1. The Director may not appoint any other Director as his proxy to attend a board meeting unless so permitted by the AOA of the Company. Each Director may act as a proxy for only one Director, but at least 50% of the Directors shall be present in person. 2. No voting may take place by correspondence. The Director acting as a proxy shall vote on behalf of the absent Director as determined in the deed of proxy.
Interpretation and application must be checked against the official text and current version.