The company paperpack SA. disclose the following: The 19th April 2016, Tuesday at 11:00 am. took place at the Company's headquarters in Kifissia, Attica, on the road Viltanioti 24, The Annual General Meeting of Shareholders. The meeting was attended in person or by proxy seven shareholders, sold shares representing 71,57% of All Company shares, i.e. 2.829.170 common registered shares with voting rights of members of All 3.953.090 common shares with voting, divided the total capital of the company.   Having gathered the information required by law and the Company's quorum and majority, the General Assembly voted in favor of All agenda items as follows: TOPIC 1st: The General Assembly decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes), the approval of the Annual Financial Statements of the Company's use 2015, and the reports of the Directors and the Auditor. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 2nd: The General Assembly decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes), Discharge of the Directors and the Auditors from any liability for the fiscal year  2015. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 3rd: The General Assembly decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes), approving the disposal of the results of the use table 2015 (01/01/2015-31/12/2015). Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 4th: The General Assembly decided unanimously, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes) the adoption of the proposal of the Board of Directors according to the 18.03.2016 Annual report,  περί  διανομής μερίσματος 0,1100 per share for the year 2015. The net dividend per share, minus dividends tax 10% you will receive each shareholder, amounts to 0.0990 euro per share. The payment of the dividend will be made by bank transfer to the 02/06/2016 and the dividend will be the shareholders who will hold the shares 27/05/2016 (record date), while the ex-dividend date is defined as the 26/052016. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 5th: The General Assembly decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes), the authorization pursuant to §. 1 article 23 of CL. 2190/1920, members of the Board. and the company managers to participate in the Board and the Group management (associates of the company), pursuing the same or similar objects with the company. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 6th: The General Assembly decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes), approving the remuneration granted to members of the Board. for use 2015 according to the 07.04.2015 decision preliminary approval of the General Assembly, and the pre-approval of the total remuneration, which will be distributed for use 2016 members of the Board. in accordance with decisions of the Chairman of the BoD.. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 7th: The General Assembly upon recommendation of the Audit Committee in accordance with article 37 N. 3693/2008, decided unanimously,  with 100% shareholders attending, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes), the election of the auditing firm, “MAZARS a.e. (A.M.ELTE 17)  for the regular administrative control of corporate use 1/1/2016 – 31/12/2016 and conducting special tax audit for granting annual tax management manual certificate 2016, appointing as regular Auditor Mr.. George Constantine Makris (A.M.ELTE 1483) and an alternate Auditor Mr.. Michael Papazoglou Christos (A.M.ELTE 1642) and set their remuneration. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 8th: The General Assembly decided unanimously, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes) the election of Mr. k. John Peter Tsoykaridi, Tzoylianas John Tsoykaridi, Korinas Fasouli of Efthimiou, Titus Vasilopoulou Pericles, Lambrou of Franc Efthimiou, Demetrius Antonakou Anastasios and Nicholas Zetoy of Demosthenes,  ως  μέλη  of  new  Διοικητικού  Συμβουλίου. The mandate of the new Board of Directors defined triennial. That Board will run the three company (3) subsequent years,  i.e.  until the Ordinary General Meeting of 2019 which will convene no later than 30th June 2019,  unless otherwise decided by the GA wanted. Then the General Meeting unanimously decides unanimously and as a set of the above members that make up the newly elected directors, Mr Dimitrios Antonakos of Anastasiou and Titus Vassilopoulos of Pericles as independent non-executive directors in accordance with paragraph 1 article 3 N. 3061/2002, as amended by article 1 para.. 26 N. 3091/24.12.2002. The above persons qualify for their appointment as independent non-executive directors since they do not hold shares (in more than 0,5% of the share capital paperpack S.A., withdrew) of the company and does not have a dependency relationship with the company or connected with such persons as defined in (a) to (d) cases of Fri. 1 article 4 of the law 3016/2002 as true today. Executive Members will be Mr John Peter Tsoykaridis, Julianna Tsoykaridi of John and Nicholas Zetos of Demosthenes, While non-executive members will be KC's Corina Fasouli Efthimiou and Lambros Frangos of Efthimiou. Property of Board members will be appointed by the Governing Council in the Constitution in house. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 9th:  The General Assembly decided unanimously, with majority and proportion of valid 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes) the election of Mrs.. Korina Fasouli Vice-chairman and non-executive member of the Board of Directors. Attorney , as Chairman of the Audit Committee in accordance with article 37 N. 3693/2008 and Mr.   Lambros Franc non-executive member of the Board of Directors. Attorney, Tito Prince independent and non-executive member of the Board., as members of the Audit Committee in accordance with article 37 N. 3693/2008 as is the case. Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0. TOPIC 10th: The General Assembly decided unanimously, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes) modify the points 16 and 26 definitions of Bond program, amount 9.800.000,00 €, adoption of the company which was covered by virtue of numbers. 988737/25.07.2007 Convention Coverage Common Bond, Default Proxy Payments and Promoter Definition-Representative of Bondholder Creditors, regarding the reduction of the nominal value of the bonds by five hundred (500,00) euro each in a (1,00) euro each, with increasing number of bonds by nineteen thousand six hundred (19.600) nominal Bonds in nine millions eight hundred thousand (9.800.000) nominal Bonds respectively, After the above modification, These Definitions will henceforth be as follows: «16. «Ομολογίες» νοούνται εννέα εκατομμύρια οχτακόσιες χιλιάδες (9.800.000) nominal Bonds, nominal value of each, Euro a (€ 1,00) or any of these bonds, which will be issued by the issuer for the Loan. All the bonds will be issued by the issuer at par and will be embodied in titles, as defined in point 26 των Ορισμών.» «26. «Τίτλοι» νοούνται τίτλοι ονομαστικών αξιογράφων, each of which incorporates one or more Bonds, οι οποίοι will έχουν το περιεχόμενο of υποδείγματος τίτλου που περιέχεται στο Annex «b» of παρούσας», as well as decided and modifying any other clause of the above-mentioned bond loan and/or document involved in the above modification of definitions 16 and 26. All terms of the bond issue are still valid as adopted by the organs of the company against issuing the loan and by the extraordinary general meeting of shareholders of 23 October 2009 and September 30 2013, in continuation of which signed the 27 October 2009 and from 4 December 2013 Amendments to the contract and bond issue by 21.03.2016 decision of the Board of Directors of the company and the resulting from 22.03.2016 Modification Of Contract Bond, which the present General Assembly approved unanimously, by a majority of the votes validly cast and proportion 71,57% on the issued capital of the company (i.e. 2.829.170 shares, and 2.829.170 valid affirmative votes). Details: Valid votes: 2.829.170 (i.e. 71,57% of the share capital and 100% shareholders attending) For: 2.829.170 (100%), Against: 0, Abstention: 0.

Kifissia 19 April 2016

The Board

Download here Decisions of the Annual General Meeting the pdf.