Art. 692
III. Voting rights at general meetings of shareholders 1. General principle 1 The shareholders exercise their voting rights at general meetings of shareholders in proportion to the total nominal value of the shares belonging to them. 2 Every shareholder has at least one vote, even if he holds only one share. However, the articles of association may impose restrictions on the number of votes cast by holders of multiple shares. 3 In the event that the nominal value of the shares is reduced as part of a restructuring of the company, the voting right conferred by the original nominal value may be retained. |