The chief executive officer shall chair the board of directors and the general meetings.
P. 136 of 267
He is in charge of the general management of the company and represent it in dealings with third
parties. He is required to provide each director with all documents and information necessary for
the performance of his duties.
For the performance of his duties, he is invested with the broadest powers, which he shall
exercise within the limits of the company purpose, and subject to the powers expressly vested to
the general meetings or specially reserved to the board of directors by the laws or the articles of
association.
In his dealings with third parties, the company is bound by the actions of the chief executive
officer that do not fall within the company purpose under the terms and limits set forth in article
122 above.
Provisions of the articles of association, the proceedings ofthe general meetings or the decisions
of the board of directors limiting the powers of the chief executive office shall not be enforceable
againstbona fide third parties.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 135
Section 465 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014