Ubisoft 2003 Annual Report Download - page 96

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FINANCIAL REPORT
2004
96
10. Loan to Ubisoft Inc. (US)
Director concerned:
Messrs. Yves, Michel, Gérard, Claude and Christian GUILLEMOT
Nature and purpose: Your company was authorized to grant
current account advances to Ubisoft Inc.
Maximum amount: US $5,900,000, with annual interest
assessed at the USD Libor rate plus 1.3%.
Interest collected over the fiscal year totaled US $47,756.
This agreement was approved at the Board meeting held on
November 17, 2003.
11. Loan to Ubisoft KK (Japan)
Director concerned: Messrs. Yves, Michel and Gérard
GUILLEMOT, as well as Mrs. Yvette GUILLEMOT
Nature and purpose: Your company was authorized to grant
current account advances to Ubisoft KK.
Maximum amount: 30,000,000 yen, with annual interest
assessed at the JPN Libor rate plus 1.3%.
Interest collected over the fiscal year totaled 29,071 yen.
This agreement was approved at the Board meeting held on
December 19, 2003.
12. Loan to Ubisoft Holdings Inc. (US)
Director concerned: Messrs. Yves, Michel, Gérard, Claude
and Christian GUILLEMOT
Nature and purpose: Your company was authorized to grant
current account advances to Ubisoft Holdings Inc.
Maximum amount: US $3,750,000, with annual interest
assessed at the USD Libor rate plus 1.3%.
Interest collected over the fiscal year totaled US $6,287.
This agreement was approved at the Board meeting held on
January 15, 2004.
13. Loan to Ubi Studios SL (Spain)
Administrateur concerné : Mr. Michel GUILLEMOT
Nature and purpose: Your company was authorized to grant
current account advances to Ubi Studios SL.
Maximum amount: K¤8, with annual interest assessed at the
Euribor rate plus 1.3%.
The agreement had no impact during the fiscal year.
This agreement was approved at the Board meeting held on
January 15, 2004.
14. Loan to Ubi Studios SrL (Italy)
Director concerned: Mr. Michel GUILLEMOT
Nature and purpose: Your company was authorized to grant
current account advances to Ubi Studios SrL.
Maximum amount: K¤180, with annual interest assessed at
the Euribor rate plus 1.3%.
The agreement had no impact during the fiscal year.
This agreement was approved at the Board meeting held on
February 20, 2004.
15. Sale of shares in Blue Byte Software Ltd. (UK)
Director concerned:
Messrs. Yves and Christian GUILLEMOT
Nature and purpose: The sale of 100 shares held in Blue Byte
Software Ltd. to Ubisoft Ltd., for the amount of GB £100.
This agreement was approved at the Board meeting held on
September 29, 2003.
16. Sale of shares held in Ubi Studios SAS
Director concerned: Mr. Yves GUILLEMOT
Nature and purpose: The sale of 2,490 shares held in Ubi
Studios SAS to Ubi Research & Development SARL for the
amount of ¤796,800.
This agreement was approved at the Board meeting held on
July 7, 2003.
17. Sale of shares held in UBI SOUND STUDIO
SARL
Director concerned: Mr. Yves GUILLEMOT
Nature and purpose: The sale of 495 shares held in Ubi
Sound Studio SARL to Ubi Game Design SARL for the
amount of ¤79,200.
This agreement was approved at the Board meeting held on
July 7, 2003.
18. Purchase of shares in Gameloft SA
(Euroclear: fr000007960) from Guillemot
Corporation SA
Director concerned: Messrs. Yves, Claude, Michel, Christian
and Gérard GUILLEMOT
Nature and purpose: Authorization to purchase 3,400,000
shares in Gameloft SA from Guillemot Corporation SA for
the amount of K¤5,780.
This agreement was approved at the Board meeting held on
September 15, 2003.