ΤΙΤΑΝ Α.Ε. REASONED OPINION OF THE BOARD OF DIRECTORS OF TITAN CEMENT COMPANY S.A. ON THE VOLUNTARY TENDER OFFER OF TITAN CEMENT INTERNATIONAL S.A. ACCOMPANIED BY FINANCIAL REPORT PURSUANT TO ARTICLE 15 OF LAW 3461/2006 See attached.REASONED OPINION OF THE BOARD OF DIRECTORS OF TITAN CEMENT COMPANY S.A.FINANCIAL ADVISER REPORT PURSUANT TO ARTICLE 15 OF LAW 3461/2006