Top Kinisis Travel Public LTD

AGM Information • Jun 16, 2022

Announcement

Nicosia, 15 June 2022

Decisions of the Extraordinary General Meeting of the Shareholders of TOP KINISIS TRAVEL PUBLIC LTD

The Extraordinary General Meeting of the Shareholders of TOP KINISIS TRAVEL PUBLIC LTD, held today, Wednesday 15 June 2022, at 4.30 p.m., at the Company's head offices, 2 Leonidou Str. and Akropoleos Avenue, was attended in person or by proxy by 13 shareholders. A total of 65.04% of the Company's issued capital attended or was represented.

The Extraordinary General Meeting unanimously adopted the following resolution:

SPECIAL RESOLUTION

"That the Company's nominal share capital be reduced, and it is hereby reduced, from 2,489,530.00, divided into 24,895,300 ordinary shares of a nominal value of €0.10 each, to €622,382.50, divided into 24,895,300 ordinary shares of a nominal value of €0.025 each.

That the Company's issued share capital be reduced, and it is hereby reduced from €1,221,201.10, divided into 12,212,011 ordinary shares of a nominal value of €0.10 each, to €305,300.28, divided into 12,212,011 ordinary shares of a nominal value of €0.025 each, and that such reduction be achieved with the reduction of the nominal value of the issued shares from €0.10 each to €0.025 each and that the amount of the reduction of €915,900.83 be credited to write off the Company's accumulated losses."

Tasos Kyzas Secretary TOP KINISIS TRAVEL PUBLIC LTD