BANK OF CYPRUS PUBLIC COMPANY LTD
Resolutions of the shareholders' annual general meeting and the meeting of the Board of Directors (Correct Repetition)
The Bank of Cyprus Shareholders' Annual General Meeting (AGM) was held on 24 May 2011 in Nicosia. The AGM was attended by 2.754 shareholders, either in person or by proxy, who represented 293.484.360 shares, that is 32,79% of the total share capital.
The AGM received and considered the Directors' Report and the Consolidated Financial Statements of the Bank of Cyprus Group for the year ended 31 December 2010.
The AGM discussed and resolved on the following:
(a) Approved the proposal of the Board of Directors for the payment of a final dividend of €0,03 per share in addition to the interim dividend of €0,06 per share which was paid to the shareholders in November 2010 (Note 1).
The record date is Thursday, 2 June 2011 and the ex-dividend date is Tuesday, 31 May 2011. The dividend will be paid to eligible shareholders on Thursday, 16 June 2011.
(b) Approved the re-election of the retiring directors Anna Diogenous, Irene Karamanou, Stavros J. Constantinides, Manthos Mavrommatis, Vasilis G. Rologis, Nikolas P. Tsakos, and Christakis G. Christofides.
(c) Approved the remuneration of the members of the Board of Directors and the Board of Directors' Remuneration Report.
(d) Approved the re-appointment of the auditors Ernst & Young and authorised the Board of Directors to determine their remuneration.
Following the AGM, the Board of Directors convened a meeting in which Messrs Theodoros Aristodemou and Andreas Artemis were elected unanimously as Chairman and Vice-Chairman, respectively.
The Board of Directors comprises the following directors:
Theodoros Aristodemou Chairman
Andreas Artemis Vice-Chairman
George Μ. Georgiades Member
Anna Diogenous Member
Andreas Eliades Member
Andreas J. Jacovides Member
Irene Karamanou Member
Yiannis Kypri Member
Stavros J. Constantinides Member
Manthos Mavrommatis Member
Christos Mouskis Member
Evdokimos Xenophontos Member
Yiannis Pechlivanidis Member
Vassilis G. Rologis Member
Costas Z. Severis Member
Nikolas P. Tsakos Member
Costas Hadjipapas Member
Christakis G. Christofides Member
Note 1: The final dividend will be paid out of retained earnings as at 31 December 2010.
The AGM received and considered the Directors' Report and the Consolidated Financial Statements of the Bank of Cyprus Group for the year ended 31 December 2010.
The AGM discussed and resolved on the following:
(a) Approved the proposal of the Board of Directors for the payment of a final dividend of €0,03 per share in addition to the interim dividend of €0,06 per share which was paid to the shareholders in November 2010 (Note 1).
The record date is Thursday, 2 June 2011 and the ex-dividend date is Tuesday, 31 May 2011. The dividend will be paid to eligible shareholders on Thursday, 16 June 2011.
(b) Approved the re-election of the retiring directors Anna Diogenous, Irene Karamanou, Stavros J. Constantinides, Manthos Mavrommatis, Vasilis G. Rologis, Nikolas P. Tsakos, and Christakis G. Christofides.
(c) Approved the remuneration of the members of the Board of Directors and the Board of Directors' Remuneration Report.
(d) Approved the re-appointment of the auditors Ernst & Young and authorised the Board of Directors to determine their remuneration.
Following the AGM, the Board of Directors convened a meeting in which Messrs Theodoros Aristodemou and Andreas Artemis were elected unanimously as Chairman and Vice-Chairman, respectively.
The Board of Directors comprises the following directors:
Theodoros Aristodemou Chairman
Andreas Artemis Vice-Chairman
George Μ. Georgiades Member
Anna Diogenous Member
Andreas Eliades Member
Andreas J. Jacovides Member
Irene Karamanou Member
Yiannis Kypri Member
Stavros J. Constantinides Member
Manthos Mavrommatis Member
Christos Mouskis Member
Evdokimos Xenophontos Member
Yiannis Pechlivanidis Member
Vassilis G. Rologis Member
Costas Z. Severis Member
Nikolas P. Tsakos Member
Costas Hadjipapas Member
Christakis G. Christofides Member
Note 1: The final dividend will be paid out of retained earnings as at 31 December 2010.