Amendment of Article 7 of the Articles of Association: identification of shareholders:
| Current version of Article 7 of the Articles of Association | Proposed new version of Article 7 of the Articles of Association |
|---|---|
| Article 7 – Shares | Article 7 – Shares Proposed new version of Article 7 of the Articles of AssociationArticle 7 – Shares |
| The Company is entitled, subject to the legal and statutory requirements in force, to ask at any time, in exchange for remuneration at its expense, the organisation in charge of clearing the securities to indicate, as the case may be, the name or company name, the nationality, the year of birth or year of incorporation and the address of holders of shares which immediately or ultimately confer on them a voting right in its own Shareholders’ Meetings, and the type of securities held by them, and if applicable the restrictions which may apply to the securities. | The Company is entitled, subject to the legal and statutory requirements in force, to ask at any time, in exchange for remuneration at its expense, the organisation in charge of clearing the securities to indicate, as the case may be, the name or company name, the nationality, the year of birth or year of incorporation and the address of holders of shares which immediately or ultimately confer on them a voting right in its own Shareholders’ Meetings, and the type of securities held by them, and if applicable the restrictions which may apply to the securities. Proposed new version of Article 7 of the Articles of AssociationThe Company is entitled, subject to the legal and statutory requirements in force, to ask at any time, in exchange for remuneration at its expense, the organisation in charge of clearing the securities to indicate, as the case may be, the name or company name, the nationality, the year of birth or year of incorporation and the address of holders of shares which immediately or ultimately confer on them a voting right in its own Shareholders’ Meetings, and the type of securities held by them, and if applicable the restrictions which may apply to the securities. |
| […] | […] Proposed new version of Article 7 of the Articles of Association[…] |
The Annual General Meeting, voting with the quorum and majority required for Extraordinary General Meetings, having reviewed the Report of the Board of Directors, hereby amends Article 8 of the Company’s Articles of Association to eliminate mention of the requirement for Directors to own five shares in the Company. The rest of the provisions of Article 8 of the Company’s Articles of Association remain unchanged.
| Current version of Article 8 of the Articles of Association | Proposed new version of Article 8 of the Articles of Association |
|---|---|
| Article 8 – Board of Directors | Article 8 – Board of Directors Proposed new version of Article 8 of the Articles of AssociationArticle 8 – Board of Directors |
| Current version of Article 8 of the Articles of Association The Company is administered by a Board of Directors. The Board of Directors consists of at most eighteen members appointed by the Annual General Meeting. |
Proposed new version of Article 8 of the Articles of Association The Company is administered by a Board of Directors. The Board of Directors consists of at most eighteen members appointed by the Annual General Meeting. |
| Current version of Article 8 of the Articles of Association […] |
Proposed new version of Article 8 of the Articles of Association […] |
| Current version of Article 8 of the Articles of Association Each director appointed by the Annual General Meeting must own five shares in the Company. |
Proposed new version of Article 8 of the Articles of AssociationEach director appointed by the Annual General Meeting must own five shares in the Company. |
This resolution is intended to grant the powers necessary to carry out all formalities resulting from the Annual General Meeting.
The Annual General Meeting grants full powers to the bearer of an original, copy or extract of these minutes to accomplish all legal and administrative formalities, and to make all filings and announcements prescribed by law.
