Société Financière des Cafés S.C.A.R.L.

Constitution

The S.C.A.R.L. Société Financière des Cafés was incorporated on March 14, 1929; its registered office was established in Bunia (Kibali-Ituri district) and the administrative headquarters in Brussels.

The share capital was set at 25 million francs represented by 50,000 shares of 500 francs each. In addition, 25,000 dividend shares without nominal value were created.

The 50,000 shares of 500 francs were subscribed by :

Mr. Guillaume Peeters, 8,600 shares; Société Crédit Financier de Belgique, 2,000 shares; Mr. Jean Frédérickx, for himself and a group, 3,250 shares; Mr. Armand Hanlet, 250 shares; Mr. Marcel Goisse, for himself and a group, 1,800 shares; Société Genaplan, 100 shares; Mr. Gérard Goisse, 1,800 shares; and Mr. Jean Frédérickx, 3,250 shares. Mr. Edmond Claes for himself and a group, 200 shares; Socofina, 4,000 shares; Mr. Léon Moreau for himself and a group, 8,000 shares; Mr. Léon Bleuzé for himself and a group, 20,800 shares; Comptoir Everaet S.A., 1,000 shares.

The subscribed shares were 20% paid up, representing a sum of 5 million made available to the new Company.

The 25,000 dividend shares were distributed among the subscribers of capital shares, in accordance with a special agreement.

First Board of Directors

The number of directors was set at ten members and three commissioners:

Directors: Guillaume Peeters, Baron Edouard Oban de Xivry, Gustave Van Biervliet, Alexandre d'Oreye, Léon Moreau, Count Raoul Legrelle, Michel Wittouck, Léon Bleuzé, Cyriaque Gilain, Marquis Pierre Imperiali.

Commissioners: Baron Edgard Forgeur, Désiré Lamaille, Jean-Delvaux de Fenffe.

Object

To carry out in the Belgian Congo and everywhere else in Africa as well as in all European and overseas countries all industrial, financial or commercial operations relating to plantations, crops, livestock.

To be able, directly or indirectly, to take an interest in any business or undertaking having a purpose related or similar to its own, to acquire, lease or operate any land, factories, trading or industrial establishments, both for itself and in participation or on behalf of third parties, to carry out all real estate and movable transactions provided that such transactions are related to the main purpose (12-( 31-03-1929)-3946).

Change in capital, event(s)

On May 21, 1932, the Shareholders' Meeting decided to reduce the share capital to 8,485,000 francs; the number of shares was reduced to 16,970 shares of 500 francs by cancelling a certain number of incompletely paid-up shares and replacing them with paid-up shares, and by the outright cancellation, with the consent of their owner, of certain other shares. The number of dividend shares was also reduced to 8,100 dividend shares.

The number of concessions owned by the Company in Africa was 6, with a total area of 1,470 hectares. The number of coffee trees planted was 402,545 (21-(1932 T3)-390).

Dissolution and Liquidation

On November 14, 1936, the Shareholders' Meeting decided to dissolve and liquidate the Company due to the loss of more than half of the share capital (30-(1937)-573 to 577).