EXTRA-ORDINARY MEETING 2016 MARCH, 5th 2016 CEEC’s STATUTES

Article 6.4 Article 9.3 Article 9.4 Article 9.6 Article 11.1 EXTRA-ORDINARY MEETING 2016

ARTICLE STATUTES 2015 SUGGESTED CHANGES 6.4 A three-quarters' (3/4) majority of Corporate Members present in person or by proxy at an CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meeting shall have the right to approve the adoption of the CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Rules and any amendments thereto. A three-quarters' (3/4) majority of Corporate and Individual Members present in person or by proxy at an CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meeting shall have the right to approve the adoption of the CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Rules and any amendments thereto. 9.3 Election of Executive Committee Members shall take place in accordance with the voting procedures set out in the CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Rules provided that at least six (6) Executive Committee Members are passport holders of a CEE country, no more than two (2) passport holders from any one country may be elected or nominated to the Executive Committee at any one time and no more than 1 representative from one Corporate member company should be represented in the Executive Committee. Election of Executive Committee Members shall take place in accordance with the voting procedures set out in the CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Rules provided that at least six (6) Executive Committee Members are passport holders of a CEE country may be elected or nominated to the Executive Committee at any one time and no more than 1 representative from one Corporate member company should be represented in the Executive Committee. EXTRA-ORDINARY MEETING 2016

ARTICLE STATUTES 2015 SUGGESTED CHANGES NIL 9.4 Any CEE Countries with more than 5 CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Ordinary Corporate Members shall be entitled to nominate one of their members to be an Executive Committee Member not later than 15 days before the annual CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meeting. The Executive Committee shall have a right of veto over the person nominated. In the event that the right of veto is exercised, then the CEE Countries notify the Executive Committee of an alternative nominee within 7 days of having been advised that the previous nominee has been rejected. NIL 9.6 The Executive Committee shall elect among the Executive Committee Members a Chairperson, 2 Vice-Chairpersons and a Treasurer, on a majority vote and for a term of office commencing on the date of his/her election, subject to Article 9.7, terminating on the date of the next CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meeting at which new elections take place, and may be re-elected for subsequent terms. The Executive Committee shall elect among the Executive Committee Members a Chairperson, Vice-Chairpersons and a Treasurer, on a majority vote and for a term of office commencing on the date of his/her election, subject to Article 9.7, terminating on the date of the next CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE meeting at which new elections take place, and may be re-elected for subsequent terms. EXTRA-ORDINARY MEETING 2016

ARTICLE STATUTES 2015 SUGGESTED CHANGES 11.1 The CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE shall establish an advisory committee ("Advisory Committee") comprised of up to twenty four (24) Members from both the groups below in Article 11.1 and those provided at Article 11.2: (a) Up to twelve (12) Members: With priority, CEE Countries Trade Counsellors present in Vietnam (b) Up to six (6) Members: Honorary counsellors of CEE countries in Vietnam (c) Up to two (6) Members: Representatives of CEE country-related friendship associations (a) Up to twelve (12) Members: With priority, CEE Countries Trade Counsellors present in Vietnam, EU DELEGATION to Vietnam’s CEE passport holder senior experts EXTRA-ORDINARY MEETING 2016

ARTICLE STATUTES 2015 SUGGESTED CHANGES 13.1 Subject to Article 13.2, these Statutes may be amended only by resolution passed by a three-quarters' (3/4) majority vote of the Corporate Members present in person or by proxy at an CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meeting called for such purpose. Subject to Article 13.2, these Statutes may be amended only by resolution passed by a three-quarters' (3/4) majority vote of the Corporate and Individual Members present in person or by proxy at an CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meeting called for such purpose. 15 One or more qualified persons not members of the Executive Committee shall be elected as Auditors at each Annual CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meetings. They shall be required to audit the annual accounts of the CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE and the accounts for any periods as required by the Executive Committee. One or more qualified persons who are members of the Chamber, but not members of the Executive Committee shall be elected as Auditors at each Annual CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE Meetings. They shall be required to audit the annual accounts of the CENTRAL AND EASTERN EUROPEAN CHAMBER OF COMMERCE and the accounts for any periods as required by the Executive Committee. A qualified person is an Individual Member or Representative of a Corporate Member who has at least a Bachelor level degree in Accounting or Finance or Audit or ACCA, CFA accreditation. EXTRA-ORDINARY MEETING 2016