As an exception to the second paragraph of Article
L. 225-1a société européenne may form a société européenne of which it is the sole shareholder. It is subject to the provisions applicable to the European Company and those relating to the single-member private limited company enacted by
Article L. 223-31.
In this case, the sole shareholder exercises the powers vested in the general meeting.
In the case of a single-member European Company, articles
L. 225-25, L. 225-26,
L. 225-72 and L. 225-73do not apply to directors or members of the supervisory board of this company.

