Newsletter-21

230 NEWSLETTER 2016 k. Information on the highest, lowest and weighted average share prices of the last year and the last quarter l. Benefits to be obtained by related parties, if any, from this transaction. Public Disclosure Requirement The Communiqué regulates the public disclosure requirement in Art. 12 which provides that: a. The buy-back program prepared by the board of directors is announced by a public disclosure to be published by the corporation no later than three weeks prior to the date of the general assembly meeting, and is concurrently published in the corporation’s internet website. b. If and when the general assembly makes a change or revision in a buy-back program submitted for approval, the revised program is announced by a public disclosure to be published in the first business day following the date of the general assembly meeting. c. Decisions of authorized bodies to be taken pursuant to the second paragraph of Art. 5 of this Communiqué are required to be announced by a public disclosure. d. Two business days prior to commencement of acquisition transactions pursuant to and under the program, the corpora- tion and/or its subsidiary makes a public disclosure contain- ing such information such as starting and ending dates of the scheduled period of buy-back, and the nominal value and ratio to capital of the to-be-acquired shares. e. Before the start of the session in the first business day fol- lowing the date of share buy-back, a public disclosure containing information, such as nominal value and ratio to capital of buy-back shares, and transaction price, nominal value of previous buy-back shares within the frame of the program, and privileges, if any, associated with these shares, and transaction date is needed.