RESULTS OF THE VOTING OF THE ANNUAL GENERAL ASSEMBLY OF 20th JUNE 2014
MINOAN LINES SHIPPING S.A.
RESULTS
OF THE VOTING OF THE ANNUAL GENERAL ASSEMBLY OF 20th JUNE 2014
The company “MINOAN LINES SHIPPING S.A.” announces that in the Annual General Shareholders' Assembly of 20th June 2014, shareholders representing 102.025.228 shares, percentage 95,368% of a total of 106.980.050 participated in person or via a representative and the following resolutions were made :
1. Submission and approval of the Annual Financial Report of the financial year commencing on 1st January 2013 and ending on 31st December 2013, including the Annual Corporate and Consolidated Financial Statements of the financial year commencing on 1st January 2013 and ending on 31st December 2013 with the relevant Annual Report of the Board of Directors and the Certified Auditors' Report and re-approval of the Financial Statements and the Consolidated Financial Statements of the financial year commencing on 1st January 2012 and ending on 31st December 2012, as they were restated due to a restatement of the accounting handling in accordance with the International Financial Reporting Standards 8 and the amendment of the International Financial Reporting Standards 19 “benefits to employees”
The General Assembly approved of the Annual Financial Statements of the financial year commencing on 1st January 2013 and ending on 31st December 2013, including the Annual Separate and Consolidated Financial Statements with the relevant annual report of the Board of Directors and the Certified Auditors' Report and the General Assembly also re-approved of the Financial Statements and the Consolidated Financial Statements of the financial year commencing on 1st January 2012 and ending on 31st December 2012, as they were restated due to a restatement of the accounting handling in accordance with the International Financial Reporting Standards 8 and the amendment of the International Financial Reporting Standards 19 “benefits to employees”
Total number of valid votes (for/against/blank) : 102.019.200 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.200 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 0
Abstention 5.544
Invalid 484
2. Discharge of the members of the Board of Directors and of the Auditors from any liability for damages with regard to the Financial Statements and the Consolidated Financial Statements for the aforementioned financial year of 1st January 2013 until 31st December 2013.
The General Assembly approved of the discharge of the members of the Board of Directors and of the Auditor Konstantinos Michalatos son of Ioannis (Reg. No 17701) of the Chartered Auditors “PRICEWATERHOUSECOOPERS” from any liability for damages with regard to the Financial Statements and the Consolidated Financial Statements for the aforementioned financial year of 1st January 2013 until 31st December 2013.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.684 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 0
Abstention 5.544
Invalid 0
3. Approval of every kind of fees and remuneration paid to the members of the Board of Directors during the year 2013.
The General Assembly approved of the fees and remuneration paid to the members of the Board of Directors during the year 2013.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.674 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 10
Abstention 5.544
Invalid 0
4. Election of regular and alternate Certified Auditors for the audit of the financial year 2014 and determination of their fees.
The General Assembly resolved on the appointment of the company of Chartered Auditors Pricewaterhousecoopers for the audit of the financial year 2014. The General Assembly approved of the fee of the aforementioned company of 82.000,00 euros (fee for the audit of the financial statements) and 41.800,00 euros (fee for the tax audit) plus travelling / accommodation etc. expenses and VAT.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.017.240 (percentage 95,360% of the paid-up share capital)
Against 1.860
Blank 584
Abstention 5.544
Invalid 0
5. Granting of permission according to article 23 paragraph 1 of the C.L. 2190/1920 as currently in force, for the participation of the Members of the Board of Directors of the Company as well as of the Directors of the Company in the Board of Directors or the management and the bodies of other companies, affiliated or associated to the Company or companies of Grimaldi Group, as well as in the management of companies having the same or similar purposes to those of the Company.
The General Assembly granted permission according to article 23 paragraph 1 of the codified law 2190/1920, for the participation of Members of the Board of Directors of the Company as well as of the Directors of the Company in the Board of Directors or the management and the bodies of other companies, affiliated or associated to the Company or companies of Grimaldi Group, as well as in the management of companies having the same or similar purposes to those of the Company.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.684 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 0
Abstention 5.544
Invalid 0
6. Approval, according to article 23a of the C.L 2190/1920 as currently in force, of a) the amendment, dated 3rd July 2013 of the existing time charter agreement of the vessel of the company IKARUS PALACE to the company ATLANTICA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP b) of the amendments, dated 18th July 2013, 10th December 2013 and 1st January 2014 of the existing time charter agreements of the vessels CRUISE EUROPA and CRUISE OLYMPIA of the company GRIMALDI COMPAGNIA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP to the Company and c) of the amendments, dated 10th December 2013 and 1st January 2014 of the existing time charter agreement of the vessel EUROPALINK of the company ATLANTICA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP to the Company.
The General Assembly approved, according to article 23a of the C.L. 2190/1920 as currently of a) the amendment, dated 3rd July 2013 of the existing time charter agreement of the vessel of the company IKARUS PALACE to the company ATLANTICA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP b) of the amendments, dated 18th July 2013, 10th December 2013 and 1st January 2014 of the existing time charter agreements of the vessels CRUISE EUROPA and CRUISE OLYMPIA of the company GRIMALDI COMPAGNIA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP to the Company and c) of the amendments, dated 10th December 2013 and 1st January 2014 of the existing time charter agreement of the vessel EUROPALINK of the company ATLANTICA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP to the Company.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.684 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 0
Abstention 5.544
Invalid 0
7. Approval, according to article 23a of the C.L 2190/1920, of the time charter agreement of the vessel ZEUS PALACE, dated 15th July 2013, of the company ATLANTICA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP to the Company.
The General Assembly approved, according to article 23a of the C.L 2190/1920, of the time charter agreement of the vessel ZEUS PALACE, dated 15th July 2013, of the company ATLANTICA DI NAVIGAZIONE S.p.A. of GRIMALDI GROUP to the Company.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.684 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 0
Abstention 5.544
Invalid 0
8. Approval, according to article 23a of the C.L 2190/1920, of the existing Agency Agreements with the companies ATLANTICA DI NAVIGAZIONE S.p.A. and GRIMALDI COPMPAGNIA DI NAVIGAZIONE SPA for the agency of the vessels of the first of them that call at the port of Igoumenitsa as well as of the existing Agency Agreement for the agency and commercial representation of the owned or chartered by the Group vessels calling at the port of Piraeus.
The General Assembly approved, according to article 23a of the C.L. 2190/1920, of the existing Agency Agreements with the companies ATLANTICA DI NAVIGAZIONE S.p.A. and GRIMALDI COPMPAGNIA DI NAVIGAZIONE SPA for the agency of the vessels of the first of them that call at the port of Igoumenitsa as well as of the existing Agency Agreement for the agency and commercial representation of the owned or chartered by the Group vessels calling at the port of Piraeus.
Total number of valid votes (for/against/blank) : 102.019.684 (percentage 95,363% of the paid-up share capital).
Votes:
For 102.019.684 (percentage 95,363% of the paid-up share capital)
Against 0
Blank 0
Abstention 5.544
Invalid 0
Heraklion, 20th June 2014
The Board of Directors