COOPERATIVE VOTING REQUIREMENTS

2/3 Members (All)

 Amendment of AOC
 Amended of By-laws
3/4 Members (P + Q)

 Delegation of the GA powers

 Division
 Merger and Conso
 Ratification of act of disloyal director
 Ratification of contracts by self-dealing directors
 Removal of Directors
3/4 Members (P + Q), MAJ Board

 Voluntary Dissolution (with or without creditors affected)

MAJ Members (All)

 Compensation of directors
MAJ Members (P + Q)

 Filling up of vacancy (expiration of term)

 Filling up of vacancy (other than expiration of term) if remaining directors do not constitute a quorum
anymore
MAJ Members (P + Q), Recommendation of MAJ Board (P + Q)

 Deferment of payment of interest on Share Capital

MAJ Board (All)

 Placing an officer under preventive suspension of officer to be removed

 Calling of a Special Meeting of GA
 Removal of a Member because of CoNVO
 Delegation of powers to ExeCom
MAJ Board (P + Q)

 Filling up a vacancy in the Committees

 Allocation of interest of share capital
 Recommendation to GA the removal of an elected officer
MAJ Remaining Board (P + Q)

 Filling up of vacancy (other than expiration of term) if remaining directors constitute a quorum