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SCOR: SCOR : SCOR's Combined General Meeting adopts all proposed resolutions

^{Published on 2009-04-15 12:02:04, Last Modified on 2009-04-15 12:03:53 - Market Wire}
 

PARIS--(Marketwire - April 15, 2009) - At today's Combined General Meeting of SCOR SE of 15 April 2009, held in Paris-La Défense and chaired by Denis Kessler, all resolutions were approved by a wide margin:

Concerning the ordinary shareholders' meeting

Approval of the annual accounts for the fiscal year ended December 31, 2008 - resolution approved by 95% of the votes;

Allocation of income and determination of the dividend for the fiscal year ended December 31, 2008 - resolution approved by 97.8% of the votes;

Approval of the consolidated accounts for the fiscal year ended December 31, 2008 - resolution approved by 95.4% of the votes;

Approval of the agreements referred to in the Statutory Auditors' special report pursuant to Article L.225-38 of the French Commercial Code - resolution approved by 60.3% of the votes;

Approval of the agreement executed between the Company and Mr. Denis Kessler referred to in the Statutory Auditors' special report pursuant to Article L.225-42-1 of the French Commercial Code - resolution approved by 60.2% of the votes;

Authorization granted to the Board of Directors in order to carry out transactions on the shares of the Company - resolution approved by 95.3% of the votes;

Renewal of the appointment as director of Mr. Carlo Acutis - resolution approved by 97.5% of the votes;

Renewal of the appointment as director of Mr. Daniel Lebègue - resolution approved by 93.6% of the votes;

Renewal of the appointment as director of Mr. André Lévy-Lang - resolution approved by 97.4% of the votes;

Renewal of the appointment as director of Mr. Jean-Claude Seys - resolution approved by 93.3% of the votes;

Renewal of the appointment as director of Mr. Luc Rougé - resolution approved by 97.3% of the votes;

Appointment of Mr. Peter Eckert as director - resolution approved by 97.6% of the votes;

Appointment of Médéric Prévoyance as a new director - resolution approved by 97.5% of the votes;

Renewal of the appointment as board observer (censeur) of Mr. Georges Chodron de Courcel - resolution approved by 95.7% of the votes;

Powers of attorney to carry out formalities - resolution approved by 97.8% of the votes;

Concerning the extraordinary shareholders' meeting

Delegation of authority granted to the Board of Directors in the context of the provisions of Article L. 225-129-2 of the French Commercial Code, for the purpose of deciding upon the incorporation of profits, reserves or premiums into the share capital - resolution approved by 97.8% of the votes;

Delegation of authority granted to the Board of Directors in accordance with the provisions of Article L. 225-129-2 of the French Commercial Code, for the purpose of deciding on the issuance of shares and/or of securities granting access to capital or giving entitlement to a debt instrument, without cancellation of preferential subscription rights - resolution approved by 97.7% of the votes;

Delegation of authority granted to the Board of Directors in accordance with the provisions of Article L. 225-129-2 of the French Commercial Code, for the purpose of deciding on the issuance of shares and/or of securities granting access to capital or giving entitlement to a debt instrument, with cancellation of preferential subscription rights - resolution approved by 89.3% of the votes;

Authorization granted to the Board of Directors for the purpose of increasing the number of shares issued in the event of over-subscription to the share capital increase, with or without cancellation of preferential subscription rights - resolution approved by 86.8% of the votes;

Authorization granted to the Board of Directors for the purpose of the issuance of shares and/or securities granting access to the Company's capital or giving entitlement to a debt instrument, as remuneration for shares contributed to the Company in the context of any public exchange offer launched by the Company or of any contributions in kind within a limit of 10% of the share capital - resolution approved by 90.9% of the votes;

Authorization granted to the Board of Directors for the purpose of the reduction of the share capital by cancellation of treasury shares - resolution approved by 97.7% of the votes;

Authorization granted to the Board of Directors in order to grant options to subscribe to and/or purchase shares in favor of salaried employees and the Company executive corporate officer - resolution approved by 95.5% of the votes;

Authorization granted to the Board of Directors in order to attribute ordinary shares of the Company at no cost to salaried employees and the Company executive corporate officer - resolution approved by 68.8% of the votes;

Delegation of authority to the Board of Directors in order to carry out an increase in share capital by the issuance of shares reserved for the members of savings plans (plans d'épargne), with cancellation of the preferential subscription right to the benefit of such members - resolution approved by 96.6% of the votes;

Aggregate ceilings of the capital increases - resolution approved by 97.6% of the votes;

Powers of attorney for the completion of formalities - resolution approved by 97.8% of the votes.

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2009 Communications Timetable

Payment of dividend 14 May 2009

SCOR Investors' Day 8 July 2009

SCOR 2009 First Half results 30 July 2009

Forward-looking statements

SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n degrees809/2004 of the European Commission. Thus, any forward-.looking statements contained in this communication should not be held as corresponding to such profit forecasts. Information in this communication may include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact. Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could." Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand.

Please refer to SCOR's document de référence filed with the AMF on 5 March 2009 under number D.09-0099 (the "Document de Référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group. As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings.

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