1. INSTRUCTIONS FOR PARTICIPATING IN THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS’ MEETING
Article 132 of Law 6,404, of December 15, 1976 (“ Brazilian Corporation Law”) requires every Company, including JSL S.A. (“JSL”), to hold an annual shareholders’ meeting within the first four months following the conclusion of the fiscal year to decide on the following matters: (a) receive the accounts from management and examine, discuss and vote on the financial statements; (b) allocate the net income in the fiscal year and distribute dividends; and (c) elect the administrators and members of the fiscal council, when applicable (“ASM”).
Pursuant to Article 135 of the Brazilian Corporate Law, the Company that wishies to amend its Bylaws must submit the changes to approval of its shareholders at an Extraordinary Shareholders’ Meeting (“ESM”).
In accordance with Article 133 of Brazilian Corporation Law, and CVM Instruction 481 of December 17, 2009 (“CVM instruction 481”), the documents pertinent to the matters on the agenda were made available to shareholders at the Company’s head office and on the websites of the Securities and Exchange Commission of Brazil (CVM) (www.cvm.gov.br) and JSL (www.jsl.com.br/ir) on March 29, 2011, in compliance with the deadline of at least one month prior to the date of the AESM.
To access the Management´s Proposal for AESM, click here