Each common share provides a right to one vote in the General Meeting deliberations, being indivisible to the Corporation.
Preferred shares do not carry out voting rights to its holders, except in the foreseen cases in the law, however their holders are granted to:
a) Priority in the distribution dividends established in General Meeting, 10% (ten per cent) higher than dividend allocated to common shares;
b) Priority in capital reimbursement, without goodwill, in case of Company’s extinguish;
Shareholders will have preference rights to subscribe same class shares in the case an increase of the stock capital.
The preference right may be exercised within 30days, from the announcement day.
There will be granted no preference right for the shareholders whose interest in the Company is result of paid-in shares with Fiscal Incentives.