M. J. MAILLIS S.A.
Resolutions of the annual general shareholder's meeting.
The Annual Ordinary General Meeting, was held on Thursday, June 26, 2008, at 17:30, at MUSEUM GOULANDRI OF NATURAL HISTORY - GAIA ("Aggelos Goulandris" hall), at Kifissia Attikis, 100 Othonos Str. The total number of shareholders that were present or represented were 19 corresponding to 33,261,518 shares out of 73,176,746 shares, which represent a percentage of 45.45 %.
The following agenda issues were discussed and decided:
1. The General Meeting, by 33,184,292 votes for, approved the Annual Financial Statements (Company's and Consolidated), for the fiscal year 2007 (1.1.2007 - 31.12.2007)
2. The General Meeting, by 33,184,292 votes for, after calling each one of the shareholders who were present and entitled to vote for this issue according to article 35 of Regulatory Law 2190/1920, released the Board of Directors and the Auditor from any liability in regards to the Balance Sheet, the Fiscal Year results and the management of the Company as well as the Consolidated fiscal year results - balance sheet and management of fiscal year 2007.
3. The Shareholders Meeting decided unanimously the election of the company PRICEWTERHOUSECOOPERS as the Certified Auditor for the fiscal year 2008 (1.1.2008 - 31.12.2008) and defined its fees
4. The General Meeting, by 33,183,778 votes for, approved the salaries and fees of members of the Board of Directors.
5 The Shareholders Meeting decided unanimously to grant the authorization, according to article 23, par. 1, of Regulatory Law 2190/1920, to members of the Board of Directors and to company's executives to participate in the management or the administration of companies belonging to the company group, which pursue the same or similar purposes.
6. The Shareholders Meeting decided unanimously to ratify the election by the Board of Directors held on 30.08.2007, of Mr Victor Papaconstantinou in replacement of the resigned Director Mr. Charalampos Stavrinoudakis. Mr Papaconstinou 's office is to expire along with the term of the current Board of Directors.
7. The Shareholders Meeting decided unanimously the use of 1,828,360.36 Euros out of the reserves of the Company in order to cover its own participation in an investment plan under development law 3299/2004.
The following agenda issues were discussed and decided:
1. The General Meeting, by 33,184,292 votes for, approved the Annual Financial Statements (Company's and Consolidated), for the fiscal year 2007 (1.1.2007 - 31.12.2007)
2. The General Meeting, by 33,184,292 votes for, after calling each one of the shareholders who were present and entitled to vote for this issue according to article 35 of Regulatory Law 2190/1920, released the Board of Directors and the Auditor from any liability in regards to the Balance Sheet, the Fiscal Year results and the management of the Company as well as the Consolidated fiscal year results - balance sheet and management of fiscal year 2007.
3. The Shareholders Meeting decided unanimously the election of the company PRICEWTERHOUSECOOPERS as the Certified Auditor for the fiscal year 2008 (1.1.2008 - 31.12.2008) and defined its fees
4. The General Meeting, by 33,183,778 votes for, approved the salaries and fees of members of the Board of Directors.
5 The Shareholders Meeting decided unanimously to grant the authorization, according to article 23, par. 1, of Regulatory Law 2190/1920, to members of the Board of Directors and to company's executives to participate in the management or the administration of companies belonging to the company group, which pursue the same or similar purposes.
6. The Shareholders Meeting decided unanimously to ratify the election by the Board of Directors held on 30.08.2007, of Mr Victor Papaconstantinou in replacement of the resigned Director Mr. Charalampos Stavrinoudakis. Mr Papaconstinou 's office is to expire along with the term of the current Board of Directors.
7. The Shareholders Meeting decided unanimously the use of 1,828,360.36 Euros out of the reserves of the Company in order to cover its own participation in an investment plan under development law 3299/2004.