Logicom Public LTD — AGM Information 2017

Jun 23, 2017

LOGICOM PUBLIC LTD

ANNUAL GENERAL MEETING

The Annual General Meeting of the Company, held on 22/06/2017, was attended by 28 shareholders present in person and 9 present by proxy, representing a total of 70.01% of the Company's issued shares.

The Agenda contained Ordinary Business only.

The Management Report, the Audited Financial Statements of the holding Company, the Audited Consolidated Financial Statements, the Corporate Governance Report and the Auditors' Report for 2016 were, inter alia, submitted. Shareholders participated in the relevant discussions and the Remunerations Report was approved.

The payment of dividend of €0.055 per share (16.2% of the nominal value of the share) corresponding to 33.4% of the year's profits was also approved. The Record Date is Thursday 06/07/2017. The Record Date will include transactions finalised by the end of the trading session of Tuesday 04/07/2017. The Company's shares will therefore trade cum dividend until 04/07/2017 and will thereafter trade ex dividend as of the beginning of the trading session of Wednesday, 05/07/2017. Beneficiaries include investors following off-floor transactions finalised (entered in the Dematerialised Securities System) by the proposed Record Date. The dividend will be sent to the beneficiaries by 21/07/2017. The exact date will be announced.

Directors Mr. Varnavas Irinarhos and Mr. Anthoulis Papachristophorou, who retired by rotation, were re-elected. Mr. Adamos K. Adamides, who retired by rotation and offered himself for re-election for a period of one year, was also re-elected.

The remuneration of the Chairman and the non-executive directors remained the same as per the decision of the AGM of 2008.

KPMG Ltd were re-appointed auditors of the Company.

No matters were raised under Article 127B of the Companies Law and Provision D.2.1.e) of the Corporate Governance Code.

The relevant re-election and appointment forms are attached herewith.

Reference was made to the provisions of Regulation 537/2014 of the European Parliament and of the Council and to L. 53(1)/2017 and shareholders expressed views on the discretions concerning the composition of the Audit Committee. Further consultations will follow in order to prepare a relevant proposal. The present composition of the Audit Committee, which is in accordance with the aforesaid provisions, was announced on 09/06/2017.

(http://oam.cse.com.cy/Announcement/AnnouncementVariation/33586).

Adaminco Secretarial Limited Secretary of Logicom Public Limited