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REVOCATION OF A POWER OF ATTORNEY for the 9th Annual General Meeting of MAG Austria Metal AG on July 21, 2020, 11:00 hours 5282 Braun am Inn Ransomed Virtual Annual General Meeting: www.amagal4u.com/investorrelations/ordentlichehauptversammlung2020Information
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Step 1: Begin by stating your name, address, and contact information at the top of the revocation of power form.
02
Step 2: Clearly identify the power of attorney document that you wish to revoke by mentioning its title, date, and the parties involved.
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Step 3: State your intention to revoke the power of attorney clearly and unequivocally. Use explicit language like 'I hereby revoke' to make your intention clear.
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Step 4: Attach a copy of the original power of attorney document to the revocation form to provide supporting evidence.
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Step 5: Sign and date the revocation form in the presence of a notary public or two witnesses, depending on the legal requirements in your jurisdiction.
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Step 6: Keep a copy of the completed revocation of power form for your records and provide a copy to all relevant parties involved.

Who needs revocation of a power?

01
Anyone who has previously granted someone else power of attorney may need to revoke that power under certain circumstances.
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This may include individuals who no longer trust or wish to be represented by the appointed agent, or instances where the agent has abused their authority.
03
It is also common for individuals to revoke a power of attorney when they want to grant someone else a new power of attorney.
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Revocation of a power refers to the formal cancellation or nullification of a power of attorney, which grants an individual authority to act on behalf of another.
The principal, or the person who granted the power of attorney, is required to file the revocation of a power.
To fill out a revocation of power, one must complete a specific form that includes their name, the agent's name, the date of the original power of attorney, and a statement declaring the revocation.
The purpose of revocation of a power is to formally terminate the agent's authority to act on behalf of the principal and to protect the principal's interests.
The revocation form must include the principal's name, the agent's name, the date the power was originally granted, and a statement declaring the power of attorney is revoked.
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