Crossing of threshold by BlackRock at Société Générale

On July 22, 2024, Société Générale published a statement announcing the downward crossing of the 5% threshold of voting rights by BlackRock, Inc. This information was reported by mail on July 19, 2024. BlackRock, acting on behalf of clients and funds under its management, now holds 43,605,649 Société Générale shares, representing 5.43% of the capital and 4.95% of the voting rights.

This threshold crossing follows a reduction in the number of Société Générale shares held as collateral. The management of these voting rights remains under the discretionary control of BlackRock, unless otherwise directed by clients. Among these actions, some are assimilated due to specific contracts such as “contracts for differences” and securities lending.