Shareholders

Shareholders belong to the oil industry stakeholders because SAGESS shareholders must market oil products and be approved by the customs office. The following list of shareholders includes major oil companies, large retailers and independent operators:

• ARMORINE (SA)
• BOLLORE ENERGIES (SAS)
• BP France (SA)
• CARFUEL (SAS)
• CIM (SNC)
• DISTRIDYN (SA)
• DYNEFF (SAS)
• Électricité De France
• EGEDIS (SAS)
• ENI France (SARL)
• Esso S.A.F.
• Établissements LAGARDE (SAS)
• Les Combustibles de Normandie (SA)
• PETROPLUS MARKETING France (SAS)
• PETROVEX (SNC)
• PICOTY (SA)
• POITOU CARBURANTS (SAS)
• RUBIS TERMINAL (SA)
• SCA PETROLES ET DERIVES (SAS)
• Société des Pétroles SHELL (SAS)
• SIPLEC (SCCV-SA)
• STELA PRODUITS PETROLIERS (SAS)
• THEVENIN DUCROT DISTRIBUTION (SAS)
• TOTAL RAFFINAGE MARKETING (SA)
• URBAINE DES PETROLES (SAS)
• Établissements WALLACH (SAS)
• ZELLER et CIE (SARL)

A stable shareholder structure

95% of the French strategic reserves obligations is provided by SAGESS shareholders. A strong feature of the company is the stability of its shareholding. Capital allocation is adjusted each year based on the consumption of oil products carried from the preceding year by each shareholder. This annual adjustment mechanism, linked to changes in consumption figures, guarantees the stability of SAGESS shareholders. Furthermore, any transfer of shares requires formal approval by the responsible ministries. As with any public company, SAGESS offers its shareholders deep knowledge in order to fulfill its mission as well as the opportunity to exercise their voting rights at each shareholder meeting.