AMF Supplementary Report on Corporate Governance, Executive Compensation and Internal Control - Small and Mid-Cap Companies Referencing the Middlenext Corporate Governance Code of December 2009

The French Financial Markets Authority (AMF) issued Recommendation DOC-2010-15 on December 7, 2010, providing a supplementary report on corporate governance, executive compensation, and internal control for small and mid-cap companies. This document establishes the regulatory doctrine for issuers referencing the Middlenext Corporate Governance Code of December 2009. It outlines the applicable legal framework under the French Commercial Code and serves as a reference for corporate governance standards.

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I - Issuers and Financial Information I. 7 - Corporate Governance and General Meetings I. 7.2 - Corporate Governance Doctrine Governance

AMF Supplementary Report on Corporate Governance, Executive Compensation and Internal Control - Small and Mid-Cap Companies Referencing the Middlenext Corporate Governance Code of December 2009

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Applicable as of December 7, 2010 Recommendation DOC-2010-15

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Articles L.225-37, L.225-68, L225-102-1, L.225-185, L. 225- 197-1, L. 823-19 and L.823-20 of the Commercial Code Legal notices: Publisher: The Director of the AMF Communication Department. Contact: Communication Department, Autorité des marchés financiers - 17, place de la Bourse - 75082 Paris Cedex 02