Woolworth (Cyprus) Properties PLC

AGM Information • May 27, 2021

ANNUAL GENERAL MEETING

ANNOUNCEMENT

The Annual General Meeting of Woolworth (Cyprus) Properties Plc was held yesterday, 26 May 2021 at the registered office of Woolworth (Cyprus) Properties Plc.

After a short introductory speech by the Chairman Mr. Christakis Charalambous, in which reference was made to the results of the Company, the Annual Reports were presented (including the Directors and Auditors Report, the Management Report and the Corporate Governance Report), as well as the Audited Financial Statements for the years 2018 and 2019.

The General Meeting re-appointed as Members of the Board of Directors those Directors retired by rotation, as follows:

Eleni Shacola, Chrysoula Shacola, George Louca, Nicolas K. Shacolas, Christakis Charalambous.

Subsequently, the Meeting approved the remuneration policy and fixed the same remuneration of the Directors as applicable in recent years.

PwC was reappointed as the Company's Auditors, and the Board of Directors was authorized to determine their remuneration.

27 May 2021