Resolutions of the Ordinary General Shareholders’ Meeting

On May7th 2020, Thursday and at 14:00 p.m., the Ordinary General Shareholders’ Meeting of “GR. SARANTIS S.A.” took place and was conducted entirely through a teleconference procedure due to the current extraordinary circumstances and in line with precaution measures aiming to prevent the spread of the COVID-19. During the General Meeting, 136shareholders representing 56,081,143 shares were present, corresponding to a 80.26% of the company’s share capital. As a result, the company had the required by the law quorum and majority to make decisions on the daily agenda issues.

Specifically, the above Meeting:

1. Approved the Annual Company and Consolidated Financial Statements for the fiscal year 01/01/2019 - 31/12/2019, as well as the Board of Directors’ Annual Management Report and Auditors Reports, as these were uploaded in the company’s website and are included in the 2019 Annual Financial Report.

Moreover, approved the distribution of a gross dividend of 0.1604814 euro per share to the Company’s shareholders eligible for dividend payment and a total gross dividend of 11,214,034.09 euro. The dividend corresponding to the 2,731,600 shares held by the Company increases the dividend of the other shareholders and therefore the total gross amount of the dividend per share amounts to 0.16701 euro per share which is entitled to a dividend. The ex-dividend day is set for May 11th 2020, while the dividend payment will be realized on May 18th 2020.

The voting was as follows:

Positive votes: 55,854,367, i.e. 79.93% of the total shares and voting rights and 99.60% of the present votes.

Negative votes: 192,495, i.e. 0.28% of the total shares and voting rights and 0.34% of the present votes.

Abstain: 34,281, i.e. 0.05% of the total shares and voting rights and 0.06% of the present votes.

1. Approved the overall management of the company for the year 2019.

The voting was as follows:

Positive votes: 56,046,862, i.e. 80.21% of the total shares and voting rights and 99.94% of the present votes.

Negative votes: 0.

Abstain: 34,281, i.e. 0.05% of the total shares and voting rights and 0.06% of the present votes.

1. Discharged the statutory auditors from any liability for damages regarding the financial statements and the management of the financial year 2019.

The voting was as follows:

Positive votes: 56,046,862, i.e. 80.21% of the total shares and voting rights and 99.94% of the present votes.

Negative votes: 0.

Abstain: 34,281, i.e. 0.05% of the total shares and voting rights and 0.06% of the present votes.

1. Elected the audit firm “BDO CERTIFIED PUBLIC ACCOUNTANT S.A.” as the auditor for the financial year 01.01.2020 – 31.12.2020. Specifically, Mr. Kalogeropoulos V. Ioannis as regular Certified Auditor and Mr. Christophoros I. Ahiniotis as alternate Certified Auditor and approved the auditing company's fee as the minimum fee defined by law plus VAT.

The voting for the aforementioned resolution was as follows:

Positive votes: 45,087,481, i.e. 64.52% of the total shares and voting rights and 80.40% of the present votes.

Negative votes: 10,562,223, i.e. 15.12% of the total shares and voting rights and 18.83% of the present votes.

Abstain: 431,439, i.e. 0.62% of the total shares and voting rights and 0.77% of the present votes.

1. Approvedthe Company’s Remuneration Report of the Board of Directors for the year 2019, which includes a comprehensive overview of all remuneration received by the members of the Board of Directors within 2019, which is prepared according to the provisions of L.4548/2018 and is line with the Company’s Remuneration Policy approved by the General Shareholders’ Meeting dated June 18th 2019.

The voting was as follows:

Positive votes: 36,294,055, i.e. 51.94% of the total shares and voting rights and 64.72% of the present votes.

Negative votes: 19,703,088, i.e. 28.20% of the total shares and voting rights and 35.13% of the present votes.

Abstain: 84,000, i.e. 0.12% of the total shares and voting rights and 0.15% of the present votes.

RESOLUTIONS OF THE ORDINARY GENERAL SHAREHOLDERS’ MEETING (131.8KB)