Article 259 — Prospectus of the Company

1/ An offer to subscribers shall be made by a prospectus signed by all the promoters. The prospectus shall include the following: a) the draft memorandum of association; b) a summary of the expert valuation report, if there are contributions in kind; c) the date until when the subscribers are required to discharge their obligations to pay; d) the price at which shares are to be issued; e) the amount to be paid up on the shares until the general meeting of the subscribers; f) the place where and the time when applications to subscribe shares shall be made; and the necessary details of the bank account opened in the name of the company under formation in which payments are required to be deposited; and g) the anticipated time within which the formation of the company is to be completed and the company obtain legal personality; the time set for the completion of the formation of the company shall not exceed five years under any circumstances. 2/ Copies of the prospectus and of the expert valuation report of contributions in kind, if any, shall be made available to all persons who may wish to subscribe.