Ubisoft 2004 Annual Report Download - page 102

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100
UBISOFT > 2005 FINANCIAL REPORT
III - Specific audits and information
In accordance with accepted professional standards in France, we have also carried out the specific audits required by law.
We have no criticisms to make with regard to the accuracy of the information given in the management report prepared by the
Board of Directors or in the documents sent to shareholders concerning the financial situation and annual accounts, or with
regard to its consistency with the annual accounts.
As required by law, we have ascertained that the various information relating to acquisition of equity holdings and control and
to the identity of the holders of share capital was given to you in the management report.
September 2, 2005
By the statutory auditors
KPMG Audit SARL Audit AMLD
Adivision of KPMG SA
Laurent Prévost André Métayer
Partner Partner
1. sale of share held in Ubisoft world studios
Director concerned: : Mr. Yves GUILLEMOT
Nature and purpose: your company has authorized the
sale of 3,999 shares held in Ubisoft World Studios SARL to
Ludimedia SAS (then renamed Ubisoft World Studios SAS)
for the amount of €199,950.
This agreement was approved at the Board meeting held on
April 1, 2004.
2. Purchase of Gameloftshares held by
GUILLEMOT BROTHERS SA
Directors concerned: Messrs. Yves, Michel, Gérard, Claude
et Christian GUILLEMOT
Nature and purpose: your company has authorized the
purchaseof 6,284,876 Gameloftshares held by Guillemot
Brothers SA for a total amount of €18,791,779.24.
This agreement was approved at the Board meeting held on
April 9, 2004.
3. Authorization of commitments made by
Ubisoft EMEA SARL, Ubisoft Inc., Ubisoft
GmbH
Directors concerned: Messrs. Yves, Michel, Gérard, Claude
et Christian GUILLEMOT
Nature and purpose:
lwith regard to Ubisoft Inc.: authorization to guarantee
commitments made with Nintendo of America Inc.,
MicrosoftLicensing Inc. and Sony DiscManufacturing,
companies incorporated under American law, up to a
maximum of €20,000 thousand taken cumulatively with
the guaranteed commitments made to Ubisoft EMEA and
UbisoftGmbH;
Ladies and Gentlemen:
In our capacity as the statutory auditors of your company, we hereby present our report on regulated agreements.
I- Previously authorized agreements signed over the course of the fiscal year
Pursuant to Article L. 225-40 of France's 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, without passing judgment
on their usefulness and validity.
According to the provisions of Article 92 of France's 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.
Special report on regulated agreements
for the fiscal year ending March 31, 2005
3.3