Section 7 : Dissolution of sociétés anonymes.

The early dissolution of the company is pronounced by the Extraordinary General Meeting.

If, as a result of losses recorded in the accounting documents, the company’s shareholders’ equity falls below half of the share capital, the Board of Directors or the Management Board, as the case may be, is required, within four months of the approval of the accounts which showed the loss, to convene an Extraordinary General Meeting to decide whether the company should be wound up early. If the company is…