Breakdown of share capital

As of December 31, 2015private individual shareholders held 4.9% of the Group’s share capital. Institutional investors owned 53.8% of the share capital, with 8.5% held by French institutions and 45.3% by investors residing outside France.

Among the international institutional investors, North American-based and UK-based shareholders held 23.0% and 10.6% of the share capital, respectively. Continental European investors (excluding France) held 6.4% of the share capital, including notably Norway (1.5%), and Switzerland (1.3%). Shareholders based in the Asia-Pacific region represented 3.7% of the share capital.

Source: Identifiable Bearer Security (Titre au Porteur Identifiable) as of December 31, 2015.