G.A.P. Vassilopoulos Public Ltd

AGM Information • Dec 29, 2023

ANNOUNCEMENT

The Extraordinary General Meeting of the Shareholders of G.A.P. VASSILOPOULOS PUBLIC LIMITED, hereinafter referred to as the "Company", was held on December 29, 2023 at 11:00 am in Nicosia, Cyprus at the Company's place of business.

At the abovemen�oned Extraordinary General Mee�ng of the Company, the following Resolu�ons were considered, and were approved:

"Approval of amendment of Ar�cles of Associa�on of the Company proposed by the directors as Annex A."

The Shareholders have voted as follows:

The shareholders represen�ng over the 99,5% of issued capital of the Company voted in favor.

EXPLANATORY NOTE

The Board of Directors submited a proposal to the General Mee�ng for the replacement of the ar�cles of associa�on of the Company with a new set of ar�cles of associa�on (the "New AoA"). The New AoA include, inter alia, a requirement that the Company's board of directors comprises of a certain number of principal directors and a certain number of independent directors and also empower each principal director with the right to appoint a certain number of addi�onal directors. Moreover, the New AoA provide for a certain number of 'shareholders' reserved maters' that require the approval of the Company's shareholders for their implementa�on and a certain number of 'directors' reserved maters' that require the approval of specified directors for their implementa�on.

By the Board of Directors