Preferred Shares

PRIVILEGES: (T.T.S.G. No. 8301 dated April 16, 2013)

Article-9:

a- Privilege to elect board members;

As long as the Company General Assembly determines the Board to be 5 people at least 4 of the Board of Directors Members; and if the Company General Assembly determines the Board to be 7 people at least 5 of the Board of Directors Members; and if the Company General Assembly determines the Board to be 9 people at least 7 of the Board of Directors Members; and if the Company General Assembly determines the Board to be 11 people at least 9 of the Board of Directors Members are selected from among candidates nominated by the (B) group shareholders.

b- Privilege to vote in General Assembly Meetings;

The group B shareholders have 15 (Fifteen) votes for each share to be used in ordinary and extraordinary General Assembly meetings.