Decisions Of Extraordinary General Meeting

The company paperpack SA. disclose the following: On 10^th   July 2018, Tuesday at 14:00 took place at the Company's headquarters in Kifissia, Attica, on the road Viltanioti 24, the extraordinary general meeting of shareholders. In the meeting attended in person or by proxy of ten (10) shareholders, sold shares representing 75,86% of all Company shares, i.e. 2.998.814 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 favour of the following agenda items as follows: TOPIC 1st: The General Assembly, on the recommendation of the Board of Directors, decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 75,86% on the issued capital of the company (i.e. 2.998.814 shares, and 2.998.814 valid affirmative votes) the Version common bonded loan amounting to six million five hundred thousand (6.500.000) €, with up to ten (10) years, and maximum interest rate euribor 3 months plus spread 3,00%, in accordance with the law. 3156/2003 and approve the Contract Covering common bonded loan and program (Terms) and annexes of this minimum as follows: a) The type of loan you are Common Bonded Loan. b) The loan amount will be up to six million five hundred thousand (6.500.000) €. c) The term of the loan will be up to ten (10) years from the date of issue. b) The maximum rate of the loan will be set at Euribor 3 months plus spread – 3,00% Annually. d) The repayment will be made in monthly or quarterly installments, the sums, as well as the amount to be paid with the last installment on the loan maturity will be determined by the Board. company. e) Will provide collateral in favour of the representative on behalf of Bondholders Lenders, consisting in registering a charge on the property that will be purchased and authorised the Board of Directors for further negotiations with the credit institutions regarding the collateral to be requested. The loan will be used for financing the purchase and improvement of facilities property, as well as the financing of the costs of relocation of the company to the new property. Further is decided as the relevant authorizations to the Board of Directors of the company, in order to determine, by decision of the specific terms of issuance of the loan, as defined in art. 1 para. 2 and 3 of n. 3156/2003 and to appoint a representative who will sign the Contract Covering common bonded loan and program (Terms) and the annexes thereto and in particular through this decision authorised the Board of Directors : •           Να καθορίζει, modifies, fills or specify at the discretion of any of the terms of the ekdothisomenoy bond, other than those relating to the amount and type of this. •           Να εκδίδει program ομολογιακού δανείου, which contains the terms of the loan in accordance with the above and bind the bondholders and any global or dedicated their successor, and any third party having rights of these persons. •           Να αποφασίζει οποιαδήποτε λεπτομέρεια αφορά στη λειτουργία, the management or organization of the above bond loan. •           Να μεριμνήσει for On έκδοση των τίτλων των ομολογιών, their mood and their delivery to the debenture holders lenders. •           Να εκπροσωπεί On Εταιρεία ενώπιον των ομολογιούχων δανειστών and οποιασδήποτε αρχής αναφορικά με το ομολογιακό δάνειο. •           Να συνάψει με τον εκπρόσωπο των ομολογιούχων σύμβαση/συμβάσεις στα πλαίσια έκδοσης of ομολογιακού δανείου με όποιους όρους κρίνει σκόπιμους. •           Να αναθέτει οποιαδήποτε from τις παραπάνω εντολές to μέλη of or μη καθορίζοντας and the έκταση των αρμοδιοτήτων τους στο πλαίσιο of ανάθεσης αυτής. •           Να προβεί to οποιαδήποτε επιπλέον πράξη απαιτείται for On περάτωση and γενικά υλοποίηση of παρούσας απόφασης of Γενικής Συνέλευσης, even if not expressly provided for in this decision, defining delegates of their choice. Details: Valid votes: 2.998.814 (i.e. 75,86% of the share capital and 100% shareholders attending) For: 2.998.814, Against: 0, Abstention: 0. TOPIC 2nd: The General Assembly, on the recommendation of the Board of Directors, decided unanimously, with 100% shareholders attending, by a majority of the votes validly cast and proportion 75,86% on the issued capital of the company (i.e. 2.998.814 shares, and 2.998.814 valid affirmative votes), the distribution to shareholders an exceptional dividend 0,20 euros per share which is part of taxed and retained earnings of previous years. The net dividend per share to be taken by each shareholder, after deduction of the 15% dividend tax amounts to 0.17 euros per share. The payment of the dividend will be made through Bank on Wednesday 05/09/2018 and beneficiaries of the dividend will be shareholders will hold shares on Friday 31/08/2018 (record date), While the cutoff date of the dividend set for Thursday 30/08/2018. Details: Valid votes: 2.998.814 (i.e. 75,86% of the share capital and 100% shareholders attending) For: 2.998.814, Against: 0, Abstention: 0.  

Kifissia 10 July 2018

The Board

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