Ubisoft 2010 Annual Report Download - page 158

*RYHUQDQFHDQG,QWHUQDOFRQWUROSURFHGXUHV



 58/(6$1'35,1&,3/(6$33/,('%<7+(%2$5'2)
',5(&725672'(7(50,1(7+(&203(16$7,21$1'
%(1(),762)$//.,1'6*5$17('72(;(&87,9(
',5(&7256

&RPSHQVDWLRQJUDQWHGWRWKH&KLHI([HFXWLYH2IILFHUDQGWRWKHH[HFXWLYHYLFHSUHVLGHQWVLVVHWE\
WKH%RDUGRI'LUHFWRUVIROORZLQJDSURSRVDOE\WKHFRPSHQVDWLRQFRPPLWWHHZKLFKEDVHVLWVMXGJPHQW
RQFRPSDUDWLYHVWXGLHVRIODUJHILUPVDQGRUFRPSDQLHVRSHUDWLQJLQWKHVDPHEXVLQHVVVHFWRU

,Q FRQVLGHUDWLRQ ± DOEHLW YHU\ SDUWLDO ± RI WKH UHVSRQVLELOLWLHV DVVXPHG DQG DOVR WKH WLPH VSHQW LQ
SUHSDULQJ ERDUG PHHWLQJV DQG DFWLYHO\ SDUWLFLSDWLQJ WKHUHLQ WKH *HQHUDO 0HHWLQJ RI 6HSWHPEHU 
DXWKRUL]HGWKH&RPSDQ\WRSD\GLUHFWRUV¶IHHVDPRXQWLQJWRDPD[LPXPRI¼SHUDQQXP

$WLWVPHHWLQJRI'HFHPEHUWKH%RDUGRI'LUHFWRUVUHVROYHGWRVHWWKHUXOHVIRUDOORFDWLQJWKH
GLUHFWRUV¶IHHVDQGWRDFFRUGLQJO\DPHQGWKHE\ODZV0RUHRYHUWKH%RDUGRI'LUHFWRUVKDVUHVROYHG
XSWRQRZWRXVHRQO\RIWKHRYHUDOODOORZDQFHSURYLGHGE\WKH*HQHUDO0HHWLQJ
([HFXWLYHGLUHFWRUVDUHQRWHQWLWOHGWRDQ\LQGHPQLW\RUEHQHILWVSD\DEOHLQWKHHYHQWWKDWWKH\OHDYH
WKH&RPSDQ\

6LQFHWKHUHVROXWLRQVDGRSWHGE\WKH*HQHUDO6KDUHKROGHUV¶0HHWLQJUHQHZLQJWKHDXWKRUL]DWLRQ
RIWKH%RDUGRI'LUHFWRUVWRJUDQWRSWLRQVWRVXEVFULEHWRDQGRUSXUFKDVHVKDUHVVWLSXODWHVRQWKHRQH
KDQGWKDWWKHQXPEHURIRSWLRQVJUDQWHGWRH[HFXWLYHGLUHFWRUVPD\QRWUHSUHVHQWPRUHWKDQRI
WKHWRWDOQXPEHUDOORFDWHGE\WKHERDUGWKURXJKRXWWKHGXUDWLRQRIWKHDXWKRUL]DWLRQDQGRQWKHRWKHU
KDQG WKDW WKH H[HUFLVH RI VDLG RSWLRQV E\ H[HFXWLYH GLUHFWRUV PXVW EH WLHG LQ ZLWK SHUIRUPDQFH
FRQGLWLRQVWREHPHWZKLFKDUHVHWRXWE\WKH%RDUGRI'LUHFWRUV

3XUVXDQW WR WKH $)(30('() &RGH DQG WKH $0) UHFRPPHQGDWLRQV RI 'HFHPEHU  
LQIRUPDWLRQRQPDQDJHPHQW FRPSHQVDWLRQLVSURYLGHGLQ WKHWDEOHVFRQWDLQHGLQVHFWLRQ RI WKH
PDQDJHPHQWUHSRUW

 6+$5(+2/'(56¶$&&(66$77(1'$1&($1'927,1*$7
*(1(5$/0((7,1*6

$OO VKDUHKROGHUV KDYH WKH ULJKW WR DWWHQG *HQHUDO 0HHWLQJV XQGHU OHJDOO\ SUHVFULEHG FRQGLWLRQV
,QIRUPDWLRQRQDFFHVVDWWHQGDQFHDQGYRWLQJDW*HQHUDO0HHWLQJVDSSHDUVLQ$UWLFOHVDQGRIWKH
&RPSDQ\¶V $UWLFOHV RI $VVRFLDWLRQ ZLWK GHWDLOV LQ VHFWLRQ  RI WKH PDQDJHPHQW UHSRUW 7KLV
LQIRUPDWLRQLVSURYLGHGDJDLQLQWKHQRWLFHRIPHHWLQJWKDWVHUYHVDVDFRQYHQLQJQRWLFHSXEOLVKHGE\
WKH&RPSDQ\EHIRUHDQ\*HQHUDO0HHWLQJV
 38%/,&$7,212)7+(&$3,7$/6758&785($1'0$77(56
/,.(/<72+$9($1,1)/8(1&(,17+((9(172)$38%/,&
2))(5,1*
7KLVUHSRUWUHIHUVWRVHFWLRQRIWKHPDQDJHPHQWUHSRUWWKH\HDUHQGHG0DUFKDVUHJDUGV
WKH SXEOLFDWLRQ RI LQIRUPDWLRQ UHIHUUHG WR LQ $UWLFOH /  RI WKH )UHQFK &RPPHUFLDO &RGH
UHODWLQJWRWKH&RPSDQ\¶V FDSLWDO VWUXFWXUHDQGPDWWHUVWKDWFRXOGKDYHDQLPSDFWLQ WKHHYHQWRI D
SXEOLFRIIHULQJ