Ubisoft 2002 Annual Report Download - page 106

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2003
106
FINANCIAL
REPORT
FIRST RESOLUTION
(Approval of the Company's financial statements for the
financial year ended March 31, 2003)
The General Meeting,having heard the reading of the Annual
Report of the Board of Directors and the general report of the
Statutory Auditors, hereby approves the Company's financial
statements closed on March 31, 2003, as submitted to the
Meeting, as well as the transactions reflected in the
statements or described in these reports.
SECOND RESOLUTION
(Approval of the consolidated financial statements for the
year ended March 31, 2003)
The General Meeting,having heard the reading of the Annual
Report of the Board of Directors and the general report of the
Statutory Auditors,hereby approves the consolidated financial
statements closed on March 31, 2003, as submitted to the
meeting, as well as the transactions reflected in the
statements or described in the reports.
THIRD RESOLUTION
(Approval of contractual agreements of the types specified in
Articles L225-38 and L225-42 of the French Commercial Code)
The General Meeting, having heard the reading of the special
report of the Statutory Auditors concerning the contractual
agreements of the types specified in Articles L225-38 et seq. of
the French Commercial Code,hereby approves the conclusions
there of.
FOURTH RESOLUTION
(Appropriation of net income for the financial year ended
March 31, 2003)
The General Meeting hereby resolves to apply net income
amounting to €5,900,396.47 as of March 31, 2003 to the
profit and loss account reserve brought forward.
The General Meeting also notes that no dividends have been
paid out during the preceding three financial years.
FIFTH RESOLUTION
(Full and final discharge to be given to the Directors)
The General Meeting hereby gives its full and final discharge
to the Directors for their management during the fiscal year
ended March 31,2003.
SIXTH RESOLUTION (Amended on 08/10/03)
(Appointment of new primary and deputy statutory auditors)
The general meeting, acknowledging the resignation of the
incumbent statutory auditor, the Compagnie Consulaire
d'Expertise Comptable Jean Delquie,represented by Mr.Benoît
Fléchon, and the resignation of the deputy statutory auditor,
Mr. Jacques Le Dorze,hereby appoints in their stead:
The firm, KPMG SA, represented by Mr. Laurent Prevost,
15, rue du Professeur Jean Becker - CS 24227,35042 Rennes Cedex,
France, as the new primary statutory auditor,
as well as:
Mr. Pierre Berthelot, 15, rue du Professeur Jean Becker -
CS 24227, 35042 Rennes Cedex, France, as the new deputy
statutory auditor,
for the outgoing auditors' remaining terms of office, or until
the general meeting held to rule on the accounts for the fiscal
year ending March 31,2007.
SEVENTH RESOLUTION
(Authorization for the Company's purchase and sale of its own
shares)
The General Meeting, ruling under the conditions of quorum
and majority laid down for Ordinary General Meetings, and
having acquainted itself with the report of the Board of
Directors and the prospectus stipulated by the French
Securities and Exchange Commission (Commission
des Opérations de Bourse), hereby authorizes the Board
of Directors, in accordance with the provisions
of Articles L225-209 et seq. of the French Commercial Code,
to trade in its own shares on the stock market.The objectives
of such trading would be, in order of priority, and depending
on the opportunities arising, as follows:
6. Draft resolutions submitted
for approval to the combined
Ordinary and Extraordinary
General Meeting of
September 12, 2003
6.1
Agenda for the Ordinary General Meeting