Article 422-226 into force from 21 December 2013 to 21 February 2019

I. - Shareholder information shall be provided, pursuant to the terms of an AMF instruction, in the form of written media:

1. Prior to subscription: the offer document approved by AMF, the subscription form, the articles of association, the most recent annual report and the most recent quarterly bulletin shall be given to future shareholders;

2. The annual report, quarterly bulletins and circulars.

II. - The management company shall send AMF all documents intended for shareholders, without delay. It shall send AMF, as defined by the latter, the following:

1. Within one month of the end of each quarter, the statistical information for that period;

2. Prior to 15 March of each year, the market value and replacement value for the real estate investment company, which must be subject to ratification by the shareholders;

3. Any changes during the course of the year to these values following their ratification by the supervisory board, accompanied by an explanation.