English Translation

I - 2 - However, written voting is also permitted in individual cases if there is no objection to this. At least once a year, within the first three months of a financial year, a meeting of the Management Board is to be held, which must be presented to the Annual Report on the past and the budget for the new financial year. The members of the Board of Trustees will then be informed of the budget and work of the past and next financial year. A meeting of the Executive Board is quorum if at least three members of its Executive Board have appeared. § 5, para. 1, sentence 2 shall apply mutatis mutandis. If no agreement can be reached on a question which falls within the scope of the decision of the Board of Directors, the Chairman shall make a final decision. § 6 Financial year shall be the calendar year.