TT HELLENIC POSTBANK S.A.
Resolutions of the Ordinary General Meeting of June, 30th 2011
T.T. HELLENIC POSTBANK S.A., in the course of providing accurate and reliable information to the investors, its shareholders and every interested party, pursuant to Law 3556/2007 and the Athens Exchange Rulebook, announces that its Ordinary General Meeting of Shareholders was held on Thursday June, 30th, 2011, at 15:00 hours, at the Historic Hall of the Athens Exchange, 1 Pesmazoglou Street, in Athens.
The General Meeting was attended in person or proxy by shareholders representing 149.391.783 common shares and voting rights, out of a total of 284.465.964 common shares and voting rights, namely 52,517% of the total common share capital of the Bank.
The General Meeting, compiling the required by law quorum, took the following resolutions:
1st Item
The General Meeting approved the Board of Directors' Report for the fiscal year 2010.
2nd Item
The General Meeting approved the "Financial Statements on Consolidated and Stand Alone Basis, December 31st, 2010 in accordance with International Financial Reporting Standards", together with the relevant Report of the Auditors, decided ii) the non payment of dividend to shareholders and iii) the payment to the Hellenic Republic of the fixed 10% "dividend" of the capital paid for the preferred shares held by the Hellenic Republic.
3rd Item
The General Meeting discharged the members of the Board of Directors, executive and non executive, as well as the Auditors of the Bank from any liability for indemnity with respect to the terminated fiscal year commencing on January 1st, 2010 until December 31st, 2010.
4th Item
The General Meeting approved the fees and remuneration payments of the executive and non-executive members of the BoD for the terminated fiscal year, commencing on January 1st 2010 until December 31st 2010. Also, decided the preliminary approval of remuneration to be paid to members of the Board of Directors for the fiscal year 2011 expanding until the next Ordinary General Meeting of Shareholders.
5th Item
The General Meeting elected Mr. Psaltis Marios of Thomas and Mrs. Despoina Marinou of Peter, Certified Auditors, of the Audit Firm "PRICE WATERHOUSE COOPERS" to undertake the audit of the Financial Statements of the fiscal year commencing on January 1st 2011 until December 31st 2011. The General Meeting also approved their remuneration.
6th Item
Pursuant to article 23 of Law 2190/1920 and the Bank's Articles of Association, the General Meeting granted permission to members of the Board of Directors and Officers of the Bank, to participate in the BoD or in the management of both affiliated companies of the Bank and companies in which the Bank participates.
Finally, in accordance with Article 18, paragraph 7 of Law 2190/1920 it was announced that the Board of Directors at its meeting on June 22nd, 2011, had elected Mr. Andrea Taprantzis and Mr. Charalambos Siganos as new Non-Executive Members of the BoD, in replacement of two (2) resigned members, for the rest of their term, i.e. until December 11th, 2014.
The General Meeting was attended in person or proxy by shareholders representing 149.391.783 common shares and voting rights, out of a total of 284.465.964 common shares and voting rights, namely 52,517% of the total common share capital of the Bank.
The General Meeting, compiling the required by law quorum, took the following resolutions:
1st Item
The General Meeting approved the Board of Directors' Report for the fiscal year 2010.
2nd Item
The General Meeting approved the "Financial Statements on Consolidated and Stand Alone Basis, December 31st, 2010 in accordance with International Financial Reporting Standards", together with the relevant Report of the Auditors, decided ii) the non payment of dividend to shareholders and iii) the payment to the Hellenic Republic of the fixed 10% "dividend" of the capital paid for the preferred shares held by the Hellenic Republic.
3rd Item
The General Meeting discharged the members of the Board of Directors, executive and non executive, as well as the Auditors of the Bank from any liability for indemnity with respect to the terminated fiscal year commencing on January 1st, 2010 until December 31st, 2010.
4th Item
The General Meeting approved the fees and remuneration payments of the executive and non-executive members of the BoD for the terminated fiscal year, commencing on January 1st 2010 until December 31st 2010. Also, decided the preliminary approval of remuneration to be paid to members of the Board of Directors for the fiscal year 2011 expanding until the next Ordinary General Meeting of Shareholders.
5th Item
The General Meeting elected Mr. Psaltis Marios of Thomas and Mrs. Despoina Marinou of Peter, Certified Auditors, of the Audit Firm "PRICE WATERHOUSE COOPERS" to undertake the audit of the Financial Statements of the fiscal year commencing on January 1st 2011 until December 31st 2011. The General Meeting also approved their remuneration.
6th Item
Pursuant to article 23 of Law 2190/1920 and the Bank's Articles of Association, the General Meeting granted permission to members of the Board of Directors and Officers of the Bank, to participate in the BoD or in the management of both affiliated companies of the Bank and companies in which the Bank participates.
Finally, in accordance with Article 18, paragraph 7 of Law 2190/1920 it was announced that the Board of Directors at its meeting on June 22nd, 2011, had elected Mr. Andrea Taprantzis and Mr. Charalambos Siganos as new Non-Executive Members of the BoD, in replacement of two (2) resigned members, for the rest of their term, i.e. until December 11th, 2014.