of

 

BPIFRANCE PARTICIPATIONS S.A.

 

The name, business address and present principal occupation or employment of each of the directors and executive officers of Bpifrance Participations S.A. are set forth below. The business address of each director and executive officer is Bpifrance Participations S.A., 27-31, avenue du Général Leclerc, 94710 Maisons-Alfort Cedex, France. Unless otherwise indicated, each director and executive officer is a citizen of France.

 

BOARD OF DIRECTORS

 

Name

 

Present Principal Occupation or Employment

 

 

 

NICOLAS DUFOURCQ

 

Director, Chairman, Chief Executive Officer of Bpifrance Participations, and Chief Executive Officer of Bpifrance

 

 

 

VIRGINIE FERNANDES 

 

Director, Head of the Steering Department at Caisse des Dépôts

 

 

 

CATHERINE MAYENOBE

 

Director, Secretary General of the Caisse des Dépôts 

 

 

 

PASCAL FAURE

 

Director, General Director of the General Directorate for Companies of the Ministry of Economy and Finance

 

 

 

FREDERIC SAINT-GEOURS 

 

Director, President of the supervisory board of SNCF

 

 

 

MARTINE GEROW

 

Director, Group Chief Financial Officer, American Express Global Business Travel

 

 

 

FRENCH STATE, represented by CHARLES SARRAZIN

 

Director, in charge of shareholding interests in the Service & Finance sectors, Agence des Participations de l’Etat (French State Shareholding Agency) 

 

 

 

ANNE-HELENE CHANTAL ROIGNAN

 

Director, Director of the Institute of public management and economic development

 

 

 

BARBARA LAVERNOS

 

Director, Executive Vice-President Operations at L’Oreal 

 

12



 

EXECUTIVE OFFICERS

 

Name

 

Present Principal Occupation or Employment

 

 

 

NICOLAS DUFOURCQ

 

Chief Executive Officer

 

 

 

JOSÉ GONZALO

 

Executive Director

 

 

 

PIERRE BENEDETTI

 

Chief Financial Officer 

 

13



 

APPENDIX B

 

Name, business address, present principal occupation or employment and place of citizenship of the directors and executive officers of

 

BPIFRANCE S.A.

 

The name, business address and present principal occupation or employment of each of the directors and executive officers of Bpifrance S.A. are set forth below. The business address of each director and executive officer is Bpifrance S.A., 27-31, avenue du Général Leclerc, 94710 Maisons-Alfort Cedex, France. Unless otherwise indicated, each director and executive officer is a citizen of France.

 

DIRECTORS

 

Name 

 

Present Principal Occupation or Employment 

 

 

 

ERIC LOMBARD

 

Chairman, Chief Executive Officer of the Caisse des Dépôts

 

 

 

NICOLAS DUFOURCQ

 

Director, Chief Executive Officer of Bpifrance and Director, Chairman and Chief Executive Officer of Bpifrance Participations

 

 

 

LOUIS SCHWEITZER

 

Director, Public Investment General Commissioner

 

 

 

MAUD BAILLY-TURCHI

 

Director, Senior Financial Controller with the State Financial Audit Department of the Ministry of Economy and Finance

 

 

 

MARIE, MARGUERITE DUFAY

 

Director, Chairman of the Regional Council of Bourgogne Franche-Comté

 

 

 

MARTIN VIAL

 

Director, Chairman of the Agence des Participations de l’Etat (French State Shareholding Agency)

 

 

 

FLORENCE MAS

 

Director, Regional Director for Normandie at Caisse des Dépôts

 

 

 

ELISABETH HENRY-PEREZ

 

Director representing the employees

 

 

 

ERIC VERKANT

 

Director representing the employees

 

 

 

VIRGINIE CHAPRON-DU JEU

 

Director, Group Finance Director of the Caisse des Dépôts

 

 

 

CLAIRE DUMAS

 

Director, Finance Director of Retail Banking France at Société Générale

 

14



 

CLAIRE CHEREMETINSKI

 

Director, Head of Department of Bilateral and International Matters at the French Treasury (Ministry of Economy and Finance)

 

 

 

HERVE MORIN

 

Director, Chairman of the Regional Council of Normandie

 

 

 

VIRGINIE FERNANDES

 

Director, Head of the Steering Department at Caisse des Dépôts

 

15



 

APPENDIX C

 

Name, business address, present principal occupation or employment and place of citizenship of the directors and executive officers of

 

CAISSE DES DÉPÔTS

 

The name, business address and present principal occupation or employment of each of the members of the Management Committee of Caisse des Dépôts are set forth below. The business address of each director and executive officer is Caisse des Dépôts, c/o 56, rue de Lille, 75007 Paris, France. Unless otherwise indicated, each such person is a citizen of France.

 

MANAGEMENT COMMITTEE

 

Name 

 

Present Principal Occupation or Employment 

 

 

 

ERIC LOMBARD

 

Chief Executive Officer

 

 

 

OLIVIER MAREUSE

 

Savings Fund Director

 

 

 

ANDRE LAURENT MICHELSON

 

General Financial Officer, Head of Financial Transaction Processing, director coordinating the Caisse des Dépôts Group for Greater Paris

 

 

 

SOPHIE QUATREHOMME

 

Group Corporate Communications Director

 

 

 

ELIZABETH VIOLA

 

Banking Services Director

 

 

 

PAUL PENY

 

Group Human Resources Director

 

 

 

ALAIN BEUZELIN

 

Pensions and Solidarity Director

 

 

 

GABRIELLE GAUTHEY

 

Local Development and Investment Director

 

 

 

VIRGINIE CHAPRON-DU JEU

 

Group Finance Director

 

 

 

JEAN MARC MORIN

 

Head of Legal and Tax Department

 

 

 

MARC ABADIE

 

Local Development and Network Director

 

16



 

CATHERINE MAYENOBE

 

Secretary General

 

 

 

LAURENT ZYLBERBERG

 

Director of International and European Relationships

 

17



 

APPENDIX D

 

Name, business address, present principal occupation or employment and place of citizenship of the directors and executive officers of

 

EPIC BPIFRANCE

 

The name, business address and present principal occupation or employment of each of the directors and executive officers of EPIC Bpifrance are set forth below. The business address of each director and executive officer is EPIC Bpifrance, 27-31, avenue du Général Leclerc, 94710 Maisons-Alfort Cedex, France. Unless otherwise indicated, each director and executive officer is a citizen of France.

 

DIRECTORS

 

Name 

 

Present Principal Occupation or Employment 

 

 

 

PIERRE LEPETIT

 

Chairman, Chief Executive Officer of EPIC Bpifrance

 

 

 

FRANCOIS JAMET

 

Director, Head of department SITTAR at the Higher Education, Research and Innovation Ministry

 

 

 

ARNAUD JULLIAN

 

Director, Deputy Director at the General Directorate for Budget of the Ministry of Economy and Finance

 

 

 

SEBASTIEN RASPILLER

 

Director, Deputy Director at the Directorate of Financing, Industry and Market of the Ministry of Economy and Finance

 

 

 

VERONIQUE BARRY

 

Director, Deputy Director at the innovation and entrepreneurship department of the French Ministry of Economy and Finance

 

 

 

JULIEN CABES

 

Director, Investment Manager at the Agence des Participations de l’Etat (French State Shareholding Agency)

 

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APPENDIX E

 

Name, business address, present principal occupation or employment and place of citizenship of the directors and executive officers of

 

IFP ENERGIES NOUVELLES

 

The name, business address and present principal occupation or employment of each of the directors and executive officers of IFP Energies nouvelles are set forth below. The business address of each director and executive officer is IFP Energies nouvelles, 4, avenue du Bois-Préau, 92500 Rueil Malmaison, France. Unless otherwise indicated, each director and executive officer is a citizen of France.

 

BOARD OF DIRECTORS

 

Name

 

Present Principal Occupation or Employment

 

 

 

Didier HOUSSIN

 

Director appointed as qualified personality and Chairman of the Board of Directors

 

 

 

Frank TARRIER

 

Director representing the State, Deputy Director of the Transport Equipment, Machinery and Energy Division at the General Directorate for Enterprise, representing the Minister of Industry

 

 

 

Marie-Solange TISSIER

 

Director representing the State, “Regulation and Resources” Working Group Chair at the High Council for Economy, Industry, Energy and Technology, representing the Minister of Energy

 

 

 

Frédéric RAVEL

 

Director representing the State, Scientific Director of the “Energy, Sustainable Development, Chemistry and Processes” Sector at the Research and Innovation Strategy Service at the General Directorate for Research and Innovation, representing the Minister of Research

 

 

 

Adrien BICHET

 

Director representing the State, Head of the Energy, Stakeholdings, Industry and Innovation bureau at the Budget Directorate, representing the Minister of Budget

 

 

 

Michel CASTAGNE

 

Director representing the employees

 

 

 

Marie VELY

 

Director representing the employees

 

 

 

Philippe SAUQUET

 

Director appointed as qualified personality, President of Total group’s Refining & Chemicals Division

 

19



 

Claude NAHON

 

Director appointed as qualified personality, Sustainable Development Director for the EDF group

 

 

 

Raphael SCHOENTGEN

 

Director appointed as qualified personality, Research and Technology Director for the Engie group

 

 

 

Hélène JACQUOT-GUIMBAL

 

Director appointed as qualified personality, Managing Director of IFSTTAR (French Institute of Sciences and Technology for Transport, Development and Networks)

 

 

 

Hervé LE TREUT

 

Director appointed as qualified personality, Member of the French Academy of Sciences, Director of Research at the CNRS (French National Center for Scientific Research) 

 

 

 

Bruno JARRY

 

Director appointed as qualified personality, Member of the French Academy of Technologies 

 

 

 

Sophie PATURLE GUESNEROT 

 

Director appointed as qualified personality, Managing Partner of Demeter Partners

 

 

 

Carla GOHIN

 

Director appointed as qualified personality, Research, Innovation and advanced Technologies Director for the Groupe PSA 

 

 

 

Gaspar GASTON-ABELLAN

 

Director appointed as qualified personality, Executive Vice-President Engineering for the Renault group 

 

EXECUTIVE OFFICERS

 

Name

 

Present Principal Occupation or Employment

 

 

 

Didier HOUSSIN 

 

Chief Executive Officer 

 

 

 

Eric LAFARGUE 

 

Executive Vice President 

 

 

 

Pierre-Henri BIGEARD 

 

Executive Vice President Research and Innovation 

 

20



 

Schedule I

 

 

 

Transaction
Date

 

Quantity of
Ordinary Shares Sold

 

Price per Ordinary
Share (€)

 

Place of Transaction

 

Bpifrance Participations

 

01/30/18

 

286,370

 

3.0660

 

Euronext

 

Bpifrance Participations

 

01/30/18

 

17,000

 

3.0750

 

Euronext

 

Bpifrance Participations

 

01/31/18

 

398,261

 

2.9000

 

Euronext

 

Bpifrance Participations

 

01/31/18

 

23,924

 

2.8900

 

Euronext

 

Bpifrance Participations

 

02/01/18

 

192,417

 

2.9532

 

Euronext

 

Bpifrance Participations

 

02/02/18

 

615,402

 

2.6707

 

Euronext

 

 

21