ABSTRACT OF MINUTES
OF THE 6th/12.3.2015 MEETING OF THE BOARD OF DIRECTORS


Subject: Amendment of PPC’s property lease

The Board of Directors decided the amendment of the 27.6.2013 Agreement of PPC’s property lease for buildings, offices, warehouses etc. as well as open areas, with total building surface of 187,665.49 square meters and open areas of 754,793.69 square meters, for total monthly price of 851,400 €.

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Subject: Contract no ΔΔ-187/2101112/22.12.2010 with “ATHONIKI TECHNIKI S.A.” for the implementation of the Project: “NETWORKS OF ANDROS-TINOS” of the Department of Attica Region.
Increase of the price for the above mentioned Contract.

The Board of Directors decided the increase of the contractual price concerning the Contract no ΔΔ-187/2101112/22.12.2010 for the implementation of the project “NETWORKS OF ANDROS-TINOS” of the Department of Attica Region, by 750,000.00 € which corresponds to a percentage of 12.25%, with the same terms and the same discount percentage of 10% and simultaneous coverage with the relevant good performance letters of guarantee.
The total increase of the Contractual Price for the above mentioned Contract will reach 1,250,000 €, that is, a percentage of 20.42%.

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Subject: Contract no ΔΔ-187/2102134/3.12.2010 with “TES S.A.” for the implementation of the Project: “NETWORKS OF KILKIS REGION” of the Department of Macedonia-Thrace Region”.
Increase of the price for the above mentioned Contract.

The Board of Directors approved further increase of the contractual price concerning the Contract no ΔΔ-187/2102134/3.12.2010 with “TES ATE” for the implementation of the project “Networks of Kilkis Region” of the Department of Macedonia-Thrace Region” by 250,000 €, which corresponds to a percentage of 8.71 %, with the same terms and the same discount percentage of 30% and simultaneous coverage with the relevant good performance letters of guarantee.
The total increase of the contractual price for the above mentioned Contract will reach 818,000 €, that is, a percentage of 28.50%.

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Subject: Contract no ΔΔ-187/2102128/22.12.2010 with “ATHONIKI TECHNIKI SA – PYTHAGORAS ATE” for the implementation of the Project: “NETWORKS OF VEROIA REGION” of the Department of Macedonia- Thrace Region”.
Increase of the price for the above mentioned Contract.

The Board of Directors approved further increase of the contractual price concerning the Contract no ΔΔ-187/2102128/22.12.2010 with “ATHONIKI TECHNIKI SA – PYTHAGORAS ATE” for the implementation of the Project: “NETWORKS OF VEROIA REGION” of the Department of Macedonia-Thrace Region”, by 155,000 €, which corresponds to a percentage of 4.03%, with the same terms and the same discount percentage of 30% and simultaneous coverage with the relevant good performance letters of guarantee.
The total increase of the contractual price for the above mentioned Contract will reach 1,923,000€, that is, percentage of 49.95% .

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Subject: Contract no ΔΔ-187/2102123/17.12.2010 with “DOMOTECHNIKI SA” for the implementation of the Project: “NETWORKS OF KOMOTINI REGION” of the Department of Macedonia- Thrace Region”.
Increase of the price for the above mentioned Contract.

The Board of Directors approved further increase of the contractual price concerning the Contract no ΔΔ-187/2102123/17.12.2010 with “DOMOTECHNIKI SA” for the implementation of the Project: “Networks of Komotini Region” of the Department of Macedonia- Thrace Region”, by 330,000 €, which corresponds to a percentage of 6.93%, with the same terms and the same discount percentage of 30% and simultaneous coverage with the relevant good performance letters of guarantee.
The total increase of the contractual price for the above mentioned Contract will reach 880,000€, that is, percentage of 18.49%.

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Subject: Contract no ΔΔ-187/2102122/3.12.2010 with “TES S.A.” for the implementation of the Project: “NETWORKS OF ALEXANDROPOULI REGION” of the Department of Macedonia- Thrace Region”.
Increase of the price for the above mentioned Contract.


The Board of Directors approved further increase of the contractual price concerning the Contract no ΔΔ-187/2102122/3.12.2010 with “TES S.A.” for the implementation of the Project: “NETWORKS OF ALEXANDROPOULI REGION” of the Department of Macedonia- Thrace Region” , by 700,000 €, which corresponds to a percentage of 4.03%, with the same terms and the same discount percentage of 28% and simultaneous coverage with the relevant good performance letters of guarantee.
The total increase of the contractual price for the above mentioned Contract will reach 1,010,758 €, that is, percentage of 16.71% .

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Subject : Contract no ΔΔ-187/2102131/8.12.2010 with “PYTHAGORAS ATE” for the implementation of the Project: “NETWORKS OF FLORINA REGION” of the Department of Macedonia- Thrace Region”.
Increase of the price for the above mentioned Contract.

The Board of Directors approved further increase of the contractual price concerning the Contract no ΔΔ-187/2102131/8.12.2010 with “PYTHAGORAS ATE” for the implementation of the Project: “NETWORKS OF FLORINA REGION” of the “Department of Macedonia- Thrace Region”, by 365,000 €, which corresponds to a percentage of 15.70 %, with the same terms and the same discount percentage of 25% and simultaneous coverage with the relevant good performance letters of guarantee.
The total increase of the contractual price for the above mentioned Contract will reach 1,159,734€, that is, percentage of 49.88%.

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Subject: Continuance of the Choir operation with the distinctive title “PPC–HEDNO Choir” for the year 2015. 
 
The Board of Directors decided the continuance of the Choir operation under the distinctive title “PPC-HEDNO Choir” for the year 2015, with maximum budget of 70,000 euros which will be divided between PPC S.A. and HEDNO S.A. proportionally with a percentage of 60% and 40% respectively, taking into account the suppression of expenses and the optimization of the communication results, as well as the recruitment under open procedure for the provision of services of art director for the choir with maximum amount of 20,000 Euros.


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