Minerva Insurance Company Public LTD

Report Publication Announcement • Oct 9, 2019

Nicosia, 9 October 2019

To: CEO Cyprus Stock Exchange Nicosia,

Sir,

Re: Invitation to Annual General Meeting Posted

We hereby inform you that the invitations to the Annual General Meeting of the Company's shareholders to be held on Monday, 4 November 2019 at 10:30 a.m. at the Company's Head Office, 165, Athalassas Avenue, ANNA MARIA COURT, 2024 Strovolos, Nicosia, were posted to the Company's shareholders with the following agenda:

• (1) Directors' Report and the Independent Auditors' Report and submission and approval of the Company's audited financial statements for the year ended 31 December 2018. All documents will be available at the Company's Head Office and each member entitled to request and obtain a copy thereof may, if he so wishes, contact the Company's Shares Department.
• (2) Election of Board Members in replacement of those retired by rotation.
• (3) Fixing of the Board Members' remuneration.
• (4) Re-appointment of KPMG Limited as Independent Auditors and authorization of the Board of Directors to fix their remuneration.
• (5) Any other matter which may, pursuant to the Company's regulations, be presented at an Annual General Meeting.

Pursuant to the Companies Law, Cap.113, the Annual Report for 2018 will be available to the shareholders, as so notified, in electronic form via the CSE website (www.cse.com.cy) and in printed form at the Company' Head Office (165, Athalassas Avenue, 2024 Strovolos, Nicosia).

The Annual Report will also be available in printed form at the Company's Annual General Meeting.

Yours,

Takis Antoniou Secretary