Philoktimatiki Public LTD

AGM Information • Jun 9, 2023

PHILOKTIMATIKI PUBLIC LIMITED

9 June 2023

DECISIONS OF ANNUAL GENERAL MEETING OF PHILOKTIMATIKI PUBLIC LIMITED

The Annual General Meeting of Philoktimatiki Public Ltd, held on Thursday, 8 June 2023 at 5.00 p.m. at the offices of Philoktimatiki Public Ltd, 20, 25th March Str., 2408 Engomi, Nicosia, upon examining the Directors' Report and the Financial Statements for the year ended 31 December 2022, decided to adopt the Audited Financial Statements of the Company together with the Directors' Report and approved the following resolutions:

Resolution 1 - Appointment of Directors

Messrs George Theodosiou and Makarios Charalambides are re-elected members of the Company's Board of Directors.

Resolution 2 - Remuneration of the Members of the Board of Directors

The members of the Board of Directors will not be remunerated, with the exception of Ms. Sofia Paschalidou Miltiadou, as independent member of the Board of Directors and President of the Audit Committee, whose remuneration will be €3,000 per year, plus €100 per meeting attended, and Mr. Costas Constantinou, as independent director of the Board and member of the Audit Committee, whose remuneration will be €2,000 per year, plus €100 per meeting attended.

Resolution 3 – Appointment of Auditors and authorization of the Board of Directors to determine their remuneration

Deloitte Ltd were appointed Auditors and the Board of Directors was authorised to determine their fees.

Makarios Charalambides General Manager / Executive Director