The methods and procedures to confer representation at the General Meeting
are regulated in articles 21 and 22 of CAF's
Articles of Association and in article 9 of General
Meeting regulations.
All shareholders with the right to attend can be
represented in the General Meeting by another person, even if this person is not
a shareholder. To this end, they must meet the requirements laid down by
law.
Should the Company executive directors, equity holding organisations
or, any other physical or legal person request representation for themselves or
other 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, should no precise instructions be received. On
exceptions, 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.
Last Modification :
08 of September of 2005