SECTION 520

The agenda of the meeting shall be prepared by the party convening the meeting. However, where the meeting is convened by an agent appointed by the court, the agenda shall be prepared by the president of the competent court that appointed him. Also, one or more shareholders may request the inclusion of a draft resolution in the agenda of the general meeting of shareholders where they represent: 1°) 5% of the company’s capital, where such capital is less than one thousand million (1,000,000,000) CFA francs; 2°) 3% of the company’s capital, where such capital is between one thousand million (1,000,000,000) and two thousand million (2000,000,000)CFA francs. 3°) 0.5% of the capital, where the capital is more than two thousand million (2,000,000,000) CFA francs. The request shall include: 1°) the draft resolution together with a short explanatory statement; 2°) proof of ownership or representation of the percentage of capital stipulated in this article; 3°) where the draft resolution concerns the presentation of a candidate for the post of director or managing director, the information stipulated in Article 523 of this Uniform Act.