STATUTES

Today, *,

1. *;

2. *;

3. *.

Made appearance before me………………………………………………… notary public in Amsterdam

The comparators stated:

PREFACE

The association was founded on the seventeenth of August nineteen hundred and sixty-two (17-08-
1962). The articles of association have not yet been included in a notarial deed. By decision of the
General Assembly of the association of * it was to enter the articles of association in a notarial deed.
An excerpt from the minutes of that meeting is attached to this deed. The articles of the Statutes are
as follows.

STATUTES

Name and seat

Article 1

1. The association bears the name: European Aikido Federation.

2. The abbreviation is: EAF.

3. It has its seat in the municipality of Amsterdam, the Netherlands.

4. English and French are languages of communication of the EAF.

 Objectives

Article 2

1. The EAF is an association of national Aikido federations in Europe, which are also members of the
International Aikido Federation (IAF), to represent their interests at the European level, in particular
vis-a-vis the institutions of the European Union.

2. The EAF shall establish permanent representation in Brussels with the aim of maintaining relations
with the EU institutions.

3. The EAF shall work closely with the International Aikido Federation and the Aikido World
Headquarters to coordinate EAF policy and actions. It aims to achieve this goal by, among others,
working closely together with the IAF, which represents the discipline of Aikido in the Global
Association of International Sports Federations (GAISF).

4. The EAF works to create an umbrella license system for Aikido instructors, valid across the EU and
thereby gradually moving beyond borders of national licensing systems within the EU. The aim is to
make a national license valid throughout Europe.

5. EAF shall observe and respect the Aikido World Headquarters’ International Regulations, in which
Doshu’s exclusive authority and power to legitimate Aikido Dan Grades and issue Aikido Dan
Certificates is referred to.

6. The EAF shall facilitate the formation of consortiums of members, and support them in accessing
all of the various instruments of the European Union, such as the Erasmus+ program, the European
Week of Sport and other programs that may be of interest to the members. The EAF shall provide
support for its members in the planning, coordination, implementation and follow-up for projects at
the European level, as well as acting as coordinator, leader or partner in a consortium or proposal.

7. The EAF shall facilitate, with permission from and / or in collaboration with the relevant national
member federations, the participation of the Hombu Recognized Organizations which are not
members of the IAF in applying for EU grants or other projects at European level. This always
requires the explicit consent of the IAF member organisation in the respective Member State.

Article 3

1. The association has been established for an indefinite period.

2. The financial year of the association is the calendar year.

 Membership, requirements and obligations

Article 4

1. The association has members.

2. Members of the EAF can be:

a. the national Aikido federations in the Member States of the European Economic Area, which are
also members of the International Aikido Federation;

b. the national Aikido federations that can participate in the Erasmus+ program and are also
members of the International Aikido Federation.

3. Only federations with full legal capacity in accordance with the relevant national legislation can be
admitted as members of the EAF.

4. Members of the EAF are hereinafter referred to as "the federations" or "the federation".

5. Membership can be obtained by written request addressed to the Board and by consent of the
latter. The Board issues a statement to that effect. In the event of non-admission by the Board, the
General Assembly may decide on admission.

6. Admission requirements may be laid down in regulations.

7. The membership is exercised by a representative of the federation.

8. The members are bound by provisions laid down in these Statutes as well as by the decisions of
the EAF bodies.

Article 5

1. The membership ends:

a. when the federation no longer meets the requirements of Article 4;

b. when the federation ceases to exist;

c. by cancellation by the federation;

d. by cancellation by the federation;

e. by dismissal
2. Termination of membership by the federation shall only take place at the end of a financial year. It
is stated in writing to the Board under due observance of a notice period of at least four weeks. If
cancellation was not made on time, membership shall continue until the end of the next financial
year.

Membership ends immediately:

a. if the federation cannot reasonably be expected to continue its membership;

b. within one month after a decision declaring the rights of the federations limited or their
obligations aggravated became known or was communicated to a member unless it implies s a
change of monetary rights and obligations;

c. within one month after a federation was notified of a decision to convert the EAF into another
legal form or its merger with another organisation.

3. Termination of membership on behalf of the EAF can be decided by the Board at the end of the
current financial year:

- if on 1 November a federation after being repeatedly reminded in writing does not fully comply
with its monetary obligations towards the EAF for the current financial year;

- if the federation ceased to meet the requirements of membership as stipulated by the Statutes at
that time.

The termination notice is at least four weeks. If membership was not terminated on time, it
continues until the end of the next financial year.

The cancellation may, however, result in an immediate termination of the membership, if the EAF is
reasonably considered not to let the membership continue.

The cancellation always takes place in writing, stating the reasons thereof.

4. Dismissal from membership can only be pronounced when a federation acts in violation of the
Statutes, rules or decisions of the EAF when the member harms them in an unreasonable way.
Decision to that effect is taken by the Board informing the federation concerned and stating the
reasons thereof.

The federation concerned is authorized within one month after receiving the notification to appeal to
the General Assembly.

During the appeal period and pending the appeal, the federation is suspended. A suspended
federation has no voting rights.

5. If the membership ends in the course of a financial year, full annual contribution from the
federation is due, unless the Board decides otherwise.

Donors
 Article 6

1. Donors are those who have been admitted as donors by the Board. The Board is authorized to
terminate the status of a donor by way of a written decision.

2. Donors are required to provide the EAF with a financial contribution each year, the minimum
amount of which is determined by the General Assembly.

3. Donors have the exclusive right to attend the General Assembly. They have no voting rights, but
are authorized to speak.

Contributions

Article 7

Every member pays an annual contribution. The amount of the contribution is determined by the
General Assembly.

Board

Article 8

1. The Board consists of at least three (3) natural persons, who are chosen to function as chairman,
secretary and treasurer.

2. The Board members are appointed by election by the General Assembly from the candidates
nominated by the federations.

3. Board members may at any time be suspended and dismissed by the General Assembly while
stating the reasons thereof. The General Assembly decides on suspensions dismissals by a majority of
two thirds of the votes cast.

4. The suspension ends when the General Assembly has decided on a dismissal to resign within three
months after the decision to that effect. The suspended Board member will be given the opportunity
to appear before the General Assembly and can be assisted by a legal counsel.
5. Board members are appointed for a maximum period of five (5) years. A year is understood to
mean the period between two consecutive annual General Assembly meetings. The Board members
resign according to a schedule to be drawn up by the Board. A Board member who resigns according
to the schedule is immediately eligible for reappointment.

6. If the number of Board members is lower than the minimum number mentioned in paragraph 1,
the Board nevertheless remains functional. The Board is obliged to call a General Assembly meeting,
as soon as possible, to decide on filling the vacancy(ies).

7. Provisions of Articles 11 to 14 apply to meetings and decision-making of the Board to the extent
possible. At least one Board meeting is held every half a year. Board meetings are convened by the
Board as often as is considered desirable by the Board.

Article 9

1. The Board is charged with the management of the EAF.

2. The Board is, with prior approval from the General Assembly, authorized to decide to enter into
agreements on acquisition, disposal or encumbrance of registered property, and to enter into
agreements whereby the association commits itself as guarantor or joint debtor for a third party or
to provide security for another debtor, within the constraints of the annual budget agreed by the
General Assembly.

3. The General Assembly may delegate powers to the Board. The delegation decision can be revoked
at any time.

4. The Board is obliged to authorize projects of the federations and consortiums thereof. Before a
project is accepted, the Board consults the president of the International Aikido Federation, the
Doshu, who is advised by the members from the IAF Senior Council, who are resident in the EU. No
project can be implemented without authorisation of the Doshu.

5. Consultation or communication with the Doshu always takes place via the EAF to the IAF and from
the IAF via the IAF liaison office with the World Aikido Headquarters (the IAF Liaison Office) to the
Doshu.

6. Each Board member is authorized to represent the EAF vis-à-vis the institutions of the European
Union.

Article 10

1. The Board represents the EAF.

2. The representative authority is also vested in the chairman together with the secretary or the
treasurer, or the secretary together with the treasurer.

General Assembly

Article 11

1. The General Assembly of the federations is the highest body of the EAF.

2. The General Assembly meetings are held in Amsterdam, The Netherlands, where the EAF has its
registered seat or at the place and in a country determined in the convocation.

3. It is also possible to participate in the General Assembly meetings via electronic means of
communication.

Article 12

1. Access to the General Assembly is granted to federations who are not suspended, to donors as
well as those who are invited by the Board and / or the General Assembly.

A suspended federation can attend the meeting in which the decision on his suspension is dealt with,
and is authorized to intervene on the subject matter.

2. With the exception of a suspended federation, each federation has one vote at the General
Assembly. Every federation entitled to vote may authorize – in writing - another person entitled to
vote on its behalf.

3. A unanimous decision of all the federations entitled to vote, even if they are not gathered in a
meeting, has the same effect as a decision by the General Assembly provided that the Board has
been informed in advance. The decision may also take a written form.

4. The chairman determines the manner in which the votes in the General Assembly are to be held.
Voting on issues takes place orally; voting on personal matters takes place by unsigned ballots.

5. If stated in the convocation, each federation is authorized, personally or acting via proxy with
written authorisation, to take part in the General Assembly, take the floor and exercise the right to
vote by means of electronic communication provided that the federation can be identified by
electronic means of communication, can directly follow the proceedings of the meeting and
participate in the deliberations.
6. All decisions for which no larger majority is required either by law or by these Statutes are taken
by an absolute majority of votes cast with at least half of the federations being present. In the event
of a tie vote, the proposal is deemed rejected. A tie vote on personal matters results in a decision by
chance, in the form of tossing a coin. If in a choice between more than two persons none of them
obtains an absolute majority, new voting takes place between those who have obtained the largest
number of votes, if necessary after an intermediate vote.

Article 13

1. The General Assembly is chaired by the chairman or, in his absence, by the oldest Board member
present. If no Board members are present, the General Assembly decides on its chairing
arrangements.

2. The statement made by the chairman at the General Assembly regarding the result of a vote is
decisive.

The same applies to the content of a decision taken on a proposal that had not been submitted in
writing.

If however after the decision of the chairman has been pronounced its accuracy is being disputed, a
new vote takes place if requested by the majority of the General Assembly or in case the original
vote did not take place by head count or written form, if requested by a person entitled to vote and
present. The new voting annuls the legal consequences of the original one.

3. Minutes of the proceedings of the General Assembly of members shall be taken by the secretary or
by the person designated by the chairman. The minutes will be laid down at the same General
Assembly or the following one and signed as evidence thereof by the chairman and the secretary of
that meeting.

Article 14

1. The financial year of the EAF equals the calendar year.

Each year, at least one General Assembly is held within six months following the end of the financial
year, unless the period is extended by the General Assembly. At this General Assembly the Board
presents its annual activity and policy report. The Board presents the balance sheet of the
association and statement of revenues and expenditure, and its budget for the following/current
year, with explanatory notes for the approval of the assembly. These documents are signed by the
Board members; if a signature of one or several Board members is missing, it will be stated while
mentioning the reasons thereof. After the expiry of the term every federation can legally demand
that the Board members fulfil these obligations.
2. In case no statement on the accuracy of the documents referred to in the previous paragraph is
submitted to the General Assembly by an accountant as referred to in article 2: 393 paragraph 1 of
the Civil Code, the General Assembly will appoint each year a committee of at least two members
who are not members of the Board.

3. The Board is obliged to provide the committee with all information necessary for its proceedings,
grant access to the EAF cash and assets as well as guarantee insights into the books and documents
of the association.

4. The committee examines the documents referred to in paragraphs 1 and 3.

5. If in the committee's opinion, the investigation requires specialist counting expertise an expert’s
assistance can be required at the expense of the association. The committee will present its findings
to the General Assembly.

Article 15

1. General Assembly meetings are convened by the Board as often as it deemed desirable or is
required by law.

2. At a written request of at least one / tenth of the federations with voting rights , the Board is
obliged to convene a General Assembly meeting, to be held within four weeks of the submission of
the request. If the request is not followed within fourteen days, the applicants themselves may
convene a General Assembly meeting according to the procedure stipulated in paragraph 3. The
applicants may put persons other than Board members in charge with the management of the
meeting and the drafting of the minutes.

3. Convening of the General Assembly meeting is done by way of written notification to those
entitled to vote at least seven days' notice. The topics to be discussed are specified in the notice.

Amendment of the Statutes

Article 16

1. Amendments to the Statutes can only be made by decision of the General Assembly, which has
been called with the notice setting out the purpose to amend the articles of association

2. Those who have launched a call for a General Assembly meeting to consider a proposal to amend
the Statutes, must submit a copy of the proposal at least five days ahead of the meeting.
3. The Statutes can only be amended by the General Assembly acting by a majority of at least two
thirds of the votes cast.

4. The amended Statutes enter into force after they have been included in a notarial deed. Each of
the Board members is authorized to sign off on the amended Statutes.

5. The provisions of paragraphs 1 and 2 do not apply if at the General Assembly all persons entitled
to vote present or take a decision by acclamation to amend the Statutes.

6. The Board members are required to provide an authentic copy of the deed of amendment of the
Statutes and a full text of the amended Statutes to the office of the Chamber of Commerce and
Industry.

Dissolution and liquidation

Article 17

1. The provisions of Article 16, paragraphs 1, 2, 3 and 5 apply accordingly to a decision of the General
Assembly on the dissolution of the EAF.

2. By way of decision referred to in the previous paragraph the General Assembly determines the
destination of the credit balance, as much as possible in accordance with the purpose of the EAF.

3. The liquidation is decided by the Board.

4. The association will continue to exist after the dissolution as long as it is necessary for the purpose
of the liquidation of its assets. During the liquidation the provisions of the Statutes remain in force as
much as possible. In documents and announcements from the EAF the words "in liquidation" need to
be added to the association’s name.

5. The liquidation ends at the time when no assets remain to be liquidated.

6. The books and documents of the dissolved association must be kept for ten years after the
liquidation. The depository is the person appointed as such by the liquidators.

Regulations

Article 18
 1. The General Assembly may lay down and amend one or more sets of rules on subjects not
covered by these Statutes.

2. Regulations may not contain any provisions that are in conflict with the law or with these Statutes.

3. Decisions to adopt and amend regulations are taken in accordance with the provisions of Article
16, paragraphs 1, 2 and 5.

Final provision

Article 19

All competences not conferred upon other bodies by law or theses Statutes belong to the General
Assembly.

Choice of law

Dutch law applies to this deed.

Final deed

Done in Amsterdam on the date mentioned in the head of this deed.

The comparators are known to me, civil-law notary. The business content of the deed has been
specified and explained to them. Upon the reading of the deed the comparators have stated not to
object to it and have taken note of its contents in time to receive a draft deed. This deed was read to
a limited extent and signed immediately thereafter, first by the comparators and then by me, notary.