Dear ISCAV members

The SAEM GENERAL ASSEMBLY took place on 21/4/2022 in the ANTIBES association hall.

Of approximately 700 ex-lessees summoned by the SAEM, only 10 people were present...and 4 represented.
It is surprising to say the least to note the lack of interest that the shareholders bring to SAEM, and everyone will understand that it is difficult under these conditions to be able to exert an influence on the decisions in progress.

The municipality of ANTIBES, the judicial administrator, the auditor were present.

RESOLUTIONS

Unanimous vote for amicable liquidation effective 7/22/22;
Management report unanimously approved
Appointment of the two friendly liquidators.
Auditor's report approved unanimously.
Three ongoing disputes: SAEM / Tax Administration - SAEM / IYCA - ANTIBES TOWN HALL / IYCA. We are entitled to hope that these procedures could generate gains for SAEM.