EXTRACT OF MINUTES

OF THE 12th/13.05.2021 MEETING OF THE BOARD OF DIRECTORS

Item: Approval of the Financial Statements for the period between 01.01.2021 – 31.03.2021, in compliance with the Financial Reporting Standards.

The Board of Directors approved the Financial Statements of HEDNO S.A. for the period 01.01.2021 to 31.03.2021 which have been drawn up in compliance with the International Financial Reporting Standards and include the following:

  1. Financial Statements, including:
  • Comprehensive Income Statement
  • Financial position statement
  • Cash Flow Statement
  • Changes in Equity Statement
  1. Notes accompanying the aforementioned Financial Statements and being an integral part thereof.

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Item: Approval of the 2nd review of the operating and investment budget of HEDNO S.A. For year 2021.

The Board of Directors approved the 2nd review of the Operating and Investment Budget for year 2021.

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Item:  Tender no. 507003/14.10.2020 for the supply of MV Cellular Panel Units for Substations and Substation Customers I and II as well as parts thereof.    

Validation of the results of the above tender and and assignment of the respective procurement.

 The Board of Directors has decided:

  1. The approval of the results of tender no. 507003/14.10.2020 for the supply of MV Cellular Panel Units for Substations and Substation Customers I and II as well as parts thereof (Groups A, B and C)
  2. appointment of economic operator SABO ELECTRIC S.A. as the provisional contractor for the above tender for the total amount of the supply (Groups A, B and C) for the total price of EUR 7,329,018.00 (plus VAT) for delivery of the materials to the Regional warehouses of HEDNO S.A. on vehicle owned by the contractor.

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