The company ELVAL S.A. announces that, on Thursday, 13 June 2013 and 13:00 p.m., its shareholders assembled at the Annual General Shareholders Meeting at the PRESIDENT hotel in Athens. Eighteen (18) shareholders were present, owners of 91,944,625 shares of total 124,100,815 shares, namely the 74.09%.

 

On the topics of the General Meeting the shareholders decided the following:

 

1.      The approval of the annual financial statements of fiscal year 2012, with the relevant reports of the Board of Directors and Auditors. (Votes: 91,944,625 (i.e. 100% of attending votes), votes for 91,944,625 (i.e. 100% of attending votes)).

 

2.      The discharge of the members of the Board of Directors and Auditors from every compensation liability for the fiscal year 2012. (Votes: 91,944,625 (i.e. 100% of attending votes), votes for 91,944,625 (i.e. 100% of attending votes)).

 

3.      The election as independent auditors for the fiscal year 2013 the auditing company of KPMG CERTIFIED AUDITORS A.E., according to their offer. (Votes: 91,944,625  (i.e. 100% of attending votes), votes for 91,944,625 (i.e. 100% of attending votes)).

 

4.      The approval of the election of Mr. Michael Stasinopoulos as a new executive Member, in place of Mr. John Panagiotopoulos. (Votes: 91,944,625 (i.e. 100% of attending votes), votes for 91,944,625 (i.e. 100%)).

 

5.  The election as a new Board of Directors of the company for a term of one (1) year the following:

(1) MILTIADIS LIDORIKIS

(2) DIMITRIOS KYRIAKOPOULOS,

(3) MICHAEL STASINOPOULOS,

(4) KONSTANTINOS KATSAROS,

(5) NIKOLAOS KOUDOUNIS,

(6) ANDREAS KYRIAZIS, independent member,

(7) KONSTANTINOS BAKOURIS,

(8) ABRAHAM MEYIR,

(9) KONSTANTINOS KOUKLELIS,

(10) GERARD DECOSTER, independent member,

(11) REINHOLD WAGNER

(Votes: 91,944,625 (i.e. 100% of attending votes), votes for 91,943,363 (i.e. 99.999% of attending votes), votes against 1,262 (i.e. 0.001% of attending votes)).

 

6.   The election of the following Audit Committee members, according to Article 37 of the Law No 3693/2008:

1) ANDREAS KYRIAZIS, non-executive, independent member

(2) ABRAHAM MEYIR,

(3) KONSTANTINOS KOUKLELIS.

(Votes: 91,944,625  (i.e. 100% of attending votes), votes for 91,944,625 (i.e. 100% of attending votes)).

 

7.   The approval of the remuneration of members of the Board of Directors in accordance with article 24 par. 2 of the Law No 2190/1920. (Votes: 91,944,625  (i.e. 100% of attending votes), votes for 91,944,625 (i.e. 100% of attending votes)).

 

8.   There were no other announcements.