Announcement

PPC S.A. announces that the Shareholders Extraordinary General Meeting of the Company was held on Friday, May 8^th, 2020, conducted remotely, via teleconference, using audio-visual means, in accordance with the Invitation that was posted on 14.4.2020, on the Company's website:

https://www.dei.gr/en/i-dei/enimerwsi-ependutwn/genikes-suneleuseis-metoxwn/anakoinwseis-gia-genikes-suneleuseis-metoxwn-2020/ektakti-geniki-suneleusi-twn-metoxwn-stis-08052020

The Shareholders lawfully attending (in person or by proxy) the Extraordinary General Meeting were 153, representing 164,229,857 ordinary registered shares with a voting right out of a total of 232,000,000 ordinary registered voting shares, that is a quorum of 70.79%.

ITEM UNIQUE OF THE AGENDA: Modification of the composition and the structure of the Audit Committee of the Company and election of its Members.

Shareholders representing 164,229,857 shares with voting right voted, with no abstention, the following in alphabetical order:

1.         Angeletopoulos Evangelos, son of Dimitrios

Out of a total of 164,229,857 shares with voting right, 164,229,657 (99.99%) voted in favor.

2.         Stasinakis Aimilios, son of Konstantinos

Out of a total of 164,229,857 shares with voting right, 130,227,018 (79.30%) voted in favor.

 Therefore the Extraordinary General Meeting by majority of vote elected,  according to article 9 of L. 4643/2019, the above-mentioned and approved the new composition and structure of the Audit Committee of the Company.

Athens. May 8, 2020