Each share is furnished with the same rights and obligations. Shareholders are entitled to property and administrative rights. The main property rights include the right to participate in profits (Section 58 (4) AktG – German Stock Corporation Act) and to any liquidation proceeds (Section 271 AktG), as well as the right to subscribe to shares in the event of capital increases (Section 186 AktG). Each shareholder’s entitlement to a share in the profits of the Company is determined by his/her share in the subscribed capital (Section 60 AktG). The administrative rights include the right to attend AGMs and the right to speak, submit questions and motions, and exercise voting rights at such meetings. A shareholder may, in particular, assert these rights through actions for disclosure (Section 132 AktG) and actions for rescission (Section 246 AktG). Pursuant to Section 4 (4) of the Articles of Association, shareholders are not entitled to the individual certification of their shares.