40

1

Applies only to individual shareholders who are tax residents in France

2

Shareholders who are tax residents in France must be aware that the

information provided is simply a summary of the rules applicable to them

according to the current tax law and that their specific situation will need

to be examined with their tax advisor

I M P O R T A N T N O T E

Shares held in PEA are not eligible for Deffered Settlement

Operations ( SRD ) . Overdrafts are therefore unauthorized .

• Capital losses on the sale of shares held in a PEA cannot be

offset with capital gains on the sale of shares not held in a PEA ,

except when the PEA is closed .

• The expenses related to the equity savings plan ( particularly

for opening , managing the account ) and transfer have been

capped by decree ( see the public service website :

www . legifrance . gouv . fr )

T H E C O M P A N Y E D I T O R I A L T H E T O T A L E N E R G I E S S H A R ET H E T A X A T I O N S H A R E H O L D E R R E L A T I O N S

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