Ubisoft 2001 Annual Report Download - page 88

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88
4.3 Special statutory auditor’s report on
regulated agreements
FINANCIAL YEAR ENDING MARCH 31, 2002
Dear Sir or Madam:
In our capacity as the Statutory Auditors of your company, we hereby present our report on regulated
agreements.
Pursuant to Article L.225-40 of the Commercial Code, we have been advised of the agreements for
which prior authorization was given by your Board of Directors.
It is not our responsibility to look for other agreements that may exist, but to inform you, on the basis
of the information given to us, of the essential features and details of the agreements of which we
have been advised, but without passing judgment on their usefulness and validity.
According to the provisions of Article 92 of the decree of March 23, 1967, it is your responsibility
to assess whether it is in your interests to enter into these agreements before approving them.
We have carried out our work in accordance with accepted professional standards. These standards
require due diligence in order to ascertain that the information provided to us agrees with the basic
documents from which it was derived.
1- AGREEMENTS MADE DURING THE YEAR FOR WHICH PRIOR
AUTHORIZATION WAS GIVEN
1-1 WITH UBI PARTICIPATIONS
■Agreement authorized by the Board of Directors on January 31, 2002.
Acquisition of 89,950 shares in UBI SOFT EDUTAINMENT S.A., for a total of 137,127.89 Euros.
1-2 WITH GAMELOFT FRANCE S.A.
■Agreement authorized by the Board of Directors on August 20, 2001.
Acquisition of all shares comprising the share capital of GAMELOFT S.A. (Lausanne), a company
under Swiss law, for the sum of 24,000 Euros.
1-3 WITH LUDIMEDIA
■Agreement authorized by the Board of Directors on December 31, 2001.
Acquisition of 499 shares of LUDI FACTORY Ldt. for a total of 381,123 Euros.
1-4 WITH UBI SOFT ENTERTAINMENT G.M.B.H.
■Agreement authorized by the Board of Directors on February 22, 2002.
Sale of all the shares of BLUE BYTE SOFTWARE GMBH & CO. KG for a total of 7,089,880 Euros.
1-5 WITH UBI SOFT DIVERTISSEMENT Inc.
■Agreement authorized by the Board of Directors on January 14, 2002.
Loan granted to the subsidiary on January 18,2002 in the amount of CAD 2,000,000 and repaid
at the LIBOR CAD rate plus 1.75% annually. Interest for the exercise amount to 4,964.13 Euros.
The directors involved in the above agreements were: Yves GUILLEMOT, Michel GUILLEMOT, Claude
GUILLEMOT, Gérard GUILLEMOT and Christian GUILLEMOT.