SEC Filing Document

Company: Palermo Technologies Inc.
Ticker: 
CIK: 2101355
Filing Type: S-1
Document Type: EX-3.2
Date Filed: 2026-01-20
Accession Number: 0002097570-26-000005
Exchange: 
SIC Code: 4899
SIC Description: Communications Services, NEC
URL: https://www.sec.gov/Archives/edgar/data/2101355/000209757026000005/exhibit3_2.htm

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such settlement and the cost and expense incurred in connection therewith. ARTICLE GENERAL PROVISIONS Section 10.01. Dividends and Reserves. (A) Subject to statute, the Certificate of Incorporation and these Bylaws, dividends may be declared by the board of directors at any regular or special meeting and may be paid in cash, in property, or in shares of the Corporation. The declaration and payment shall be at the discretion of the board of directors. resolution, the board of directors may create such reserve or reserves out of the earned surplus of the Corporation as the directors from time to time, in their discretion, think proper to provide for contingencies, or to equalize dividends, or to repair or maintain any property of the Corporation, or for any other purpose they think beneficial to the Corporation. The directors may modify or abolish any such reserve in the manner in which it was created.

Section
10.02. Books and Records. The Corporation shall keep correct and complete books and records of account, shall keep minutes of the proceedings
of its shareholders and board of directors, and shall keep at its registered office or principal place of business, or at the office
of its transfer agent or registrar, a record of its shareholders, giving the names and addresses of all shareholders and the number and
class of shares held by each.

Section
10.03. Annual Statement. The board of directors shall mail to each shareholder of record, at least ten days before each annual meeting
a full and clear statement of the business and condition of the Corporation, including a reasonably detailed balance sheet, income statement,
surplus statement, and statement of changes in financial position, for the last fiscal year and for the prior fiscal year, all prepared
in conformity with generally accepted accounting principles applied on a consistent basis.

Section
10.04. Checks and Notes. Checks, demands for money and notes of the Corporation shall be signed by officer(s) or other person(s) designated
from time to time by the board of directors.

Section
10.05. Fiscal Year. The fiscal year of the Corporation shall be fixed by resolution of the board of directors.

Section
10.06. Seal. The corporate seal of the Corporation (of which there may be one or more exemplars) shall contain the name of the Corporation
and the name of the state of incorporation. The seal may be used by impressing it or reproducing a facsimile of it, or otherwise.

Section
10.07. Amendment of Bylaws.

(A)	These
Bylaws may be altered, amended or repealed at any meeting of the board of directors at which
a quorum is present, by the affirmative vote of a majority of the directors present at such
meeting, provided notice of the proposed alteration, amendment, or repeal is contained in
the notice of the meeting.

(B)	These
Bylaws may also be altered, amended or repealed at any meeting of the shareholders at which
a quorum is present or represented, by the affirmative vote of the holders of a majority
of the shares present or represented at the meeting and entitled to vote thereat, provided
notice of the proposed alteration, amendment or repeal is contained in the notice of the
meeting.

Section
10.08. Construction. Whenever the context so requires, the masculine shall include the feminine and neuter, and the singular shall include
the plural, and conversely. If any portion of these bylaws shall be invalid or inoperative, then, so far as is reasonable and possible:
(a) the remainder of these Bylaws shall be considered valid and operative and (b) effect shall be given to the intent manifested by the
portion held invalid or inoperative.

Section
10.09. Table of Contents; Headings. The table of contents and headings are for organization, convenience and clarity. In interpreting
these bylaws, they shall be subordinated in importance to the other written material.

Section
10.10. Relation to Certificate of Incorporation. These bylaws are subject to and governed by the Articles of Incorporation.

Adopted
by the directors on this 2nd day of July, 2025.

Palermo
Technologies Inc.

Roger McClay

Roger
McClay

Director,
President & C.E.O.