Article 128 Starting Date: 02/10/2002
Each shareholder shall have the right to attend the meetings of the general assembly and shall have one vote against each share held by him. The decisions shall be taken with absolute majority of the shares represented in the meeting. Minors and interdicted persons shall be represented by their legal representatives. Proxies may attend meetings on behalf of their principals provided that the principals themselves are shareholders. The proxy agreement shall be exclusive and in writing. The shareholder may not request a member of the Board of Directors to represent him in the general assembly meetings. In all cases, the number of shares held by a proxy, in this capacity, shall not exceed 5% of the capital of the company. Notwithstanding the corporate persons, no shareholder, whether in his original capacity or his capacity as a proxy, shall have a number of votes exceeding 25% of the votes specified for shares represented in the meeting.