EX-3.1 2 0002.txt AMENDED ARTICLES OF INCORPORATION 1
EXHIBIT 3.1 Canada Business Loi canadienne sur les ARTICLES OF INCORPORATION STATUTS CONSTITUTIFS Corporations Act societes par actions (SUMMARY IN ENGLISH) (RESUME EN FRANCAIS) ----------------------------------------------------------------------------------------------------------------------------------- 1- Name of corporation Denomination de la societe EXFO Electro-Optical Engineering Inc. EXFO Ingenierie Electro-Optique inc. ----------------------------------------------------------------------------------------------------------------------------------- 2- The place in Canada where the registered office is to be situated Lieu au Canada ou doit etre situe le siege social Quebec City Metropolitan Area Region metropolitaine de Quebec ----------------------------------------------------------------------------------------------------------------------------------- 3- The classes and any maximum number of shares that the Categories et tout nombre maximal d'actions que la corporation is authorized to issue societe est autorisee a emettre Schedule A attached hereto is incorporated herein L'annexe A ci-jointe fait partie integrante du present by reference as if herein set forth at length formulaire. ----------------------------------------------------------------------------------------------------------------------------------- 4- Restrictions, if any, on share transfers Restrictions sur le transfert des actions, s'il y a lieu None Aucune ----------------------------------------------------------------------------------------------------------------------------------- 5- Number (or minimum and maximum number) of directors Nombre (ou nombre minimal et maximal) d'administrateurs Schedule B attached hereto is incorporated herein by reference L'annexe B ci-jointe fait partie integrante du present as if herein set forth at length formulaire ----------------------------------------------------------------------------------------------------------------------------------- 6- Restrictions, if any, on business the corporation may carry on Limites imposees a l'activite commerciale de la societe, s'il y a lieu None. Aucune. ----------------------------------------------------------------------------------------------------------------------------------- 7- Other provisions, if any Autres dispositions, s'il y a lieu The directors may, without obtaining the authorization Les administrateurs peuvent, sans devoir obtenir of the shareholders, borrow money on the credit of the l'autorisation des actionnaires, contracter des Corporation, issue bonds and other securities,give a emprunts sur le credit de la Societe, emettre des guarantee on behalf of the Corporation to secure obligations et autres valeurs mobilieres, garantir, performance of an obligation of any person and au nom de la Societe, l'execution des obligations mortgage, hypothecate, pledge or create a security d'une autre personne et grever d'une surete, notamment interest in the Corporation's properties. par hypotheque, les biens de la Societe. ----------------------------------------------------------------------------------------------------------------------------------- : : : : ----------------------------------------------------------------------------------------------------------------------------------- : -----------------------------------------------------------------------------------------------------------------------------------
2 SCHEDULE A DESCRIPTION OF CURRENT SHARE CAPITAL (SUMMARY IN ENGLISH) The Corporation is authorized to issue an unlimited number of Class "A" Shares, Class "B" Shares, Class "C" Shares, Class "D" Shares, Class "E" Shares, Class "F" Shares and Class "G" Shares, all without par value. The following is a summary of the rights, privileges, restrictions and conditions attached thereto: Class "A" Shares: Voting and participating; Class "B" Shares: Non-voting, participating, redeemable at the option of the holder at their paid-in value, ranking in priority to Class "A", Class "E" and Class "F" Shares; Class "C" Shares: Non-voting, non-participating, bearing a non-cumulative annual dividend at a rate to be determined by the Board of Directors but not less than 10% of their paid-in value, redeemable at the option of the holder or Corporation at their paid-in value plus any unpaid dividends, ranking in priority to Class "A" Shares, Class "B" Shares and Class "F" Shares; Class "D" Shares: Non-voting, non-participating, bearing a cumulative annual dividend calculated on their paid-in value using the Bank of Canada base rate in effect at the beginning of the Corporation's fiscal year, redeemable at the option of the Corporation at their paid-in value plus any unpaid dividends, ranking in priority to Class "A" Shares, Class "B" Shares, Class "C" Shares and Class "F" Shares; Class "E" Shares: Non-voting, non-participating, bearing a non-cumulative dividend at a rate of 0.5% per month of their paid-in value, redeemable at the option of the holder or the company at their paid-in value plus a premium and any unpaid dividends, ranking in priority to Class "A" Shares, Class "C" Shares, Class "D" Shares and Class "F" Shares; Class "F" Shares: Non-voting, participating, automatically converted into the class of shares offered to the public upon an initial public offering for shares of the Corporation; Class "G" Shares: Non-voting, non-participating, mandatorily redeemable on November 30, 2000 at their paid-in value, ranking in priority to Class "B" Shares, Class "C" Shares, Class "D" Shares and Class "E" Shares; the Corporation may elect to settle the redemption value, provided the Corporation has effected an initial public offering of its Class "A" Shares, 3 by issuing the number of Class "A" Shares obtained by dividing the paid-in value of the Class "G" Shares, being C$800,000, by the average trading price of the Class "A" Shares for a period of ten trading days preceding November 30,2000; ranking after Class "A" and Class "F" Shares. 4 SCHEDULE B ANNEXE B NUMBER (OR MINIMUM AND MAXIMUM NUMBER) OF DIRECTORS The minimum number of directors shall be 3, and the maximum number of directors shall be 12. Moreover, directors shall be authorized to appoint one or more directors (in addition to the number of directors elected at the last annual meeting of shareholders) who shall hold office for a term expiring not later than the close of the next annual meeting of shareholders, but the total number of directors so appointed may not exceed one third of the number of directors elected at the previous annual meeting of shareholders.