Asbis Enterprises PLC — AGM Information 2016

May 27, 2016

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on approval of the reports of the directors and auditors of ASBISc Enterprises PLC for the year ended 31 December 2015

§1

After consideration of the reports of the directors and the auditors of the Company for the year ended 31 December 2015, the Annual General Meeting of Shareholders hereby approves the director' and auditors' reports of ASBISc Enterprises PLC for the year ended 31 December 2015, attached to the Resolution.

§2

This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016

on approval of the audited financial statements of ASBISc Enterprises PLC for the year ended 31 December 2015

§1

After consideration of the audited financial statements of the Company for the year ended 31 December 2015, the Annual General Meeting of Shareholders hereby approves the audited financial statements of ASBISc Enterprises PLC for the year ended 31 December 2015, attached to the Resolution.

§2

This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on approval of the auditors' remuneration of ASBISc Enterprises PLC for the year ended 31 December 2015

§1

The Annual General Meeting of Shareholders, having fully considered the undernoted matters, hereby approves the auditors' remuneration for the year ended 31 December 2015, amounting to US\$ 342,720.

§2

This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on authorization to the Board of Directors to appoint the auditors of ASBISc Enterprises PLC and fix their remuneration for the year 2016

§1

The Annual General Meeting of Shareholders, having fully considered the undernoted matters, hereby authorizes the Company's Board of Directors to appoint the auditors of ASBISc Enterprises Plc and to fix their remuneration for the year 2016 at a later date.

§2

This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on the re-election of the Director of ASBISc Enterprises Plc

§1

The Annual General Meeting of Shareholders, having fully considered the under-noted matters, hereby re-elects Mr. Siarhei Kostevich, who retires from his office but being eligible offered himself for re-election.

§2 This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on the re-election of the Director of ASBISc Enterprises Plc

§1

The Annual General Meeting of Shareholders, having fully considered the under-noted matters, hereby re-elects Mr. Marios Christou, who retires from his office but being eligible offered himself for re-election.

§2

This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on the re-election of the Director of ASBISc Enterprises Plc

§1

The Annual General Meeting of Shareholders, having fully considered the under-noted matters, hereby re-elects Mr. Yuri Ulasovich, who retires from his office but being eligible offered himself for re-election.

§2 This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on the re-election of the Director of ASBISc Enterprises Plc

§1

The Annual General Meeting of Shareholders, having fully considered the under-noted matters, hereby re-elects Mr. Chris Pavlou, who retires from his office but being eligible offered himself for re-election.

§2 This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on the re-election of the Director of ASBISc Enterprises Plc

§1

The Annual General Meeting of Shareholders, having fully considered the under-noted matters, hereby re-elects Mr. Demos Demou, who retires from his office but being eligible offered himself for re-election.

§2 This resolution shall be in force and effect from the date of its adoption.

RESOLUTION No. ... of the Annual General Meeting of Shareholders of ASBISc Enterprises PLC dated 23 June 2016 on the dividends of ASBISc Enterprises PLC for the year ended 31 December 2015

§1

The Annual General Meeting of Shareholders, declares no dividend payment for the year ended December 31st, 2014, in line with recommendation of the Company's Board of Directors. The loss for the year ended December 31st, 2015 will be covered with profits of future periods.

§2 This resolution shall be in force and effect from the date of its adoption.