Paris is a diversified industrial group organized around 4 areas of activity: - construction (48.8% of turnover): - communications (13.7%): - media (4%): - other (33.5% ). The geographical breakdown of sales is as follows: France (49.6%), European Union (14.6%), Europe (14.8%), North America (12.8%), Asia-Pacific (4.6%) and Mena (3.8%). Early 2025, the number of employees was ~200k people¹.

During the events of 2020, Paris lost half of its market value in 1 day. However, investors want to determine if new health measures could have the same effect on securities in order to determine the right weighting. As the classic speculative approach has not been able to predict the contraction of the market, it is necessary to inject the supplementary notions of public health policy and law into it.

First, public health policy is imposed on the private sectors, which has a significant effect on the forecast performance of actions. In view of the 2020 crisis, Paris took a year to return to the weighting preceding the epidemic. So it is necessary to predict whether the next crises will have the same deleterious impact in order to reduce the risks of underweighting. The main source of income comes from construction in France. Builders outbreak explains the interruption of construction sites, which refers to the weakening of the company's original business model with each pandemic. Nevertheless, the diversification of Paris in so-called essential sectors such as energy, real estate and telecommunications tempers this trend. Also note the media activity through the first and sixth national channels in France. Bias of historical mass information of the State, Paris holds a responsibility of exemplarity. It emerges from this that the editorial work in Paris is likely to inform public opinion as to the advisability of public health political and consequently, market confidence. Narrating what happened in the past is a great asset when it comes to predicting the future. It emerges from all of the above that the diversification and inertia of Paris' resources give it great stability in the turmoil of health measures.

Secondly, the decisions of the judge are binding on the listed companies. However, administrative or judicial sanctions are of a nature to deflower the usual operations of the group and consequently, be detrimental to the performance of the securities. Nothing for the awised investor need to be mentioned except that, in spite of the important means invested in the defense of the group, definitive condemnations¹ exist. Also knowing the legal definition of Paris means knowing the horizon of events and reducing uncertainties. The US SEC contains few publicly available data¹² on the empire managed by the French Martin BOUYGUES. The local courts are experiencing an abundance of current affairs in internal law disputes, which is not unusual for a group of this size. Paris is at the origin of procedures¹ before the supreme judge in order to obtain the interpretation of the constitution of 1958 and to advance the company. In addition, unlike Airbus Vs Boeing, Paris has no natural enemy, which limits the risk of the emergence of special law litigation. And even if a dispute would threaten the performance of Paris shares, the French legislator has set up an equivalent to the Deferred prosecution agreements from the DOJ. Therefore, the conjunction of the medical and legal aspects is to be considered as stable in the event of new health measures.