The ordinary general meeting may grant directors, as compensation for their service,an annual
fixed duty allowance, which it fixes freely.
P. 127 of 267
Directors who are shareholders, may take part in the vote of the meeting and their shares are
taken into account in the calculation of quorum and majority.
Unless otherwise provided by the articles of association, the board of directors shall freely
distribute duty allowances among its members.
The board of directors may grant to the directorswho are members of committees provided for in
article 437 hereinafter, a greater share than that of the other directors.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 126
Section 431 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014