SECTION 655

Sums of money used for repayment of shares shall be deducted from profits or from reservesnot provided for in the articles of association. They may not be withdrawn neither from legal reserve nor, unless otherwise decided by the extraordinary general meeting, fromreservesprovided for in the articles of association. P. 180 of 267 Refund of shares shall not have for effectthe reduction of shareholders’ equity to an amount lower than the amount of the stated capital plusnon-distributable reserves by law or by the articles of association.