Section 75, Cap. 287

(1) The holders of the "A" Shares shall be entitled from time totime to appoint three Directors to remove or replace any Director appointed by them and also to appoint, remove or replace one such Director as Chairman of the Board of Directors; and the holders of the " B " Shares shall be entitled from time to time to appoint two Directors, and to remove or replace any Director appointed by them. (2) So long as one person holds not less than 51 per cent of the issued "A" Shares all the rights conferred by this Article on the holders of the "A" Shares shall be exercisable by that one person, and so long as one person holds not less than 51 per cent of the issued " B " Shares all the rights conferred by this Article on the holders of the " B " Shares shall be exercisable by that one person. In this case, the appointment, removal or replacement of a Director or of the Chairman for the time being shall be effected by a written notice signed by the holder or holders of the majority of the "A" Shares or the " B " Shares, as the case may be, and every such notice shall take effect from the time when it is delivered to the office. (3) Subject to the foregoing provisions of this Article, the holders of the "A" Shares and of the " B " Shares shall exercise their respective rights under this Article at separate General Meetings of the holders of such respective classes of shares. To every such General Meeting the provisions of these Articles relating to General Meetings of the Company shall mutatis mutandis apply, but so that a General Meeting of the holders of the shares of each such class shall be convened each calendar year on the same day as the Company holds its Annual General Meeting and so that a General Meeting of the holders of the "A" Shares or the " B " Shares, as the case may be, shall also be convened at any time upon the requisition of two or more holders of the shares of the class in question, who- hold not less than one-quarter of the issued shares of that class.