1️Primary Market Issue

Issuing New Shares with Digital Notary

When you want to issue new shares, there are two distinct procedures that can be followed, depending on your situation and the preferences of your shareholders. Below, we explain both methods:

1. Shareholders' Agreement

The first method involves signing a shareholders' agreement. This document must be prepared and signed by all shareholders holding A-shares. The shareholders' agreement is a legally binding document that outlines the terms agreed upon by the shareholders regarding the issuance of new shares. This process requires the consent and signatures of all involved shareholders.

2. General Meeting of Shareholders.

The second option is to issue new shares through a general meeting of shareholders. In this case, you need to provide us the minutes of the meeting where the majority of shareholders approve the issuance of new shares. These minutes must be formally prepared and will serve as proof of consensus among the shareholders.

Reading the minutes would be a manual action for the digital notary and falls within the criteria of a "Corporate Action" the cost for Corporate actions are €199,

The preparation of the minutes and the completion of this process via a community with shareholders carries a total cost of 200 euros. This fee covers the costs associated with processing and certifying the minutes by Digital Notary.

Summary

• Shareholders' Agreement: Requires a document signed by all A-shareholders.

• Community with Shareholders: Requires the submission of meeting minutes in which all shareholders agree to the issuance of new shares. Cost: 200 euros.

For more information or to initiate one of these processes, please contact us. We are ready to guide you through the process and ensure everything is conducted in compliance with legal requirements.