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Resolutions of the Extraordinary General Meeting of Shareholders, 31/5/2016

Piraeus, 31/5/2016


Resolutions of the Extraordinary General Meeting of Shareholders


Piraeus port Authority announces that on Tuesday 31/5/2016, took place in the Athens Plaza hotel the Extraordinary General Meeting of shareholders of PPA S.A.
In the General Meeting were present shareholders representing 20.405.549 shares out of 25.000.000 shares, or percentage 81,62% of issued share capital. The regular General Meeting after discussion took the following decisions:

1. Approved the abolishment of the Articles 5, 6, 11, 12, 13, 14, 19 and 21 of the Incorporation.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
2. Approved the modification, restatement and renumbering the Articles 20 and 22 of the Incorporation.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
3. Approved the adding to the Articles of the Incorporation the new Article 12 about the Audit Committee.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
4. Approved the modification, merge into a single article and rules simplification of the Articles 15, 16, 17 and 18 of the Incorporation about the General Meeting.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
5. Approved the modification of the Articles 7, 8, 9 and 10 of the Incorporation about the Board of Directors, with the only difference concerning the place that can convene the Board of the Company.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.479 Against: 0 Abstention: 70 votes
6. Approved the modification and renumbering of Article 3 of the Incorporation about the Share Capital and Article 4 about the Shares.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
7. Approved the change purpose, subsequent modification and renumbering of Article 2 of the Incorporation.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.479 Against: 0 Abstention: 70 votes
8. Approved the modification, breakdown and subsequent partial renumbering provisions of Article 1 of the Incorporation.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
9. Approved the modification, abbreviation, simplification and codification into a single text of the Articles of the Incorporation provisions.
Number of common registered shares for which valid votes were cast: 20.405.549 (81,62% of the share capital).
Total valid votes: 20.405.549 For: 20.405.549 Against: 0 Abstention: 0 votes
Regarding the issues 10 and 11 of the agenda at the request of the main shareholder (HRADF) decided to postpone the discussion and decision for Friday 10 June 2016 in the offices of Athens Exchange (110 Athinon Ave.)
Also in the minutes of the meeting recorded and the commitment of the HRADF that the municipality of Piraeus will be represented on the Board by one of the positions to be held by the HRADF.
The adjourned Ordinary General Meeting is a continuation of today's meeting and repetition of the publicity formalities is not required (invitation for shareholders