In order to exercise their voting rights at the General Meeting, members may give a proxy to another member, to their spouse or, if permitted by the Articles of Association, to a third party. Each member has one vote.
Proxies may pass on the powers conferred on them to other proxies or members. The Association’s Articles of Association specify the number of proxies that any one member may hold, up to a limit of 5% of the voting rights.
The Articles of Association may not restrict voting rights to proxies holding a minimum number of proxies.