Paragraph 3: Amendment of the Articles of Association.

The number of shareholders may be increased during the life of the company, with or without an increase in the share capital.

If the constitution of reserves or the release of capital gains so permit, the share capital is periodically increased. The shares created in this way are allocated to the members, including those who have contributed only their industry, in accordance with the conditions set out in the second paragraph of article R. 6223-25 for the distribution of profits. This increase in capital may not take place before the shares corresponding…

An original or a copy of the instrument amending the Articles of Association is filed by one of the legal representatives with the Trade and Companies Register in which the company is registered. Until this formality has been completed, the amendment to the Articles of Association may not be relied upon by third parties. Any interested party may obtain, at his or her own expense, an extract from the deed…