Viohalco S.A. — Proxy Solicitation & Information Statement 2015

Apr 24, 2015

VIOHALCO SA 30 Avenue Marnix, 1000 Brussels, Belgium 0534.941.439 RPM (Brussels)

PROXY

Annual shareholders' meeting of Viohalco SA (the Company) of Tuesday May 26, 2015 (12.00 noon) at the Stanhope Hotel, rue du Commerce, 9 at 1000 Brussels

This proxy must be communicated to the Company by May 20, 2015 at 5.00 pm (Belgian time) at the latest by ordinary mail or electronic mail, as follows:

(1) by mail

The signed original paper form must be sent to: Viohalco SA Catherine Massion, deputy manager 30 avenue Marnix 1000 Brussels (Belgium)

OR

(2) by electronic mail

A copy of the signed original form must be sent to: administration@viohalco.com All electronic mail must be signed by electronic signature in accordance with the applicable Belgian legislation

The undersigned (name and first name / name of the company) (the Principal)

……………………………………………………………………………………………………………………

Domicile / Registered office ……………………………………………………………………………………………………………………

…………………………………………………………………………………………………………………….

Owner of dematerialised shares (*) registered shares (*)

of Viohalco SA

quantity

hereby appoints as proxyholder the following person (the Proxyholder):

Name and first name: ………………………………………………….………………………………………..

Domicile:

……………………………………………………………………………………….……………….…

in order to represent him/her at the shareholders' meeting of the Company that will be held on Tuesday May 26, 2015 (12.00 noon) at the Stanhope Hotel, rue du Commerce, 9 at 1000 Brussels (the Meeting) and to vote as follows on each of the proposed resolutions on behalf of the Principal: (**)

(*) Cross out what is not applicable.

(**) Please tick the appropriate boxes.

• 1. Management report of the board of directors and report of the statutory auditors for the financial year ended 31 December 2014
• 1. Presentation of the consolidated accounts and the management report on the consolidated accounts
• 1. Approval of the statutory accounts for the financial year ended 31 December 2014 (including allocation of the results)

Proposed resolution: approve the statutory accounts for the financial year ended 31 December 2014, including the allocation of results contained therein

FOR	AGAINST	ABSTAIN

1. Discharge of liability of the directors

Proposed resolution: granting discharge to the directors for the performance of their duties during the financial year ended on 31 December 2014

FOR	AGAINST	ABSTAIN
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1. Discharge of liability of the statutory auditors

Proposed resolution: granting discharge to the auditors for the performance of their duties during the financial year ended on 31 December 2014

FOR	AGAINST		ABSTAIN

1. Renewal of the mandates of directors and confirmation of the appointment of a director

Proposed resolution: renew the appointment of Mr Nikolaos Stassinopoulos as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR AGAINST	ABSTAIN
----------------	---------

Proposed resolution: renew the appointment of Mr Jacques Moulaert as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

	FOR	AGAINST	ABSTAIN
--	-----	---------	---------

Proposed resolution: renew the appointment of Mr Evangelos Moustakas as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR	AGAINST		ABSTAIN

Proposed resolution: renew the appointment of Mr Michail Stassinopoulos as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR AGAINST ABSTAIN
---------------------------

Proposed resolution: renew the appointment of Mr Ippokratis Ioannis Stasinopoulos as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR AGAINST	ABSTAIN
----------------	---------

Proposed resolution: renew the appointment of Mr Jean Charles Faulx as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR AGAINST ABSTAIN
---------------------------

Proposed resolution: renew the appointment of Mr Xavier Bedoret as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR AGAINST ABSTAIN
---------------------------	--

Proposed resolution: renew the appointment of Mr Rudolf Wiedenmann as director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016

FOR	AGAINST	ABSTAIN

Proposed resolution: renew the appointment of Mr Efthimios Christodoulou as independent director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016; Mr Christodoulou complies with the criteria of independence set forth in article 526ter of the Companies Code

FOR	AGAINST	ABSTAIN
-----	---------	---------	--

Proposed resolution: renew the appointment of Mr Francis Mer as independent director, for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016; Mr Mer complies with the criteria of independence set forth in article 526ter of the Companies Code

FOR	AGAINST	ABSTAIN

Proposed resolution: renew the appointment of Mr Thanasis Molokotos as independent director of the Company for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016; Mr. Molokotos complies with the criteria of independence set forth in article 526ter of the Companies Code

FOR	AGAINST	ABSTAIN

Proposed resolution: confirm the appointment by co-optation of Mr Yvan de Launoit as per the decision of the Board of directors of the 3 December 2014 and renew his appointment as independent director of the Company for a term of one year expiring at the end of the annual shareholders' meeting to be held in 2016; Mr de Launoit complies with the criteria of independence set forth in article 526ter of the Companies Code

FOR AGAINST ABSTAIN
---------------------------	--

1. Approval of the remuneration report (including the remuneration policy)

Proposed resolution: approve the remuneration report for the financial year 2014 as set out in the 2014 annual report, including the remuneration policy

FOR	AGAINST	ABSTAIN

8. Approval of the remuneration of the directors

Proposed resolution: grant to each director a gross fixed compensation of euro 25,000. In addition, (i) grant to each member of the audit committee a gross fixed compensation of euro 25,000, and (ii) grant to each member of the remuneration and nomination committee a gross fixed compensation of euro 25,000. These compensations will remunerate the performance of their mandate during the period between 26 May 2015 and the annual shareholders' meeting of 2016

FOR	AGAINST	ABSTAIN

If the Principal has not given any voting instructions concerning one or more proposed resolutions, the Proxyholder will vote in favour of such proposed resolutions.

*

The Principal acknowledges to have been informed of the fact that, after the publication of the convening notice to attend the Meeting, one or more shareholders holding together at least 3% of the share capital of the Company may add new items to the agenda of the Meeting or new proposed resolutions concerning items put or to be put on the agenda. At the latest on 11 May 2015 the Company will publish a revised agenda if it has validly received new items or new proposed resolutions to be added to the agenda of the Meeting. In this case the Company will also provide to the shareholders an updated proxy form that includes the new items or new proposed resolutions, and the rules set out hereunder will apply:

• (a) if the present proxy has been validly communicated to the Company before the publication of the revised agenda of the Meeting, it will remain valid for the items of the agenda of the Meeting which have been initially mentioned in the convening notice to attend the Meeting;
• (b) if the Company has published a revised agenda including one or more new proposed resolutions for items which were initially mentioned on the agenda, the law authorises the Proxyholder to deviate at the Meeting from the voting instructions possibly and initially given by the Principal if, in the Proxyholder's opinion, the execution of such instructions would risk to compromise the Principal's interests. The Proxyholder must inform the Principal if he deviates from his voting instructions;

(c) if the Company has published a revised agenda to include new items, the law imposes that the present proxy form indicates whether the Proxyholder is authorised or not to vote on these new items or whether he should abstain.

In view of the indications given in (c) above, the Principal: (***)

authorises the Proxyholder to vote on the new items to be put on the agenda of the Meeting

or

gives instruction to the Proxyholder to abstain from voting on the new items to be put on the agenda of the Meeting

If the Principal has not ticked one of the above boxes or has ticked both boxes, the Proxyholder will abstain from voting on the new items to be put on the agenda of the Meeting.

The present proxy is irrevocable. The shareholders who have validly given a proxy can no longer vote at the Meeting in person or by mail.

Done at …………………………………………., on ………………………………..

Signature(s) : ………………………………………. (****)

(***) Please tick the appropriate boxes.

(****) Legal entities must specify the name, first name and title of the natural person(s) who sign this proxy on their behalf.

*