Frontier Development PLC — AGM Information 2019

Nov 19, 2019

ANNUAL GENERAL MEETING OF AFI DEVELOPMENT PLC

TO:	Fuamari Secretarial 4 Spyrou Kyprianou Av. 3070 Limassol Cyprus Fax Number: Telephone Number:	Limited, Proxy Department + 357 25 383 033 + 357 25 386 888
RE:	(Mr Charalambos Avaratzis) AFI DEVELOPMENT PLC Annual General Meeting to be held on 16th December, 2019
FROM:		________	_______
		Name / Company Name
	VOTING SHARES NUMBER:		______ (A Class)
	SIGNATURE:	__________
		Authorised Signatory Name, Signature
	CONTACT INFO:		_____________
		Telephone / Fax Number / E-mail Address
	TOTAL NUMBER SHARES Held as at 6.00 p.m. EEST	on 18 November 2019:	___ (A Class)

AFI Development PLC Annual General Meeting 16 December, 2019

The above-noted holder of A ordinary Shares of AFI Development PLC (the "Company") hereby requests and instructs FUAMARI SECRETARIAL LIMITED, as Corporate Secretary, to endeavor, insofar as practicable, to vote or cause to be voted the number of Shares held as at 6.00 p.m. on 18 November 2019 (or, if the AGM is adjourned, at 6.00 p.m. on the day 28 days prior to the adjourned AGM) at the Annual General Meeting of the Company to be held in on 16 December, 2019 in respect of the following resolutions:

THIS FORM MUST BE RECEIVED COMPLETED BY 3 P.M. EEST ON 15 DECEMBER 2019 TO BE VALID

ANNUAL GENERAL MEETING OF AFI DEVELOPMENT PLC

Annual General Meeting Resolutions

Ordinary shares A Class
Agenda Item 1:
Adopting the Consolidated Financial Statements of the Company for the year ending 31 December 2018 together with the reports of the Directors and auditors thereon.
	□ FOR	□ AGAINST	□ ABSTAIN
Agenda Item 2:
Re-electing Mr Elias Ebrahimpour as a Non-Executive Independent Director and Chairman.
	□ FOR	□ AGAINST	□ ABSTAIN
Agenda Item 3: Re-electing Mr Panayiotis Demetriou as a Non-Executive Independent Director.
	□ FOR	□ AGAINST	□ ABSTAIN
Agenda Item 4:
Re-electing Mr Avraham Noach Novogrocki as Non-Executive Independent Director.
	□ FOR	□ AGAINST	□ ABSTAIN
Agenda Item 5: Re-appointing chartered accountants Messrs. KPMG Limited (Cyprus) as the Company auditors and authorising the Directors to agree on their remuneration.
	□ FOR	□ AGAINST	□ ABSTAIN

Agenda Item 6:

Approval of the Directors to be generally and unconditionally authorised, in accordance with Articles 10-12 and the terms of any resolution creating new shares, to exercise any power of the Company to allot and grant options or rights to subscribe for or to convert securities into shares of the Company, pursuant to an employee share scheme, up to a maximum nominal amount of USD 104,769.41; such authority to expire on the earlier of the conclusion of the Company's next annual general meeting and 30 December 2020 but, in each case, so that the Company may make offers and enter into agreements during the relevant period which would, or might, require shares to be allotted or rights to subscribe for or convert securities into shares to be granted after the authority ends and the Directors may allot shares or grant rights to subscribe for or convert securities into share under any such offer or agreement as if the authority had not ended.

□ FOR □ AGAINST □ ABSTAIN

End of resolutions.