ANNOUNCEMENT OF VOTING RESULTS

(on the issues in the agenda of the Ordinary General Assembly of May 18th, 2017)

 

In accordance with article 32 of Codified Law 2190/1920, INTRALOT announces that the Ordinary General Assembly of Shareholders dated May 18th, 2017 was lawfully attended by shareholders representing 75.508.866 common registered shares out of a total of 158,961,721 common registered shares and thus there was a 47.50% quorum.

The General Assembly discussed and took decisions on all items of the agenda, as follows:

 

1.  Submission for approval of the corporate and consolidated annual financial statements of the fiscal year 01.01.2016 to 31.12.2016  in accordance with the International Financial Reporting Standards (I.F.R.S.), after hearing the relevant Board of Directors’ Reports and the Certified Auditor's Report regarding the above mentioned year.

 

The corporate and consolidated annual financial statements of the fiscal year 01.01.2016 to 31.12.2016 and the relevant Board of Directors’ Reports and the Certified Auditor's Report were approved.

 

Number of shares for which valid votes were cast:75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 75,422,603 (99.89%), Against 0, Blank/Abstention 86,263 (0.11%)

           

2.  Discharge of both the Board of Directors members and the Certified Auditor from any liability for indemnity regarding Company’s management, the financial statements and the consolidated financial statements during the fiscal period under examination (01.01.2016-31.12.2016).

 

The discharge of the members of the Board of Directors and of the Certified Auditors from any liability for indemnity during the fiscal period under examination was approved. At the special roll-call vote, BoD members and company’s employees participated only with shares they own or as representatives of other shareholders provided that they were granted with specific voting instructions.

 

Number of shares for which valid votes were cast:75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 74,749,603 (98.99%), Against 150,000 (0.20%), Blank/abstention 609,263 (0.81%)

 

 

3.  Election of regular and alternate Certified Auditors for the audit of the fiscal year 1.1.2017 to 31.12.2017 and determination of their fees.

 

The election of the companies “S.O.L. S.A.” and “GRANT THORNTON” for the audit of the fiscal year 01.01.2017 – 31.12.2017 was approved and their remuneration has been determined.

 

Number of shares for which valid votes were cast: 75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 68,606,629 (90.86%), Against 6,729,141 (8.91%) Blank/abstention 173,096 (0.23%)

 

 

4.  Approval of the remuneration of the Board of Directors’ members for the fiscal year 2016 and pre-approval of remuneration and compensations of non-executive members of the Board of Directors for the year 2017, pursuant to art. 24 of Codified Law 2190/1920 & art. 5 of the Law 3016/2002.

 

The remuneration of the Board of Directors’ members for the fiscal year 2016, including the fee of the President of the Audit and Compliance Committee, were approved and the remuneration and compensations of the non-executive members of the Board of Directors for the year 2017 were preapproved.

 

Number of shares for which valid votes were cast:75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 71,470,825 (94.65%), Against 2,330,045 (3.09%) Blank/Abstention 1,707,996 (2.26%)

                                                                                                                                          

 

5.  Approval, in accordance with article 23a of Codified Law 2190/1920, of contracts and remunerations of persons coming under the definition of the abovementioned article with the Company or legal entities controlled by the Company.

 

The maximum amounts of salaries and remunerations of persons coming under the definition of article 23a of Codified Law 2190/1920 with the Company or legal entities controlled by the Company were determined.

 

Number of shares for which valid votes were cast:75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 71,470,825 (94.65%), Against 2,330,045 (3.09%) Blank/Abstention 1,707,996 (2.26%)

 

 

6. Granting authorization to both Board of Directors members and Company’s Directors to participate in the Board of Directors or in the management of other affiliated companies as those companies are defined in article 32e' of Law 4308/2014 and, therefore, the conducting on behalf of the affiliated companies of acts falling within the Company’s purposes.

 

The authorization to the members of the Board of Directors and the Managers of the Company to participate in the Board of Directors or in the management of other affiliated companies, as those companies are defined in article 32e' of Law 4308/2014, and, therefore, the authorization for conducting on behalf of the affiliated companies of acts falling within the Company’s purposes, were approved.

 

Number of shares for which valid votes were cast:75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 75,358,866 (99.80%), Against 0, Blank/Abstention 150,000 (0.20%)

 

 

7. Amendment of the share buy – back program which was adopted at the Company’s Ordinary Shareholders Meeting dated 26 May 2016 pursuant to art. 16 of Codified Law 2190/1920 with a provision of the possibility for distribution of shares to be acquired to its personnel and to the personnel of company’s affiliates (according to article 32 of L. 4308/2014) and granting of authorization to the Board of Directors of the company for the further implementation of the decision and the observation of the legal formalities.

 

The Amendment of the share buy – back program, which was adopted at the Company’s Ordinary Shareholders Meeting dated 26 May 2016, with a provision of the possibility for distribution of shares to be acquired to its personnel and to the personnel of company’s affiliates and also the authorization to the Board of Directors of the company for the further implementation of the decision and the observation of the legal formalities were approved.

 

Number of shares for which valid votes were cast: 75,508,866 (47.50%)

Valid votes: 75,508,866

Voting and percentage of valid votes: For 71,470,825 (94.65%), Against 2,350,064 (3.11%) Blank/Abstention 1,687,977 (2.24%)