Article 443 — Delegation of Powers to Board of Directors

1/ Without prejudice to the provisions of Sub-Article (1) and (2) of Article 442 of this Code, an extraordinary general meeting may by resolution delegate to the directors all powers necessary to effect the increase or reduction of capital approved by the meeting. 2/ Any provision in the memorandum of association delegating in advance to the directors power to increase or decrease capital shall be of no effect.