Decisions of AGM held on 28.06.2018
Ιn accordance with paragraph 4.1.3.3 of the Athens Stock Exchange’s regulation, J&P-AVAX SA announces the following:
The Annual General Meeting of Company shareholders was held on June 28, 2018 at its headquarters, with 28,155,154 shares or 36.256% of total voting rights being represented.
Shareholders voted on the agenda as follows:
Item #1: Approval of the Directors’ Report and the Auditors’ Review Report, along with the annual financial report for the 01.01.2017-31.12.2017 period
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #2: Profit appropriation for the 01.01.2017-31.12.2017 period
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #3: Waiver of responsibility of the Board of Directors and the Auditors for the 2016 financial accounts
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #4: Election of Auditor and a substitute for the 2018 financial accounts
Unanimously approved the appointment of “BDO CERTIFIED PUBLIC ACCOUNTANTS SA” with 28,155,154 shares or 36.256% of voting rights cast in favour. The remuneration of the certified accountant to carry out the audit will be set by the Supervisory Board of the Union of Auditors, in accordance with article 18 of Presidential Decree 226/1992 and its amendments.
Item #5: Approval of remuneration of Board Directors for financial year 2017, and initial approval of remuneration of Board Directors for financial year 2018, in accordance with article 24 of Law 2190/1920
Unanimously approved the €900,000 total gross remuneration of Board members for 2017 and granted initial approval for an equal amount in 2018 with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #6: Election of new Board of Directors.
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour of the election of a new Board of Directors for a three-year term ending on 30.06.2021 comprising Mssrs Christos Joannou, Constantine Kouvaras, Constantine Mitzalis, Constantine Lysaridis, Athena Eliades, George Demetriou, Leoni Paraskevaidou Mavronikola, Aikaterini Pistioli, and independent, non-executive members Mssrs Alexios Sotirakopoulos and Christos Siatis.
Item #7: Election of new Audit Committee.
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour of the election of a new Audit Committee comprising Mssrs Aikaterini Pistioli, Christos Siatis and Alexios Sotirakopoulos.
Item #8: Approval of participation of the Company in other companies and joint ventures
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #9: Authorisation as per article 23a of Corporate Law2190/1920 for signing contracts between the Company and persons described in article 23a or related companies.
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #10: Authorisation as per article 23 of Corporate Law2190/1920 to Board Directors for participating in the management of companies with similar activities
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.
Item #11: Other announcements
[The assembly chairman informed shareholders of latest developments concerning the Company]
Unanimously approved with 28,155,154 shares or 36.256% of voting rights cast in favour.