EXTRACTS OF MINUTES

OF THE 23rd/17.9.2019 MEETING OF THE BOARD OF DIRECTORS

Item:    - Resignation of BoD members

- New composition of BoD

- HEDNO SA representation– Assignment of responsibilities

The Board of Directors, following the resignations of its members, Mr. Vasileios Dimitrios and Dimitrios Tsekeris, on 28.8.2019 decided that the new composition shall be as follows:

  1. Hatziargyriou Nikolaos of Dimitrios, Chairman of the BoD, Non-Executive Member
  2. Oktapodas Stefanos of Nikolaos, CEO, Executive Member
  3. Misdanitis Athanasios of Konstantinos, Consultant and Deputy CEO, Executive Member
  4. Aggelopoulos Georgios of Konstantinos, Consultant, Non-Executive Member
  5. Masouras Konstantinos of Theofanis, Consultant, Non-Executive Member, Representative of Employees
  6. Spanou Lambrini, Consultant, Non-Executive Member

The term of all five board members will end on 16.8.2021.

The term of the representative of the employees will end on 27.6.2022.

Regarding the assignment of responsibilities - HEDNO S.A. representation, the following BoD decisions are in force and validated:

  1. 2204/26.11.2018
  2. 328/22.10.2015
  3. 327/22.10.2015
  4. 139/5.12.2013, para.3
  5. 46/18.4.2013.

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Item:  Approval of the Financial Statements for the period 01.01.2019 – 30.06.2019, in compliance with the International Financial Reporting Standards.

The Board of Directors approved the Financial Statements of HEDNO S.A. for the period 01.01.2019 to 30.06.2019, which have been drawn up in compliance with the International Financial Reporting Standards and include the following:

  • Income Statement
  • Financial Position Statement
  • Comprehensive Income Statement
  • Cash Flow Statement
  • Changes in Equity Statement

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