SECTION 538

Any shareholder may be represented by an attorney of his choice. Any shareholder may receive powers from other shareholders to represent them at a general meeting, without any restriction other than those resulting from legal or statutory provisions fixing the number of votes that the same person may have in his own name and as agent. The power of attorney shall bear: 1°) the full names and address as well as the number of shares and the agent’s voting rights; 2°) an indication of the type of meeting for which the power of attorney is given; 3°) the signature of the agent preceded by the indication “Good for power of attorney” and the date of the power of attorney. The power of attorney shall be given for one meeting only. It may however be given for two meetings, one ordinary and the other extraordinary, held on the same day or within a period of seven days. A power of attorney given for a meeting shall be valid for successive meetings convened with the same agenda. Clauses contrary to the provisions of the preceding paragraphs shall be disregarded.