Premia: Η Γ.Σ. approved the non-distribution of dividend for the year 2021

The Ordinary General Meeting of Premia shareholders unanimously decided the company not to distribute a dividend for the year 2021.

According to the corporate announcement:

The company with the name “PREMIA REAL ESTATE INVESTMENT SOCIETE ANONYME” and the distinctive title “PREMIA PROPERTIES” (the “Company”) informs the investing public that on 24.06.2022 the representing 69,743,773 shares and voting rights, ie 80.49% of the total paid-up share capital and voting rights of the Company and consequently there was a quorum for the discussion and decision-making on all the items on the agenda.

The following decisions were discussed and taken at the General Assembly:

Item 1: Submission and approval of the Annual Financial Statements of the Company (including the consolidated financial statements) of the corporate year 2021 (01.01.2021 to 31.12.2021) after the Reports of the Board of Directors and the Certified Auditors. On this issue, the General Meeting unanimously approved the Annual Financial Report of the Company and the Group for the corporate year 2021 (01.01.2021 to 31.12.2021), after the Annual Financial Statements (corporate and consolidated) of the said Corporate Fiscal Year (01.01 .2021 to 31.12.2021) as well as the relevant Reports of the Board of Directors and the Certified Auditors – Accountants, which are attached to this minutes as Annex 1.

Item 2: Approval, according to article 108 of law 4548/2018, of the total management that took place during the corporate year 2021 and release of the certified auditors from any responsibility for the control of the year 2021. The Ordinary General Meeting, after an obvious voting, unanimously approved according to article 108 of Law 4548/2018 the total management that took place during the Corporate Fiscal Year 2021. It is noted that the members of the Board. they voted only with the voting rights on shares they own, as well as as representatives of other shareholders, from whom they had received relevant authorization with explicit and specific voting instructions. In addition, the General Meeting unanimously relieved the Certified Auditors – Accountants from any responsibility for their activity, during the corporate year 2021.

Item 3: Election of a regular and an alternate Certified Auditor – Accountant for the regular audit of the financial statements of the Company (including the consolidated financial statements) of the year 2022 and the tax audit of the year 2022 and determination of their remuneration. The Ordinary General Meeting, following a proposal of the Audit Committee, unanimously decides such as the regular audit of the annual and semi-annual Financial Statements (corporate and consolidated) as well as the annual tax audit of the company for the year 2022 (1.1.2022-31.12.2022) carried out by the Auditing Company “Ernst & Young SA” from which will be appointed as Regular Auditors Mr. Andreas Hatzidamianou (ID SOEL 61391) and Ms. Eleonora Seka (ID S.O. .ΕΛ 50131), and as Deputy Auditor Mr. Vassilios Tzifas (Reg. No. S.O.E. 30011). .

Item 4: Decision on non-distribution of dividend for the year 2021 The Ordinary General Meeting unanimously decided the Company not to distribute dividend for the year 2021.

Item 5: Election of Independent Appraisers for the corporate year 2022 and provision of authorization. The Ordinary General Meeting unanimously decided, as designated SAVILLIS HELLAS IKE as an independent appraiser, to assess the value of the Company’s investments for the corporate year 2022, in accordance with article 22 par. 7 of law 2778/1999. In addition, the Ordinary General Meeting authorizes the Board of Directors of the Company, to determine the exact amount of the remuneration of the above Company. Finally, the Ordinary General Meeting authorizes the Board of Directors of the Company to select an additional appraiser in case this is deemed either necessary or in the interest of the Company and to negotiate and agree on its remuneration.

Item 6: Submission for discussion and voting of the salary report of no. 112 of Law 4548/2018 for the year 2021. The Ordinary General Meeting, after an open vote, unanimously approved the Remuneration Report for the year 2021, which has been prepared in accordance with the provisions of article 112 of Law 4548/2018. The text of the earnings report for the year 2021 has been posted as a separate document on the Company’s website and is attached to this Minute as Annex 2.

Item 7: Amortization of accounting losses, previous years, amounting to 67,279,462.99 euros of the company with equal offset from the difference from the issuance of shares in favor of the share in accordance with article 35 par.3 (b) Law 4548/2018 as amended by article 80 N 4916/2022. The Ordinary General Meeting unanimously decided the amortization of the Accounting losses, previous years, amounting to 67,279,462.99 relating to accounting losses until 31/12/2020 with an equal offset from the difference from the issuance of premium shares in accordance with article 35 par.3 (b) Law 4548/2018 as amended by article 80 Law 4916/2022.

Issue 8: Extension of Own Shares Acquisition Program. The Ordinary General Meeting unanimously decided to extend the program for the acquisition of own shares of the Company (art. 49 of Law 4548/2018 and pursuant to Regulation EU / 596/2014 and the delegated Regulation EU / 1052/2016) that was decided by 20.11.2020 Extraordinary General Meeting of the Company for an additional twenty four (24) months in accordance with the following terms: Acquisition of own shares of the Company, corresponding to a maximum of 10% of the total paid-up share capital of the Company , within a period of 24 months from the date of the relevant decision by the General Meeting, with a range of purchase prices from 0.50 euros per share (minimum) to 4.00 euros per share (maximum) in compliance with applicable law and regulatory framework.

Item 9: Approval of payment of remuneration and compensations to the members of the Board of Directors and its Committees for the corporate year 2021 and their pre-approval for the corporate year 2022. The General Assembly unanimously approved the remuneration and compensation paid to the members of the Board of Directors and Committees during the year 2021. Then the General Meeting unanimously pre-approved the fees and compensations that will be paid to the members of the Board of Directors and the Committees during the corporate year 2022.

Item 10: Issuance of license according to article 98 par. 1 of law 4548/2018 to the members of the Board of Directors and to Directors to participate in boards of directors and / or in the management of other companies. The General Meeting unanimously granted the permission according to article 98 par. 1 of Law 4548/2018, to the members of the Board of Directors and the Directors of the Company to participate in Boards of Directors and / or in the management of other companies even if they have similar or similar purpose.

Item 11: Submission of the annual report of the Audit Committee for the corporate year from 01.01.2021 to 31.12.2021. The Chairman of the Audit Committee informed the shareholders of the Company about the content of the report of the Audit Committee, which includes, among other details, the Company’s concern in the context of its operation to adopt principles and take actions to improve the financial, environmental and social performance. The report of the activities of the Audit Committee has been posted as a separate document on the Company’s website “.