Edison Bylaws

Approved by the Shareholders’ Meeting of December 13, 2005, as amended: (i) by the Shareholders’ Meeting of June 26, 2007; (ii) to reflect the change in share capital due to the exercise of the 2003-2007 Edison Warrants expiring on December 31, 2007; (iii) to reflect the exercise of the remaining stock options in April 2008; (iv) by the Board of Directors on February 11, 2009 (specifically amending Article 5.1, Article 5.5.a, Article 5.5.b and Article 24 to comply with changes in the applicable legislation); (v) by the Board of Directors on July 23, 2010 effective on November 1, 2010, (vi) by the Extraordinary Shareholdres' Meeting of April 24, 2012; effective on May 25, 2012 and lastly (vii) by the Extraordinary Shareholdres' Meeting of March 22, 2013.

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