The general meeting which decides on capital increase may, in favor of one or more persons
named or not,cancel the pre-emptive subscription right.
The beneficiaries of this provision shall not take part in the vote under penalty of the decision
being declared null. The quorum and majority required shall be calculated after deduction of the
shares they own.
The issue price or the conditions of fixing this priceare set by the extraordinary general meeting
based on the report of the board of directors and the auditor.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 238
Section 839 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014