Asbis Enterprises PLC — AGM Information 2020

May 6, 2020

RESOLUTION No. 1 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 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 Kostevitch, 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: 23,635,543 which constitutes 42.59% of the share capital.

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

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 2 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 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 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: 23,635,543 which constitutes 42.59% of the share capital.

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 3 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 on approval of the reports of the directors and auditors of ASBISc Enterprises Plc for the year ended 31 December 2019

§1

After consideration of the reports of the directors and the auditors of the Company for the year ended 31 December 2019, the Annual General Meeting of Shareholders hereby approves the directors' and auditors' reports of ASBISc Enterprises Plc for the year ended 31 December 2019, 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: 23,635,543 which constitutes 42.59% of the share capital.

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

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 4 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 on approval of the audited financial statements of ASBISc Enterprises Plc for the year ended 31 December 2019

§1

After consideration of the audited financial statements of the Company for the year ended 31 December 2019, the Annual General Meeting of Shareholders hereby approves the audited financial statements of ASBISc Enterprises Plc for the year ended 31 December 2019, 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: 23,635,543 which constitutes 42.59% of the share capital.

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 5 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 on approval of the auditors' remuneration of ASBISc Enterprises Plc for the year ended 31 December 2019

§1

The Annual General Meeting of Shareholders, having fully considered the undernoted matters, hereby approves the auditors' remuneration for the year ended 31 December 2019, amounting to US\$ 390,443.

§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: 23,635,543 which constitutes 42.59% of the share capital.

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

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 6 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 on authorization to the Board of Directors to appoint the auditors of ASBISc Enterprises Plc and fix their remuneration for the year 2020

§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 2020 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: 23,635,543 which constitutes 42.59% of the share capital.

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543;
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 7 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 on the dividend of ASBISc Enterprises Plc for the year ended 31 December 2019

§1

The Annual General Meeting of Shareholders declares a final dividend payment for the year ended December 31st, 2019 amounting to USD 0.075 per share and USD 4,162,500 in total, in line with the recommendation of the Company's Board of Directors.

The Annual General Meeting has acknowledged the decision of the Board of Directors to approve an interim dividend of USD 3,330,000 in December 2019.

The remaining part of the profit for the year ended December 31st, 2019, will be transferred to retained earnings.

The Annual General Meeting of Shareholders sets the dividend date for 21st of May 2020 and the dividend payout date for 4th of June 2020.

§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: 23,635,543 which constitutes 42.59% of the share capital.

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543
• votes "against" the resolution: 0;
• "abstaining" votes: 0

RESOLUTION No. 8 of the Annual General Meeting of Shareholders of ASBISc Enterprises Plc dated 6 May 2020 on approval of a new Remuneration Policy for Members of Management Board of ASBISc Enterprises Plc

§1

The Annual General Meeting of Shareholders, having fully considered the undernoted matters, hereby approves a new Remuneration Policy for Members of Management Board (Executive Members of the Board Directors) of ASBISc Enterprises Plc, 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: 23,635,543 which constitutes 42.59% of the share capital.

• a total number of valid votes: 23,635,543;
• votes "in favor" of the resolution: 23,635,543;
• votes "against" the resolution: 0;
• "abstaining" votes: 0