shareholders' assembly

The Shareholders' Assembly is CAF's supreme authority. It meets in regular sessions -once a year, within ninety days after the end of the fiscal year- and in special sessions, according to need. The Assembly is comprised of series A, B and C shareholders.

The Assembly approves the Annual Report of the Board of Directors, the audited financial   statements, and the allocation of net income. In addition, it elects Board members according to the provisions set forth in the Articles of Agreement, appoints external auditors, and examines other issues expressly submitted for its consideration.