RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF “FRIGOGLASS S.A.I.C.” OF 29 May 2012

The Annual General Meeting of the shareholders of “FRIGOGLASS S.A.I.C.” took place on 29 May 2012. 90 shareholders representing 38.766.586 shares, out of a total number of 48.716.467 shares corresponding to 79.58% of the Company's total number of shares were present or represented and voted at the Meeting.
The following matters on the Agenda were discussed and the following decisions were taken:
1)    The Management Report of the Board of Directors and the Report of the Company's Chartered Auditor-Accountant on the Company's Financial Statements and activities for the fiscal year 2011 (1.1.2011 – 31.12.2011) were submitted and approved.
2)    The Company's annual Financial Statements for the fiscal year 2011 (1.1.2011 - 31.12.2011) and the consolidated Financial Statements were submitted and approved.
3)    The members of the Board of Directors and of the Auditors of the Company were released from any liability for their activity during the fiscal year 2011 (1.1.2011 - 31.12.2011).
4)    The remuneration of the members of the Board of Directors for their participation in the meetings of the Board of Directors and their services to the Company for the fiscal year 2011 (1.1.2011 - 31.12.2011) was approved and their remuneration for the fiscal year 2012 (1.1.2012 - 31.12.2012) was pre-approved.
5)    PricewaterhouseCoopers was elected as Statutory Auditors for the fiscal year 2012 (1.1.2012 - 31.12.2012) and the Board of Directors was authorized to determine its fees.
6)    Approved the election of Messrs. Doros Constantinou and Torsten Tuerling as members of the Board of Directors following the resignation of Messrs. Christodoulos – Robert Leventis and Petros Diamantides.
7)    Article 6 par. 2 of the Company's Articles of Association was amended in order to increase the total number of members of the Board of Directors.
8)    Upon expiry of the term of the previous Board of Directors, a new Board of Directors was elected. The new Board of Directors consists of the following individuals:
1.    Haralambos David of Georgios, Non-executive member
2.    Ioannis Androutsopoulos of Constantine, Independent Non-executive member
3.    Torsten Tuerling, Executive member
4.    Doros Constantinou, Non-executive member
5.    Loukas Komis of Dimitrios, Non-executive member
6.    Evangelos Kaloussis of Ioannis, Independent Non-executive member
7.    Alexandra Papalexopoulos of Theodoros, Independent Non-executive member
8.    Christodoulos – Robert Leventis, Non-executive member
9.    Vasileios Fourlis of Stylianos, Independent Non-executive member
The term of service of the Board of Directors will expire in the Annual General Meeting of the shareholders which will be convened until the 30th of June 2015.
Also, the members of the Audit Committee provided by art. 37 of law 3693/2008 have been elected from the members of the Board of Directors as follows:
1.    Ioannis Androutsopoulos of Constantine, Independent Non-executive member
2.    Loucas Komis of Dimitrios, Non-executive member
3.    Doros Constantinou, Non-executive member
9)    Approved the adoption of a stock option plan for the Board of Directors, senior executives and personnel of the Company and its affiliates, in accordance with article 13 par. 13 and 14 of the Codified law 2190/1920.

All resolutions were taken by majority.

ENQUIRIES
Frigoglass
John Stamatakos
Investor Relations Manager
Tel: +30 210 6165767
E-mail: jstamatakos@frigoglass.com

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FTI Consulting
Mark Kenny/Jonathan Neilan
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E-mail: Jonathan.Neilan@fticonsulting.com