Prohibition of payments to the stockholders

The amounts obtained from the reversal of the capital reserve or the retained earnings and from the capital reduction may not be used to make payments to the stockholders, nor may they be used for purposes of releasing the stockholders from the obligation to make contributions. They may be used solely for purposes of offsetting impairments in value, covering other losses and allocating amounts to the capital reserve or the legal reserve. Using them for any one of the above purposes is permissible only insofar as they have been specified in the resolution as the purpose for which the capital stock is being reduced.