OTHER INFORMATION
STATUTORY REGULATIONS REGARDING THE ALLOCATION OF PROFITS
The rules on the allocation of profits are included in Article 26 of the Articles of Association.
Article 26 of the articles of association reads as follows:
- A percentage of the corporate profit as shown in the profit and loss account will be reserved annually, after deducting the unrecovered loss balances from the previous years.
- The resulting profit is at the disposal of the General Meeting of Shareholders, with due observance of the relevant provisions of Article 105 of Book 2 of the Civil Code.