Common use of Bonus issue Clause in Contracts

Bonus issue. If the Company makes a bonus issue, and a request for Subscription is made at such a time that the Subscription cannot take place on or before the tenth calendar day before the shareholders’ meeting at which the bonus issue resolution is to be considered, Subscription will not take place until the resolution has been passed at the shareholders’ meeting. Shares issued due to Subscription taking place after the resolution to carry out the issue are temporarily registered in the Company’s share ledger, which means that they do not entitle the Holders to participate in the bonus issue. If the Company is a CSD Company, then, in the same way, the Shares are temporarily registered in a VP account and do not entitle the Holders to participate in the bonus issue. Final registration in the account will not take place until after the record day of the bonus issue. The Subscription Price and the number of Shares for which each Warrant confers a right to subscribe will be adjusted if Subscription takes place after the resolution to carry out the bonus issue. Adjustment will be made by the Company through its board of directors, using the following formulae: The adjusted Subscription Price and the adjusted number of Shares are determined by the Company through its board of directors as soon as possible after the resolution by the shareholders’ meeting to carry out the bonus issue, but do not apply until after the record day for the issue if the Company is a CSD Company.

Bonus issue. If the Company makes a bonus issue, and a request for Subscription is made at such a time that the Subscription cannot take place on or before the tenth calendar day before the shareholders’ meeting at which the bonus issue resolution is to be considered, Subscription will not take place until the resolution has been passed at the shareholders’ meeting. Shares issued due to Subscription taking place after the resolution to carry out the issue are temporarily registered in the Company’s share ledger, which means that they do not entitle the Holders to participate in the bonus issue. If the Company is a CSD Company, then, in the same way, the Shares are temporarily registered in a VP account and do not entitle the Holders to participate in the bonus issue. Final registration in the account will not take place until after the record day of the bonus issue. The Subscription Price and the number of Shares for which each Warrant confers a right to subscribe will be adjusted if Subscription takes place after the resolution to carry out the bonus issue. Adjustment will be made by the Company through its board of directors, using the following formulae: previous Subscription Price x number of Shares before the bonus issue The adjusted Subscription Price and the adjusted number of Shares are determined by the Company through its board of directors as soon as possible after the resolution by the shareholders’ meeting to carry out the bonus issue, but do not apply until after the record day for the issue if the Company is a CSD Company.

Bonus issue. If the Company makes a bonus issue, and a request for Subscription Conversion is made at such a time that the Subscription Conversion cannot take place be made on or before the tenth calendar day before the shareholders’ meeting at which the bonus issue resolution is to be considered, Subscription Conversion will not take place until the resolution has been passed at the shareholders’ meeting. Shares issued due to Subscription taking place Conversion made after the resolution to carry out the issue are temporarily registered in the Company’s share ledger, which means that they do not entitle the Holders to participate in the bonus issue. If the Company is a CSD Company, then, in the same way, the Shares are temporarily registered in a VP account and do not entitle the Holders to participate in the bonus issue. Final registration in the account will not take place until after the record day of the bonus issue. The Subscription Conversion Price and the number of Shares for which each Warrant confers a right to subscribe will be adjusted if Subscription Conversion takes place after the resolution to carry out the bonus issue. Adjustment will be made by the Company through its board of directors, using the following formulaeformula: The adjusted Subscription previous Conversion Price and the adjusted x number of Shares are before the bonus issue The adjusted Conversion Price is determined by the Company through its board of directors as soon as possible after the resolution by the shareholders’ meeting to carry out the bonus issue, but do does not apply until after the record day for the issue if the Company is a CSD Company.