Being a shareholder
Being a shareholder in Air France-KLM means supporting and participating in an ambitious, innovative and responsible project.
Air France-KLM shareholder structure
The rights of Air France-KLM shareholders
- One share, one voting right; whether it is the Ordinary, Extraordinary or Combined Ordinary and Extraordinary General Shareholders’ Meeting, shareholders actively participate in the life of the company by voting on the different draft resolutions. Any shareholder holding at least one share can take part in the General Shareholders’ Meeting.
- A right to information on the company and its results; this right to information applies ahead of the General Shareholders' Meeting but also on a permanent basis thanks to our various communication tools: press, website, Shareholders' Club.
- A dividend right; the amount is proposed by the Board of Directors and approved at the General Shareholders' Meeting.
Operations in the share capital
In the event that a capital increase is envisaged, the Board of Directors’ policy is, in principle, to prefer the traditional form of capital increase with a maintained preferential subscription right for shareholders. However, there may be specific circumstances in which a waiving of the preferential subscription right for shareholders may prove necessary and in line with their interests.
The different ways of holding Air France-KLM shares
In France and the Netherlands, holding shares in bearer form is the most common method: the purchase and day-to-day management is entrusted to the financial intermediary chosen by the shareholder. This method of holding shares enables the different shares in a portfolio to be regrouped with a single intermediary. The financial intermediary alone knows the identity of the shareholder.
This form of holding shares enables Air France-KLM to identify you and establish a personal relationship.
Air France-KLM shares held in administered registered form are managed by the financial intermediary of your choice. The management of these shares remains assimilated to that of ‘’bearer’’ shares; you can regroup all your shares in the same, single portfolio. With this method of holding shares, your financial intermediary must inform Air France-KLM that your shares are held in administered registered form.
Shares held in direct registered form are recorded in your name in a register maintained by Air France-KLM. This method of holding shares is only available in the French market. For shareholders wishing to hold their shares in direct registered form, Air France-KLM has appointed Société Générale in France to manage this program.
Société Générale contact details:
32, rue du Champ de Tir
44312 Nantes Cedex 3
An ADR (American Depositary Receipt) is a security designed to facilitate the ownership of shares in non-US companies by investors based in the United States. An ADR is quoted in dollars and is traded like any other security.
Air France-KLM ADR:
ISIN of the ADR: US0091191082
This security gives the right to attend the General Shareholders’ Meeting provided that you inform Air France-KLM or Citibank of your intention by the relevant deadline.
ADR holders also receive a dividend in dollars.
Any questions, and particularly those regarding the management of ADR accounts, should be forwarded directly to Citibank at the following address:
Citibank Shareholder Services
P.O. Box 43077
Providence, Rhode Island 02940-3077
Phone (toll free): +1-877-CITI-ADR (248-4237)
International dial: +1-781-575-4555