Universal Registration Document 2019

10 LISI 2019 UNIVERSAL REGISTRATION DOCUMENT General information regarding the Company 1 Shareholders or group of shareholders controlling more than 3% of share capital: The sole activity of CID, 6 rue Juvénal Viellard, CS 70431 Grandvillars, 90008 Belfort Cedex is holding LISI securities. As at December 31, 2019, it held 54.8% of share capital and 65.9% of voting rights. CID’s capital is held in almost equal proportions by three family shareholder groups through family holding companies (KOHLER family through CIKO, PEUGEOT family through FFP Invest, and VIELLARD family through VMC). While family ties exist between shareholders, they are not directly related. At December 31, 2019, the capital of CID broke down as follows: • CIKO for 30%; • VMC for 28%; • FFP Invest for 25%; • others for 17%. ■ The sole activity of CIKO, 6 rue Juvénal Viellard, CS 70431, 90008 Belfort Cedex is holding LISI and CID securities. As at December 31, 2019, it held 0.1% of the share capital and 0.1% of voting rights. At the same date, it held, indirectly, 16.6% of the capital of LISI S.A., i.e. in total 16.7% of the capital. ■ As at December 31, 2019, VMC, a company based at route des Forges 90120 Morvillars, held 5.8% of the capital of LISI and 6.6%of voting rights. At the same date, it held, indirectly, 15.4% of the capital of LISI S.A., i.e. in total 21.1% of the capital. ■ FFP Invest, a company based at 66, avenue Charles de Gaulle 92522 Neuilly sur Seine Cedex, directly owns 5.1% of the share capital and 6.2% of voting rights as of December 31, 2019. At the same date, it held, indirectly, 13.9%of the capital of LISI S.A., i.e. in total 19.0% of the capital. To the Company’s knowledge, no other shareholders hold more than 3% of share capital or voting rights, be it directly or jointly. Shareholders’ agreement - concerted actions There are no Shareholders’ agreements at LISI S.A. level and no shareholders (other than those shown in the table above) declared that they had crossed any thresholds between 3% and 5% as provided for in the bylaws. To the best of LISI’s knowledge, on the date on which this document was drafted, there were no actions in concert, as defined in Articles L.233‑10 and L.233‑11 of the French Commercial Code. Pledging To the Company’s knowledge, no pure registered shares have been pledged as collateral. LISI S.A. shareholding The latest TPI analysis (“Identifiable bearer security”), conducted on February 13, 2017 enabled 4,174 shareholders to be identified. Their breakdown is the following: ■ reference shareholders: 68.1% of the share capital. ■ floating capital: 31.9% of the share capital of which 31.4% corresponding to 3,920 identified shareholders broken down as follows: • French institutional investors: 207 holding 11.6% of the share capital; • international institutional investors: 61 holding 16.8%of the share capital; • French and international individual shareholders: 3,652 holding 1.7% of the share capital; • “LISI enactions” PEG: 1.4%of the share capital (representing 2,644 employee shareholders). LISI S.A. treasury shares As at December 31, 2019, LISI S.A. held 880,256 of its treasury shares, or 1.6% of the share capital. No shares were canceled. Most of these shares are destined to be allocated as performance shares. 6.4  /  Dividend distribution policy – Dividend prescription period The distributable profit is at the disposal of the Shareholders’ General Meeting, which determines its allocation. History of dividends paid per share: Net dividend in € 2015 0.39 2016 0.45 2017 0.48 2018 0.44 2019 (1) 0.46 (1) Proposed by the Board of Directors of February 19, subject to the decision of the Combined General Meeting of April 24, 2020. The dividend payment date was set at May 5, 2020. The timeframe for paying dividends is nine months as of the year-end date. Unclaimed dividends are waived to the State after a period of five years counting from the payment date. Loyalty dividend The Shareholders’ General Meeting held on April 24, 2018, having heard the Board of Directors’ report, decided to introduce the allocation of a loyalty dividend for shareholders into the Company’s bylaws. Therefore, a bonus of 10% is allocated to all shareholders with evidence of being personally registered at the end of the financial year for at least two years and are still registered on the date of payment of the dividend. The number of shares eligible for this bonus may not exceed, for a single shareholder, 0.5% of the Company’s share capital. The first payment of the loyalty dividendwill bemade following the Ordinary General Meeting held to approve the financial statements for the year ending December 31, 2020, i.e. in 2021.