Commercial court of Paris set November 20, 2017 hearing to examine draft safeguard plan

Paris, France | Nov 6, 2017

During today’s hearing, in order to take into account the extraordinary general meeting of the shareholders of CGG convened on second notice on November 13, 2017, the Commercial Court of Paris decided to postpone to November 20, 2017 the examination of the draft safeguard plan of CGG and the claim filed against it by certain holders of Convertible Bonds. The more detailed indicative timetable of the financial restructuring will be updated as soon as possible following the date on which the Commercial court of Paris announces the date of the judgement.

It is reminded that the vote of the extraordinary general meeting on the resolutions required to implement the financial restructuring plan is a decisive step for the future of the company. It is therefore essential that the shareholders mobilize to participate in the general meeting to be held on November 13, 2017 (in accordance with the terms specified in the second convening notice published in the BALO No. 132 dated November 3, 2017).

The elements relating to the extraordinary general meeting convened on second notice on November 13, 2017 are available on the company’s website via the following link Shareholders Meeting 2017.