DECISIONS OF THE REPEATED EXTRAORDINARY GENERAL MEETING

    
PRESS RELEASE

1. Approved the new provisions related to the Company’s business objective and consequent amendment of the article 3 of the Company’s Articles of Association. Specifically, the need for modification of the company’ business objective stems from the extension of the company’s activities in the retail sale of cosmetics and perfumes as well as in the services of aestheticians (body & face care) and relevant services.
2. Approved a share capital increase via capitalization of reserves and consequent amendment of the article 5 of the Company’s Articles of Association. The company’s share capital was increased by 1.144.408,20 EUR, of which 954.712,46 EUR come from the capitalization of revaluation of the company’s property reserves (L. 2065/92) and the rest 189.695,74 EUR come from the capitalization of a part of the non-taxed investment reserves. Following the aforementioned increase, the company’s share capital amounts to 58.364.818,20 EUR.
3. Approved the increase in the stock’s nominal value due to the share capital increase and amendment of the article 5 of the Company’s Articles of Association. In particular, due to the aforementioned share capital increase, the stock’s nominal value increases from 1,50 to 1,53 EUR per stock.