SECTION 156

In the event of non-compliance with the provisions laid down in the preceding article or where, in spite of decisions taken, the auditor notices that the company operations remain in jeopardy, he shall prepare a special reportto be submitted to the next general meeting or, in case of an emergency, tothe general meeting of shareholders that the auditor he calls himselfto submit his findings, after he has unsuccessfully requested the board of directors, the chief executive officer or the general director, as the case may be, to call it, by hand-delivered letter against a receipt or by registeredmail with request for acknowledgement of receipt. Where the auditor callssuch meeting, he shall set the agenda and may, for underlyingreasons, choose a meeting venue other than the one set forth in the articles of association. He shall, in a report presented at the meeting, explain the reasons for callingsuch meeting. If, at the end of the general meeting, the auditor notes that measures to ensure a smooth running of the company operations are inadequate, he shall inform the competent court of his efforts and shall communicate the findings thereof. P. 51 of 267 If, within a period of six (6) months from the date of the conclusion of the alertprocedure, the auditor believes that the company future is still in jeopardy and immediate measures need to be adopted, he may resume his work where he left off when he was convinced that he had solved the inconsistency he uncovered.