Atream received authorisation from the French Financial Markets Authority (Autorité des Markets Financiers – AMF :17 Place de la Bourse 75002 Paris) under number GP-13000011 on 15 April 2013 and also benefits from accreditation under the AIFM Directive (Directive No. 2011/61/EU)
POLICY FOR EXERCISING VOTING RIGHTS
In accordance with regulations in force, every management company must formalise and publish a procedure relating to the managing directors’ voting rights.
Atream is a portfolio management company authorised by the AMF on 15 April 2013 to provide the investment services of management on behalf of third parties and the collective management of real estate.
Having regard to the above points, Atream does not have the vocation of intervening in speculatively-traded securities (shares or similar placements), and the managed vehicles may only invest in real estate assets and low-risk placements.
For SCPIs, short-term investments are liquid and made in money-market products and deposit certificates.
The managing directors are all authorised to vote, where necessary using proxy powers from one of the legal representatives of the management company. The financial director is not a legal representative of the company but nevertheless benefits from a power of attorney for dealings with the financial institutions acting as custodians for the investments.
In the event that Atream’s management activities change, and require a change in the method of exercising its voting right, the management company undertakes to update its policy on voting rights and make it available to investors. In any event, Atream exercises its voting rights strictly in the interests of unit holders.