A) The Board of Directors may convene the General Meeting. If the Board fails to convene the General Meeting’s meeting, then the Auditors shall do so. The General Assembly shall be presided over by the Chairman of the Board of Directors. If the Chairman fails to attend, the meeting shall be presided over by the Deputy Chairman. If the invitation for the meeting is extended by the auditors, the Chairman of the meeting shall be appointed by them.
B) Notice to attend a meeting of the General Meeting shall not be valid unless it includes the agenda and such notice shall be published after its approval by the Capital Market Authority in two daily newspapersand for at least two consecutive days at least two weeks before the date specified for the meeting.
C) A copy of the notice shall be sent to each shareholder by ordinary mail or delivered by hand to him or to his representative against signature, at least two weeks before the date specified for the meeting.
D) The Company’s balance sheet, and the reports of the Board of Directors and Auditors of the Company shall be sent to each shareholder with the invitation to attend the General Meeting.
E) The Capital Market Authority shall be notified of the date of the General Meeting and may authorize an observer to attend the meeting, supervise the procedure related thereto and ascertain that the decisions taken are in conformity with the Law.
F) The minutes of the General Meeting shall be deposited with CMA, signed by the secretary and countersigned by the chairman of the meeting and the auditor within fifteen days from the date of the General Meeting.
G) Disclosure of resolutions on the next day of the General Meeting, and before one hour at least of the trading time.