Initial and relevant obligations

The directors of the company are responsible for ensuring the preparation of a complete set of the annual financial statements of the company, in accordance with the International Financial Reporting Standards.

The financial statements shall be presented to the general meeting no later than eighteen months (18) after the incorporation of the company, and subsequently at least once (1) per calendar year.

The annual return is prepared up to the company’s reference date and is delivered for filing to the Registrar of Companies together with the financial statements, within twenty-eight (28) days from its drafting date.

The directors of the company are responsible for maintaining the accounting books and records on the basis of which the company's financial statements will be prepared, explaining correctly and precisely all the transactions of the company and allowing the assessment of the financial position of the company at any time.