The methods and procedures to assing representation at the General Meeting are governed by articles 21 and 22 of CAF´s Articles of Incorporation and in article 9 of General Meeting Regulations.

All shareholders with the right to attend can be represented by another person at the General Meeting, even if this person is not a shareholder. In order to do this, they must meet the legal requirements.

Should the Company executive directors, equity holding organizations or, any other physical or legal person request representation for themselves or another and, in general, whenever the request is made public – which shall be assumed to be the case if a single person represents more than three shareholders – the document supporting the power must contain or include attachments of the Agenda, as well as the request and instructions for the exercising of the right to vote and the indication of the line of voting the representative shall take, if no precise instructions have been received. On occasion, the representative may vote differently when circumstances arise requiring such an action and when the client’s interests are at risk. In such a case, the representative must provide the client with immediate written information, explaining the reasons behind his vote.