Lordos Hotels (Holdings) Public LTD

AGM Information • Jul 15, 2021

LORDOS HOTELS (HOLDINGS) PUBLIC LTD

ANNUAL GENERAL MEETING

The Annual General Meeting of the Company, held on 15/07/2021, was attended by 10 shareholders present in person and 24 present by proxy, representing 81.34% of the issued shares.

The Agenda contained Ordinary Business only. The Management Report, the Audited Financial Statements of the holding Company, the Audited Consolidated Financial Statements, the Corporate Governance Report and the Auditors' Report for 2020 were, inter alia, submitted. Shareholders were given the opportunity to participate in the discussions and the Remunerations Report was approved.

Director Mr. George Lordos, who retired by rotation, was re-elected. Mr. Takis Kyriakides, who retired by rotation, did not offer himself for re-election by the General Meeting.

Directors Mr. Theophanis Ionides, Ariana Lordou Anastasiades and Stephanie Phoebe Michaelidou, appointed by the Board of Directors on 27/10/2020, Messrs George Kiayias, Artemis Ioannidou Pantelidou, Thomas Kazakos and Andreas Marangos, also appointed by the Board of Directors on 20/01/2021, and Messrs Christophis Koufaris, Marios Ellinas and Adonis Elia, also appointed by the Board of Directors on 17/02/2021, were elected by the General Meeting.

The remuneration of the Chairman, the Vice-Chairmen and the Non-Executive directors was fixed as follows: Chairman: annual lump sum of €20,500, Vice-Chairmen: annual lump sum of €3,000 plus €250 per participation at a meeting of the Board of Directors and Non-Executive directors: annual lump sum of €2,500 plus €225 per participation at a meeting of the Board of Directors. The chairman of the Audit committee is remunerated with an additional annual lump sum of €2,000. Unless otherwise decided by the Board of Directors, the remuneration of the Non-Executive directors for their participation in the Committees established under the Code is the same as their remuneration for participating in the meetings of the Board of Directors.

KPMG Ltd were re-appointed auditors of the Company.

No matters were raised under Article 127B of the Companies Law and Provision D.2.1.e) of the Corporate Governance Code.

The statutory notifications in relation to the re-election and the elections, retirement and re-appointment are attached herewith.

Adaminco Secretarial Limited Secretary of Lordos Hotels (Holdings) Public Limited