The terms and amount of the compensation of the chairman of board of directors arefixed by the
board of directors.
Where applicable, benefits in kind offered to him arefixed under the same terms as for
hiscompensation.
Except forwages paid and in kind benefitsaccorded pursuant to an employment agreement,the
chairman of board of directors may receive no compensation from the company other thanas
provided for in this article.
The chairman of the board of directors shall not take part in the vote on his compensation and his
vote shall not be taken into account for the calculation of quorum and majority.
Any decision taken in violation of this article shall be null.
Absence and removal of the chairman of the board of directors
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 139
Section 482 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014