APC 2015 Annual Report Download - page 274

2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC272
INFORMATION ON THE COMPANY AND ITS CAPITAL
7GENERAL INFORMATION ONTHECOMPANY
This chapter includes the Chairman’s report on the composition, conditions applicable for the preparation and
organization of the work carried out by the board of directors and the internal control and risk management procedures
implemented by the c ompany.
Sections2 (Annual Shareholders’ Meetings and voting rights) and 7, as well as the sections entitled «Governance
Structure », Sections 1, 2, 3, 4, 7 (Group senior management compensation policy and Pension benefi ts and
Compensation of members of the board of directors), 9 and 10 of Chapter 3 constitute the board of directors
Chairman’s report prepared in accordance with articleL.225-68 of the French Commercial Code. They are indicated
with a special mention.
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1. General information
onthec ompany
As a European Company (Societas Europaea) with a board of
directors (since June 18, 2014), domiciled in France, Schneider
Electric SE is governed by European Council Regulation (EC)
No. 2157/2001 of October 8, 2001, governing the statutes of
European Companies (SE Regulation). Issues not covered by
the SE Regulation are governed by the provisions of the French
Commercial Code (Code de commerce) applicable to limited-liability
companies, as well as by their articles of association. The provisions
of the French Commercial Code regarding the management and
governance of public limited-liability companies are applicable to
the SE.
At December 31, 2015, the company’s share capital was
EUR2,354,937,888. Its head offi ce is located at 35, rue Joseph-
Monier, 92500 Rueil-Malmaison, France, telephone: +33
(0)141297000.
Schneider Electric SE is registered with the commercial court
registry of Nanterre under No.542 048 574, APE code (principal
activity code) 7010Z.
The company was incorporated in 1871. It is due to expire on
July1, 2031. It was fi rst called Spie Batignolles, then changed its
name to Schneider SA when it merged with Schneider SA in1995,
and then to Schneider ElectricSA in May1999, before becoming
Schneider Electric SE in 2014.
As stated in article2 of its articles of association, the Company has
the following corporate purpose, directly or indirectly, in any form, in
France and in all other countries:
(i) the design, development and sale of products, equipment and
solutions related to the metering, management and use of energy
in all its forms and delivering reliability, effi ciency and productivity,
in particular through engaging in, whether by creating, acquiring
or otherwise, all activities related to:
–electrical equipment manufacturing, electrical distribution and
secured power supply,
–building control, automation and safety,
–industrial control and automation, including software,
–management of all types of data centers, networks, equipment
and other infrastructure;
(ii) the acquisition, purchase, sale and use of any intellectual and/or
industrial property rights relative to these industries;
(iii) involvement in any way in any enterprise, company or
consortium, whatever the type, undertaking activities related to
the company’s business or such as to encourage its industry
and commerce, and, more generally, all industrial, commercial
and fi nancial, asset and real estate operations related directly or
indirectly in any way to the above objective.
The Company may enter into any transactions that fall within the
scope of its objectives either alone for its own account or on behalf
of third parties, either by having an interest in, or by the purchase,
subscription, contribution or exchange of company shares,
partnership shares and the purchase of any company, irrespective
of type, in pursuance of a similar or related purpose, or that promote
its expansion or development.
The articles of association, minutes of Annual Shareholders’
Meetings, statutory auditors’ reports and other legal documents
concerning the c ompany are available for consultation at the
c ompany’s head offi ce (offi ce of the secretary to the board of
directors) located at 35, rue Joseph-Monier – 92500 Rueil-
Malmaison, France.
The articles of association, regulated information, registration
documents, sustainable development reports, notice of the General
Meeting and other documents are also available on the company’s
website (http://www.schneider-electric.com).