MLS Multimedia S.A.

Earnings Release • Apr 26, 2018

MLS MULTIMEDIA SA

Company's Number in the Register of Societes Anonymes :34194/06/Β/95/14 - GEMI: 57957704000 Technopolis ICT Business Park 555 35, Pilea, Thessaloniki

SUMMARY FINANCIAL RESULTS for the year ended 31st December 2017

(In terms of article 135 of Law 2190/1920, for the companies publishing annual financial statements in accordance with IAS/IFRS) The figures illustrated below provide summary information about the financial position of MLS MULTIMEDIA S.A. We advise the reader who seeks a complete picture of the financial position to visit the Company's website,

where the full year financial statements according to International Financial Reporting Standards together with the auditor's report, are presented.

COMPANY'S INFORMATION DATA

Supervising Authority Company's web site : www.mls.gr Board of Directors

: Ministry of Development and Competitiveness (Department for limited companies)

: Ioannis Kamatakis (President & CEO of the B.O.D.), Paraskevi Zahariadou (Vice-President of the B.O.D.), Pantelis Stilianos, Papageorgiou (Member of the B.O.D.), Dimitrios Konstantoulas (Member of the B.O.D.), Nickolaos Koulis (Member of the B.O.D.), Ioannis Zannas (Member of the B.O.D.), Stergios Triantafilidis (Member of the B.O.D.), Efstathios Kiriakopoulos (Member of the B.O.D.), ChristoS Antoniadis (Member of the B.O.D.)

COMPANY'S INFORMATION DATA
Company's web site	: www.mls.gr
Date of approval of the
finacial statements	: April 20, 2018
Name of the Auditor	:Georgios Skabavirias (SOEL R.N. 14661)
Auditing firm	:SOL S.A. - CROWE HORWATH (SOEL R.N. 125)
Report of the Auditors:	: Without qualification

1.1 CONDENSED STATEMENT OF FINANCIAL POSITION

31.12.2017	31.12.2016		31.12.2017	1.01 - 31.12.2016
2.514.182	2.611.391	Revenue	23.100.249	25.382.367
19.704.192	16.541.448	Gross profit	8.837.500	8.029.856
436.521	269.077	Profit before interest, taxes, and
6.709.587	8.004.833	investing results	2.983.959	3.487.703
6.936.745	6.167.244	Profit before taxes	1.784.184	2.241.160
12.689.028	11.083.698	Profit after taxes (Α)	1.828.042	2.221.017
48.990.255	44.677.691	-Equity holders of the parent	1.828.042	2.221.017
		-Non controlling interests	0	0
		Other comprehensive income net of tax (Β)	0	0
		Total comprehensive income net of tax (Α) + (Β)	1.828.042	2.221.017
3.849.270	4.594.290	-Shareholders	1.828.042	2.221.017
21.725.788	19.290.387	-Non controlling interest	0	0
25.575.058	23.884.677	Basic earnings tax per share(in €)	0	0
0	0	Proposed dividend per issued share (in €)	0	0
25.575.058	23.884.677	Profit before interest, taxes, and
10.000.000	7.000.000	depreciation and amortization	5.623.406	6.277.578
1.500.000	2.250.000
221.665	175.556	1.3 CONDENSED STATEMENT OF CHANGES IN EQUITY
1.422.924	1.287.453	Amounts in €
10.270.609	10.080.005		31.12.2017	31.12.2016
23.415.197	20.793.014	Equity balance at beginning of the year
		(1.01.2017 & 1.01.2016 respectively)	23.884.677	22.587.606
48.990.255	44.677.691		1.828.042	2.221.017
		Share capital increase	0	0
		Share capital reduction	-745.020	0
		Transfer to reserves	-27.933	0
		Dividends	0	0
				-923.946
		(31.12.2017 & 31.12.2016 respectively)	25.575.058	23.884.677
188.047	263.656
		6. Number of employees at the end of the reporting period: 145 (2016: 118).
		7.
		8.
		9.
		the Shareholders Equity of the company. The fair value of this shares at 31.12.2017 was 1.3 million€.
				0
				185.484
				679.951
				0
				392.169
				0
				0
2.385.471	5.755.913
635.293	-923.946
-745.020	0
2.275.744	4.831.966
-1.191.779	4.719.233
9.263.356 8.071.578	4.544.123 9.263.356
	1.01 - 31.12.2017 1.784.184 2.639.447 446.109 -111.267 1.295.063 1.095.246 -3.963.410 142.110 -1.295.063 -75.093 2.145.373 0 -5.704.982 0 0 92.087 -5.612.895	1.01 - 31.12.2016 2.241.160 2.789.875 260.438 -190.284 1.173.170 -1.549.017 -138.115 2.231.300 -1.173.170 -29.890 5.879.124 -170.000 -5.892.787 46.403 0 24.527 -5.991.857	1.2 CONDENSED INCOME STATEMENT Amounts in € Total comprehensive income Purchases / (sales) of own shares Equity balance at year end NOTES 1. 2. 3. The assets of the Company have been pledged (note 6.27). 4. Capital expenditure for the year 2017 amounted to 5.7 million Euros 5. There are no litigation issues for the Company. 10. a) Income b) Expenses c) Receivables d) Payables e) Key management compensations f) Receivables from key management g) Payables to key management	1.01 - 635.293 In the above financial statements the basic accounting principles applied are consistent with those applied for the balance sheet of the fiscal year 2016. The unaudited by the tax authorities fiscal years for the Company are presented in detail in the note 6.26 of the annual financial statements. Earnings per share have been calculated on the total weighted average number of shares, excluding the average number of treasury shares. The amount of the provisions for the unaudited by the tax authorities fiscal years is 64.500,00€. There are no provisions accounted for litigation issue and other provisions. The total number of its own shares that the company holds as at 31.12.2017 was 314.200 shares of average cost per share 4.16 Euros and they have been deducted from Transactions during the fiscal year 2017 and balances as of 31 December 2017 with related parties, as defined in IAS 24, are as follows: Amounts in €

The President & CEO IOANNIS N. KAMATAKIS ID No ΑΒ 706563

Thermi Thessaloniki April 20, 2018

The Vice President of the B.O.D. PARASKEVI D. ZAHARIADOU ID No ΑΒ 706623

Chief Financial Officer

KONSTANTINOS V. PAPADOPOULOS ID No ΑΖ 169490