Κ4-01-048

Kifisia 04/01/2021

Announcement of Change of Percentages at Voting Level (Correct Repetition)

The company "PAPERPACK SOCIETE ANONYME INDUSTRIAL PRINTING, BUILDING AND PAPER PACKAGING SUPPLIES" (the "Company"), announces the following, according to Law no. and by CHINA - CEE MANAGEMENT SARL, investment fund manager CHINA CENTRAL AND EASTERN EUROPE INVESTMENT CO-OPERATION FUND II SCS SICAV-SIF which controls the Cypriot company "Orlando-Equity Holding Limited:

As a result of the signing of the share purchase agreement from 22.12.2020 between Mr. Ioannis Tsoukaridis as seller and the Cypriot company "Orlando-Equity Holding Limited" as buyer, which was announced on 23.12.2020, the following transactions and the following changes took place percentages of voting rights in the Company:

(A) On 30.12.2020 Mr. Ioannis Tsoukaridis sold 2,170,508 common, registered shares in "Orlando-Equity Holding Limited" with the result that after the above transfer, Mr. Ioannis Tsoukaridis directly owns in the Company 709.253 shares, which correspond to 17.94% of the total shares and voting rights of the Company.

According to the latest announcement, Mr. Ioannis Tsoukaridis directly and indirectly owned 2,806,785 shares, which corresponded to 71,002% of the total shares and voting rights of the Company.

(B) On 31.12.2020 Mr. Ioannis Tsoukaridis further sold OTC 709,253 common, registered shares in "Orlando-Equity Holding Limited" with the result that after the above transfer, Mr. Ioannis Tsoukaridis no longer holds shares and voting rights in the Company.

According to the previous announcement, Mr. Ioannis Tsoukaridis directly owned 709,253 shares, which corresponded to 17.94% of the total shares and voting rights of the Company.

(C) On 30.12.2020 the Cypriot company under the name "Orlando-Equity Holding Limited" acquired 2,849,549 common, registered shares of the Company with the result that after the above transfers the company "Orlando-Equity Holding Limited" directly holds in Company 2,849,549 shares, which correspond to a percentage of 72.08% of the total shares and voting rights of the Company.

(D) On 31.12.2020 the Cypriot company under the name "Orlando-Equity Holding Limited" acquired 709,253 common, registered shares of the Company with the result that after the above transfer the company "Orlando-Equity Holding Limited" directly holds in the Company 3,558 .802 shares, which correspond to 90.02% of the total shares and voting rights of the Company.

The company "Orlando-Equity Holding Limited" is controlled according to law 3556/2007 by the investment capital CHINA CENTRAL AND EASTERN EUROPE INVESTMENT CO-OPERATION FUND II SCS SICAV-SIF (the "Private Investment Capital") based in Luxembourg. The Private Investment Fund is controlled, according to Law 3556/2007, by the company based in Luxembourg CHINA - CEE MANAGEMENT S.A.R.L, which as its manager (General Partner) has the exclusive responsibility of managing the operation of the Private Investment Fund. No other natural or legal person controls the manager (General Partner) of the Private Investment Fund in accordance with Law 3556/2007.

Download here the pdf