Asbis Enterprises PLC — AGM Information 2019

May 8, 2019

RESOLUTION No. 1 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 on approval of the reports of the directors and auditors of ASBISc Enterprises Plc for the year ended 31 December 2018

§1

After consideration of the reports of the directors and the auditors of the Company for the year ended 31 December 2018, the Annual General Meeting of Shareholders hereby approves the directors' and auditors' reports of ASBISc Enterprises Plc for the year ended 31 December 2018, attached to the Resolution.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

The following number of votes were cast with respect to the resolution:

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 2 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 on approval of the audited financial statements of ASBISc Enterprises Plc for the year ended 31 December 2018

§1

After consideration of the audited financial statements of the Company for the year ended 31 December 2018, the Annual General Meeting of Shareholders hereby approves the audited financial statements of ASBISc Enterprises Plc for the year ended 31 December 2018, attached to the Resolution.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 3 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 on approval of the auditors' remuneration of ASBISc Enterprises Plc for the year ended 31 December 2018

§1

The Annual General Meeting of Shareholders, having fully considered the undernoted matters, hereby approves the auditors' remuneration for the year ended 31 December 2018, amounting to US\$ 377,666.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

The following number of votes were cast with respect to the resolution:

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 4 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 on authorization to the Board of Directors to fix the auditors remuneration of ASBISc Enterprises Plc for the year 2019

§1

The Annual General Meeting of Shareholders, having fully considered the undernoted matters, hereby authorizes the Company's Board of Directors to discuss with the auditors of ASBISc Enterprises Plc and to fix their remuneration for the year 2019 at a later date.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 5 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 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 Constantinos Tziamalis, who retires from his office but being eligible offered him for re-election.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

The following number of votes were cast with respect to the resolution:

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 6 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 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 Tasos.A. Panteli, who retires from his office but being eligible offered him for re-election.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 7 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 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 him for re-election.

§2

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 8 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 8 May 2019 on the dividends of ASBISc Enterprises Plc for the year ended 31 December 2018

§1

The Annual General Meeting of Shareholders declares a final dividend payment for the year ended December 31st, 2018 amounting to USD 0.05 (five USD cents) per share and USD 2,775,000 in total, in line with the recommendation of the Company's Board of Directors.

The Annual General Meeting has aknowledged the decision of the BOD to approve an interim dividend of USD 2,775,000 in December 2018.

The remaining part of the profit for the year ended December 31st, 2018, will be transferred to retained earnings.

The Annual General Meeting of Shareholders sets the dividend date for 21st of May 2019 and the dividend payout date for 4th of June 2019.

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

Voting results

A number of shares for which valid votes were cast: 23,310,117 which constitutes 42.0% of the share capital.

• a total number of valid votes: 23,310,117;
• votes "in favor" of the resolution: 23,310,117;
• votes "against" the resolution: 0;
• "abstaining" votes: 0