The General Meeting of Shareholders is held at least once each year. The main powers of the General Meeting of Shareholders are adopting the financial statements, approving the proposed profit allocation, granting the members of the Management Board discharge for the policies pursued and granting the members of the Supervisory Board discharge for the supervision exercised, approving the remunaration of the Supervisory Board members, appointing Supervisory Board members and the external auditor, approving amendments to the Articles of Association, and granting approval for the purchase and issue of shares.