Shareholders' general meeting is the supreme control authority for the Company.

Company has to organize shareholders' general meeting annually not less than 2 month and not more than 6 months from yearly closure.

Meetings organized apart from annual shareholders' general meeting, are extraordinary.

The Board defines format, time and procedure of general meeting and solves other questions regarding the preparation and carrying out general meeting.

Notification about Shareholders' general meeting to be organized is made by sending a written notification to each shareholder according to the address indicated in  shareholder register or personally against shareholder’s receipt on or before the date defined by Law.

Meeting is organized wherever Company is located.

Voting bulletins should be sent or given against the receipt to each person indicated in the register of persons with the right to participate in general shareholders’ meeting, within the time defined by Law.

Extraordinary shareholders’ meeting may be organized by a decision of the Board on its own initiative, by a request of Audit Commission, Company auditor or shareholder sharing not less than 10 percent of voting stock at the moment of request placement.

The order of preparation and convocation of General or Extraordinary shareholders’ meeting is defined according to Law.

Annual meeting is organized by a decision of the Board.

Shareholders (shareholder), owning collectively not less than 2 percent of Company voting stock have the right to put an item to General shareholders’ meeting agenda or to  propose candidates to the Board, Audit Commission, the number of which cannot exceed quantitive composition of corresponding body, as well as to propose a candidate to General Director position.

Such proposals must be provided to Company not later than 2 months from yearly closure (on or before the last day of February).