As part of the publication of 9Μ 2015 financial statements and pursuant to Article 4.1.4.4 of ATHEX Rulebook, NIREUS SA notes the following:

On October 2nd, 2015, the coverage of the companyʼs share capital through the capitalization of bank borrowing amounting to euro 58.599.999 was completed, following the decisions of the 1st Repeated Ordinary General Meeting of Shareholders that convened on May 4th, 2015.

On October 16th, 2015, the refinancing of loans in compliance with the contents of the Memorandum of Understanding dated on March 23th, 2015, which had been concluded with by the banks, was completed.

NIREUS SA proceeded in the implementation of the process of merger by absorption of the consolidated company SEAFARM IONIAN, applying the other terms of the restructuring agreement.

On December 22th, 2015, the merger was approved according to the decision number 133423 dated on December 22nd, 2015 by the Ministry of Economic Development and Tourism that was registered to the General Commercial Registry (G.E.M.I.) on December 22nd, 2015 under the registration code number 481808.

The management of NIREUS SA after taking into consideration the aforementioned will take the necessary actions to request the removal of the company's shares from the surveillance category, according to the Athens Stock Exchange Regulation.