AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

. The preferential subscription in the issue of new shares or
debentures convertible into shares.
There shall be no preferential subscription rights in the
cases provided for by Law, and especially when the Board
of Directors issue shares to address the rights of the
holders of debentures, warrants and other securities
convertible into shares.
c. The decision and vote at the General Meetings and the
right to challenge the corporate resolutions. Each share
shall entitle the shareholder to one vote. The Company
may issue shares without voting rights under the conditions
of the Law, and within the limits and requirements
established thereby.
d. The right to information.
Article 9)
The shares are indivisible. The joint owners of a share shall
appoint one person for the exercise of the rights of the
shareholder. In the cases of the usufruct and pledge of shares,
this shall be subject to the provisions of the current legislation.
Article 10)
The issuance and transfer of shares shall meet the conditions
required by the provisions in force concerning book entries.
CHAPTER III. BODIES OF THE COMPANY.
Article 11)
The Annual General Meeting is one body of the company. It is the
supreme governing body in which the Corporate Will is manifested
by majority decision in matters of its competence. The Board of
Directors is another body of the company which has the
responsibility of managing, administrating and representing the
Company and possessing the powers conferred upon it by the
Law and by these Articles of Association.
- A. GENERAL MEETINGS.
Article 12)
The shareholders constituted in a duly convened General Meeting
shall decide, by a majority, on all matters pertaining to the
competence of the General Meeting.
All members, including dissenting members as well as those who
were not present in the meeting, shall be subject to the resolutions
of the General Meeting.
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