Hili Properties Plc

AGM Information • Jun 27, 2023

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Hili Properties p.l.c. (the "Company") pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta), as amended from time to time.

QUOTE

The Company announces that, earlier today, if held its Annual General Meeting (the "AGM"), during which all resolutions on the agenda put forward for approval by the shareholders were approved, namely:

Ordinary Resolutions

• 1. That the Consolidated Financial Statements for the financial period ended 31 December 2022 and the Directors' and Auditors' report thereon be hereby received and approved;
• 1. That a dividend of €4,329,641 equivalent to €0.0108 per share, following rounding is declared;
• 1. That the appointment of Grant Thornton Malta as auditors of the Company be hereby approved and that the Board of Directors be hereby authorized to fix their remuneration.

Appointment of Directors

In view of the fact that, following a call for nomination of directors pursuant to the Company's Articles of Association, the number of nominations received was equal to the number of vacancies, no election took place, and the incumbent nominees were appointed as Directors of the Company in accordance with the Articles of Association of the Company, with no resolutions being required in this respect. The composition of the Board remains unchanged, and the following persons were, therefore reappointed to the position of Directors of the Company in accordance with the Articles of Association and will hold office up to the next AGM:

• Pier Luca Demajo (Chairman and Independent, non-Executive Director)
• Georgios Kakouras (Executive Director)
• Peter Hili (non-Executive Director)
• Eddy Vermeir (non-Executive Director)
• Laragh Cassar (Independent, non-Executive Director)
• David Aquilina (Independent, non-Executive Director)

UNQUOTE

BY ORDER OF THE BOARD