AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

onds and shall be reported in the first General Meeting held after the
resolution of issue.
(c) The power to develop and specify the basis and methods of the
conversion and / or exchange and / or exercise of the "warrants,"
taking into account the abovementioned criteria.
8. Information for the shareholders: The Board of Directors, in the successive
General Meetings held by the company, shall inform the shareholders of the
use, where applicable, of the delegation of powers enforced thus far and
referred to in this resolution.
9. Price of the Securities: The Company will request the admission to trade in
official or unofficial secondary markets, organised or not, domestic or foreign, of
the debentures, bonds and other securities which are issued in virtue of this
delegation, empowering the Board of Directors to carry out the procedures and
actions required for the admission to trade before the competent authorities of
the various domestic or foreign stock markets.
The Board of Directors proposes to rescind the authorisation granted for the exercise of
this power in the General Meeting of Shareholders held on 19 June 2008.
For the purposes set out in Article 27 of the Regulations governing the Stock
Exchanges, it is expressly stated that in the event that the exclusion of the listing of
securities issued pursuant to this delegation is subsequently requested, it shall be
adopted with the same formalities referred to in the aforementioned Article and, in such
a case, the interests of the shareholders or bondholders who oppose the resolution or
do not vote for the resolution shall be ensured, thus fulfilling the requirements of the
Capital Corporations Act and the related provisions, all in accordance with the
provisions set out in the aforementioned Regulations governing the Stock Exchanges,
in the Securities Market Act and the implementing provisions.
In Madrid on 21 May 2012
The Board of Directors
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