Cosmos Insurance Company Public LTD

AGM Information • Aug 6, 2020

ANNOUNCEMENT

Pursuant to the relevant regulations of the Cyprus Stock Exchange and of the Cyprus Securities and Exchange Commission and in order to fully inform shareholders and investors in general, COSMOS INSURANCE PUBLIC COMPANY LTD announces that the Annual General Meeting of its Shareholders held on 5 August 2020 at 17:00 p.m. in Nicosia, resolved as follows:

1. Financial Statements / Annual Report 2019

It examined and approved the Consolidated Accounts and the Financial Statements of the Company for the year ended 31 December 2019 as audited by the Company's external auditors as well as the Management Report, the Corporate Governance Report and the Auditors' Report. The Annual Report is available on the Company's website www.cosmosinsurance.com.cy

2. Election of Board Members

Messrs. Marios Kyriacou and Michael Tyllis resigned by rotation pursuant to the Company's Articles of Association. The term of Mr. Marios Loucaides expired at this General Meeting as he had been appointed by decision of the Board of Directors after the last Annual General Meeting. All the above offered themselves for re-election. Messrs. Marios Loucaides and Marios Kyriacou were re-elected Board members while Mr. Michael Tyllis was not re-elected.

Messrs. Natasa Agathocleous, Andreas Karydes, Elias A. Agapiou, Constantinos D. Lambrianides and Polycarpos Panayiotou were proposed for appointment to the Board of Directors by a shareholder holding over 5% of the Company's share capital pursuant to the provisions of the Articles of Association. The General Meeting did not approve the appointment of the aforementioned persons.

3. Remuneration of Board Members

It decided that the remuneration of the Board Members remains the same.

4. Appointment of Auditors

It approved the appointment of the audit firm PricewaterhouseCoopers Limited as Auditors of the Company for the current year and authorised the Board of Directors to fix their remuneration.

Nicosia, 6 August 2020

Adamos Konias

Secretary