Amendments to the Articles of Association, Dissolution

Article 13

Without prejudice to the stipulations of articles 50§3, 55 and 56 of the act about the non-profit organisations, the international non-profit organisations and the foundations, each proposal to amend the articles of association or to dissolve the association must be made by the Management Board or by at least two thirds of the members of the association who are entitled to vote.

The Management Board has to inform the members of the date of the General Assembly during which such a proposal will be discussed at the latest three months in advance.

The General Assembly can only deliberate validly if two thirds of the members of the association who are entitled to vote are present or represented.

A decision is only valid if it is taken by a two-third majority of the votes.

If the quorum of two thirds of the active members is not present at the General Assembly, a second General Assembly will be convened under the same conditions as the first assembly. This second General Assembly will be entitled to take a final and valid decision with regard to the proposal brought forward, regardless of the number of members present or represented.

Amendments to the articles of association will only take effect after ratification by the competent authorities pursuant to article 50§3 of the act and after publication in the annexes of the Belgian Official Gazette pursuant to article 51§3 of the same act.

The General Assembly determines the manner in which the association will be dissolved and liquidated.

Any net assets remaining after the liquidation must be transferred to a private legal entity operating on a non-profit-making basis with similar objects as those of the dissolved association or, in the absence thereof, be used for a charity (to be specified).