ARTICLE 11: CALCULATION OF CONTRIBUTIONS FOR FISCAL YEARS AND PER MONTH

When the tax laws establish that contributions will be calculated for fiscal years, they will coincide with the calendar year. When the legal entities begin their activities after January 1st, in that year the fiscal year will be irregular, the day on which activities commence must begin and end on December 31 of the year in question.

In the cases in which a company enters into settlement, by merged or spin-off, whenever the parent company disappears, the fiscal year will end early on the date it enters into settlement, if merged or spin-off, respectively. In the first case, it will be considered that there will be an exercise for all the time the company is in settlement.

When the tax laws establish that the contributions are calculated per month, it will be understood that it corresponds to the calendar month.