Company’s annual report and financial accounts, as well as the management of the Board of Directors and the President, a registered audit firm is to be elected. § 11 The Company’s financial year shall extend from [...] the auditors’ report and, where applicable, of the consolidated financial accounts and the auditors’ report on the consolidated financial accounts. 7. Motions concerning a. adoption of the income statement [...] discharge of the members of the Board of Directors and of the President from personal liability for the financial year. 8. Determination of the number of Directors. 9. Determination of the fees to be paid to the