Voting Rights and Method of Calculating Members’ Votes

The Articles of Association of the Organisation do not contain any provisions restricting voting rights. However, they establish a specific method for calculating the number of votes allocated to each member, taking into account their participation in the Organisation’s economic activities. More specifically:

Participation and Voting Rights

Pursuant to Article 32(2) of the Articles of Association, all members of the Organisation are entitled to participate in and vote at General Meetings, in accordance with the specific provisions of the Articles of Association.

Participation and the exercise of voting rights may also take place remotely, by electronic means, provided that the members do not have any conflicts of interest with the Organisation.

Method of Calculating the Number of Votes

Pursuant to Article 35(7) of the Articles of Association, the number of votes allocated to each member is calculated on the basis of that member’s percentage share of the aggregate amounts invoiced to the Organisation by all its members during the two (2) consecutive years immediately preceding the General Meeting.

In the case of members who acquired membership status less than two (2) years prior to the General Meeting, the calculation is based on the corresponding amounts for the preceding year.

In any event, the number of votes allocated to each member shall not be less than ten (10).