MANDATES OF THE MEMBERS OF THE BOARD OF DIRECTORS, EMPLOYMENT AGREEMENTS

Mandates of the Members of the Board of Director, Employ-ment Agreements The duration of the mandate of the Board of Directors’ members is determined by their office term and the law. Employment agreements with members of the Group Management may be concluded for a fixed contractual term of up to one year. The notice period for employment agreements concluded with members of the Group Management may be a maximum of twelve months. Employment agreements with members of the Group Management may contain a post-contractual non-competition agreement for which the employee can be compensated.