1. The auditor may resign by virtue of written notice submitted to the Company’s secretary. Consequently, the auditor’s mandate expires on the notice date, or any subsequent date, as mentioned in the notice. 

2. The resigning auditor shall submit a report to the Company’s secretary detailing the reasons of its resignation. The Board shall call for General Assembly meeting to convene within ten (10) days of the auditor resignation date to discuss the reasons for the resignation and appoint a new auditor and determine its remuneration.