Vassilico Cement Works Public Company LTD

Proxy Solicitation & Information Statement • Apr 28, 2021

Instrument of Proxy

I / We
from	Identity Card No
being Member/s of VASSILIKO CEMENT WORKS PUBLIC COMPANY LIMITED, hereby appoint
Mr / Ms	from
or, failing him / her, Mr / Ms	from
as my / our proxy to attend and vote for me / us and on my / our behalf at the 55th Annual General Meeting of the shareholders of Vassiliko

	To:		Correspondence Address: P.O. Box 22281, 1519 Nicosia, Cyprus investors@vassiliko.com, www.vassiliko.com
	Instrument of Proxy
I / We
from	Identity Card No
	being Member/s of VASSILIKO CEMENT WORKS PUBLIC COMPANY LIMITED, hereby appoint
Mr / Ms	from
	or, failing him / her, Mr / Ms from
	as my / our proxy to attend and vote for me / us and on my / our behalf at the 55th Annual General Meeting of the shareholders of Vassiliko
	Cement Works Public Company Ltd to be held at the Plant Offi ces of the Company, at Vassiliko, on Thursday 27 May 2021 and at any
	adjournment thereof as hereunder indicated in respect of the Resolutions set out in the Notice of Annual General Meeting (the "AGM Notice"),
	and, if no such indication is given, as my / our proxy thinks fi t.
	ANNUAL GENERAL MEETING RESOLUTIONS	For (Note 5)	Against (Note 5)
1	To approve the Management Report for the year 2020.
2	To receive and approve the Audited Financial Statements and the Auditors Report for the year 2020.
3	To approve a dividend payment of €0,15 per share out of the profi ts of the year 2019 included in the Retained Earnings Reserve.
4	To re-elect the following Directors of the Company who retire by rotation:
	(i) To re-elect Mr. Costas Galatariotis as a Director.
	(ii) To re-elect Mr. Maurizio Mansi Montenegro as a Director.
	(iii) To re-elect Mr. Stelios Anastasiades as a Director.
5	To approve the Remuneration Report for the year 2020.
6	To fi x the remuneration of the Directors for the year 2021.
7	To re-appoint KPMG Limited as the Company's Auditors for the year 2021 and to authorise the Board to fi x their remuneration.
	Date _ of __ 2021 Signature/s _______
Notes:	1. The record date for determining the right to vote at the Annual General Meeting is 25 May 2021. Transactions which will be taking place on 24 May 2021 and thereafter will not be considered in determining the right to vote at the General Meeting. 2. This Instrument of Proxy must be deposited together with any other document that may be required, at the registered Offi ce of the Company 24 hours prior to the commencement of the business of the General Meeting or the adjourned meeting. 3. If the appointer is a corporation, the Instrument of Proxy must bear the offi cial seal of the Corporation and must be signed by the Corporation's duly authorised person/s. 4. In the case of joint shareholders, the Instrument of Proxy may be issued only by the shareholder whose name appears fi rst in the Register of Members. 5. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE TICK ( ) IN THE EQUIVALENT BOX MARKED "For". IF YOU		YOU

Notes:

• 1. The record date for determining the right to vote at the Annual General Meeting is 25 May 2021. Transactions which will be taking place on 24 May 2021 and thereafter will not be considered in determining the right to vote at the General Meeting.
• 1. This Instrument of Proxy must be deposited together with any other document that may be required, at the registered Offi ce of the Company 24 hours prior to the commencement of the business of the General Meeting or the adjourned meeting.
• 1. If the appointer is a corporation, the Instrument of Proxy must bear the offi cial seal of the Corporation and must be signed by the Corporation's duly authorised person/s.
• 1. In the case of joint shareholders, the Instrument of Proxy may be issued only by the shareholder whose name appears fi rst in the Register of Members.
• 1. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE TICK ( ) IN THE EQUIVALENT BOX MARKED "For". IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK ( ) IN THE EQUIVALENT BOX MARKED "Against". If you do not indicate how you wish your proxy to vote, your proxy is authorised to vote for or against the resolution or abstain, at his discretion. Your proxy will also be entitled to vote at his discretion on any resolutions properly put to the Meeting other than those referred to in the Notice convening the Meeting.

FOR INTERNAL USE
Total number of shares held: __	Date on which the Instrument of Proxy was received: _ / _ / ____