Constantinou Bros Hotels Public Company LTD

AGM Information • Jun 8, 2017

8 th June, 2017

To: Mr Nondas Metaxas Director General-CEO of The Cyprus Stock Exchange Nicosia.

Dear Mr. Metaxas,

Subject: Decisions of the Annual General Meeting

During the Annual General Meeting of the shareholders of Constantinou Bros Hotels Public Company Ltd, which took place today on Thursday, June 8 th, 2017 at Athena Beach Hotel, the following were decided:

1. The Board of Directors' Report, the Auditors' Report and the adoption of the Financial Statements for the year ended December 31, 2016 were approved.

2. Mr Giorgo Constantinou, Mr Andreas Gregoriou and Mr Andreas Anastasiou stood down from their positions as members of the Board of Directors pursuant to the Articles of Association of the Company for the standing down in rotation of the Directors, and subsequently, the General Assembly re-elected them as members of the Board of Directors of the Company.

3. The remuneration of the members of the Board of Directors was approved.

4. It was decided that Messrs. PricewaterhouseCoopers are re-appointed as Auditors of the Company, and the Board of Directors was authorised to fix their remuneration for the year 2017.

The Secretary,

A. Anastassiou

Copy to: The Capital Market Committee