By-Laws

Article 14

Auditors

(1) Two auditors are elected by the General Assembly for a term of four years. Re-election is possible. The auditors must not be allowed to be board members with the exception of the General Assembly – whose activity is the subject of the examination.

(2)The auditors are responsible for the day-to-day business control as well as the audit of the financial management of the association with regard to the regularity of accounting and the use of funds in accordance with the articles of association. The Management Board must provide the auditors with the necessary documents and provide the required information. The auditors shall report to the Board on the result of the audit.

(3)Legal transactions between auditors and the Association require the approval of the General Meeting. Otherwise, the provisions of Articel11 apply mutatis mutandis to the auditors.