4- The size and composition of share capital as regards types of
classes of shares/certificates of shares, intended issues, purchase
of own shares, option plans, aspects of tradeability, and the pre
emption right.
The Company has exclusively ordinary shares. Shares are
issued on a decision of the General Meeting of
Shareholders. On issue of shares every shareholder has
priority rights pro rata with the joint total of their shares.
This priority right may be limited or suspended by decision
of the General Meeting of Shareholders.
Purchase of own shares, other than for no consideration,
may only occur by the Executive Board on authorization of
the General Meeting of Shareholders. Such authorization
is valid for a maximum of 18 months. The General Meeting
of Shareholders determines the number of shares that may
be purchased under the authorization, how they may be
obtained and the relevant price range. The disposal of
purchased shares requires the prior approval of the
General Meeting of Shareholders.
There are no option plans, neither are there any limitations
on the tradeability of the shares.
5. Alteration of the Articles of Association.
Decisions to alter the Articles of Association may be taken
by the General Meeting of Shareholders in a meeting with
at least half of issued share capital represented, and then
exclusively at the proposal of the Supervisory Board or a
proposal by the Executive Board which has been approved
by the Supervisory Board, or on a proposal of one or more
shareholders representing at least half of issued share
capital.
6. Adoption of the annual accounts
The Annual Accounts drafted by the Executive Board are
adopted by the General Meeting of Shareholders.
