Title 1 - Name, registered office and corporate purpose

Article 1 - The founders - see list hereafter - are willing to create within themselves a
European Economic Interest Grouping complying with the Belgian Law of 12.07.1989
concerning this type of association and with Council Regulation 2137/85 of
25.07.1985.

Article 2 - The Grouping’s name will be “European Lift Components Association”, or
E.L.C.A. Before or after the expression of this name, the definition “European
Economic Interest Grouping” or its correspondent initials (EEIG) will always be
mentioned.

Article 3 - The registered office will be located in Avenue Marcel Thiry 204, 1200,
Brussels (Belgium). Nevertheless, its pertinent decision-making bodies can decide,
with an unanimous vote, to move the registered office to any other place within the
European Union. The pertinent decision-making institutions - with a decision
approved by two thirds of their members - can decide to move the registered office
within the same country provided that the national legislation in force is not different.
They can also decide to set up new buildings in any other EU country.

Article 4 - Corporate purpose
The corporate purpose includes representation, development and protection of its
members’ common interests as European lifts, goods lifts components manufacturers,
within the European Union. All activities with this regard will be undertaken.
The corporate purpose includes the participation, with simple decision of the
Management Board, into any public or private bodies having concern with the lifts
sector; moreover, the corporate purpose includes the collaboration concerning security
and quality of components and any type of activity that the Grouping’s statutory
bodies consider as useful components for institutional purposes. Further more, the
Grouping is intended to raise the awareness of the social useful function of lifts for
people and materials.