Shareholders

Shareholders representing the main players in the oil industry

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 S.A.
• AOT ENERGY FRANCE
• BOLLORE ENERGY
• BP FRANCE
• CARFUEL
• COMPAGNIE INDUSTRIELLE MARITIME - CIM
• CPA
• DISTRIDYN
• DYNEFF
• EG RETAIL FRANCE S.A.S.
• ENI FRANCE
• ESSO S.A.F.
• GINOUVES GEORGES
• KUWAIT PETROLEUM AVIATION FRANCE S.A.S.
• LAGARDE DISTRIBUTION
• LES COMBUSTIBLES DE NORMANDIE
• NAPHTEX
• LOISEAU Pierre-Yves
• PETROPLUS MARKETING FRANCE
• PICOTY S.A.S.
• POITOU CARBURANTS
• RUBIS ENERGIE
• SCA PETROLE ET DERIVES
• SNC AUCHAN ENERGIES
• SOCIETE DES PETROLES SHELL
• SOCIETE D'IMPORTATION LECLERC - SIPLEC
• STEDIS
• THEVENIN DUCROT DISTRIBUTION
• TOTAL MARKETING FRANCE
• URBAINE DES PETROLES - UDP
• VARO ENERGY FRANCE
• WOREX
• ZELLER et CIE

A stable shareholder structure

98% 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.