OF THE SOCIÉTÉ ANONYME "PETROS PETROPOULOS AEBE" (General Electronic Commercial Registry (GEMI) No 285301000 – FORMERLY S.A. Reg. No: 2359/06-B/86/14) TO AN ORDINARY GENERAL MEETING

Pursuant to the Law and the Company's Articles of Association and following the decision made on 16/03/2017 by the Company's Board of Directors, the Shareholders of the Société Anonyme under the corporate name "PETROS PETROPOULOS AEBE" whose registered office is in Athens, 96 Iera Odos Street, are invited to the Ordinary General Meeting on Monday 10/04/2017 at 12:00 noon at the Company's offices at 96 Iera Odos Street, to deliberate and resolve the following Agenda items:

1. Submission and approval of the Company's Annual Financial Statements for fiscal year 2016 (01.01.2016 - 31.12.2016) as well as the relevant reports of the Board of Directors and the Certified Auditor / Accountant.

2. Approval of profit distribution for fiscal year 2016 (01.01.2016 - 31.12.2016) and reaching of a decision regarding the distribution (or non-distribution) of dividends

3.Discharge of the Directors and of the Certified Auditor / Accountant from any liability to compensate for said Financial Statements and for the management of fiscal year 2016.

4. Approval of remunerations already provided and to be provided in the future to the Directors. 

5. Announcement of election of a new Member of the Board of Directors.

6. Election of an ordinary and an alternate Certified Auditor / Accountant for the audit of the 2017 fiscal year and determining their remuneration. 

7. Authorising, under Article 23(1) of Codified Law 2190/20, as in force, the Directors, General Managers, and Managers of the Company to participate in the Boards or the Management of the Company's subsidiaries or affiliated companies including, by extension, the Petros Petropoulos Group.

8. Sale of real property.

9. Miscellaneous items and announcements.

The right to participate in, and vote at, the Ordinary General Meeting is vested in those who are indicated as shareholders of PETROS PETROPOULOS AEBE in the records of the Dematerialised Securities System managed by HELLENIC EXCHANGES S.A. (HELEX), in which the Company's transferable securities are held, at the start of the fifth day (recording date: Wednesday 5 April 2017) prior to the Ordinary General Meeting. The status of shareholder shall be evidenced by presenting the relevant written certificate issued by HELEX or, alternatively, by direct electronic connection of the Company with the HELEX records. The relevant written certificate or electronic verification of the shareholder status must be received by the Company no less than three days prior to the General Meeting. Only those who are shareholders on the above recording date shall be considered by the Company as entitled to participate in, and vote at, the General Meeting. In the event of failure to comply with the provisions of Article 28a of Codified Law 2190/1920, the shareholders shall participate in the Ordinary General Meeting subject to permission being granted by the Meeting.

It is noted that exercising the rights to participate and vote does not require the binding of shareholder's shares or adherence to another similar procedure which would prevent the shares from being sold or transferred during the period between the recording date and the date of the General Meeting.

The information and documents provided for in Article 27(3) of Codified Law 2190/1920, containing the full text of the notice, the total number of Company shares and rights, the documents to be submitted to the Meeting, the draft resolution on each agenda item and the representation form, will be available electronically on the Company's website at www.petropoulos.com and in hardcopy at the Company's offices at 96 Iera Odos Street, Athens. In the event of application of Article 39(2) of Codified Law 2190/1920 (shareholders' minority interests), the Company will publish a revised agenda on its website and in print and electronic media for the dissemination of information.

Athens, 16/03/2017

The Board of Directors