Dear clients and friends
We hereby inform you that article 168 of the Honduran Commercial Code establishes that the Ordinary Assembly must meet at least once a year, within 4 months following the closing of the fiscal year, that is, the January 1, 2022 to April 30, 2022. Among the matters that may be dealt with in the aforementioned meeting, we detail the following:

1. Discuss, approve or modify the balance, after hearing the report of the commissioners, and take the measures it deems appropriate;

2. If applicable, appoint and revoke administrators and commissioners; and,

3. Determine the emoluments corresponding to administrators and commissioners, when they have not been established in the statutes.

In addition to the above, said assembly may contain any other act that must be approved by the partners/shareholders of the company.

At Mayora & Mayora, S.C., we are prepared to assist you in these issues and any other corporate matter. Do not hesitate to contact us for any query in which we can assist you.