Article 403 — Right to Leave the Company

1/ Shareholders dissenting from resolutions relating to change of business purposes or conversion of the company may leave the company. 2/ Where shareholders decide to leave the company pursuant to Sub-Article (1) of this Article, they shall notify the general manager of the company of such decision through a letter or other appropriate electronic means: a) within three days from the end of the meeting, in case of shareholders who were present at the meeting which adopted the resolution; b) within fifteen days from the date of the publication of the resolution in a newspaper having nation- wide circulation and on the website of the company, in case of shareholders who were not present at the meeting that passed the resolution. 3/ Shareholders who have decided to leave the company shall have their shares redeemed at the average price of their shares on the stock exchange over the last six months preceding the meeting where the price of the shares is quoted on the market; if the price is not quoted on the stock exchange, their shares shall be redeemed at a price proportionate to what they represent in the assets of the company in the company`s balance sheet for the last financial year. 4/ Any agreement or resolution which extinguishes or deprives or obstructs the exercise of the right to leave a company under this Article shall be of no effect.