New certificates replacing damaged or defaced share certificates or temporary share certificates

Where a share certificate or a temporary share certificate has been damaged or defaced to such a degree that the certificate no longer is suited for circulation, the beneficiary may demand that the company provide them with a new certificate in return for their producing the old one, provided that the substantial content and the distinctive features of the certificate are still clearly recognisable. The beneficiary is to bear the costs arising in this regard and is to advance them.