Alimos, July 29th, 2020
The Ordinary General Assembly of the Company KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. which was held on 29.07.2020, with the required by Law and the Articles of Association quorum, decided the following:
1) The Annual Financial Report for the period 01.01.2019 to 31.12.2019, as well as the report by the Auditor, were approved.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
2) The total management of the period 01.01.2019 to 31.12.2019 was approved and the Auditor was released from any liability of compensation arising from the Annual Financial Report.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
3) The auditing firm “SOL S.A.” (Reg. N. SOEL 125) was elected as Auditors for the period 01.01 – 31.12.2020 and specifically as regular auditor Mr. Meletios Siast;athis of Dimitrios (Reg. N. SOEL 12181) and as substitute auditor Mr. Theodoros Papagiannos of Ioannis (Reg. N. SOEL 26461) and the remuneration for the fiscal period 2019 paid to auditor Mr. Theodoros Papagiannos was approved.
Quorum of 25% (i.e. 1.898.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 1.898.869 shares and votes out of an equal number of attending shares). In accordance with article 124 par.8 of Law 4548/2018, the vote for the election of auditors was not attended by shareholders who are also members of the BoD, holding 2.894.000 shares and votes.
4) The General Assembly decided to not distribute a dividend from the profits of the year 2019 and to transfer the profits of said period to the remaining profits of previous periods.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
5) The new Remuneration Policy of the company following material change of circumstances was approved, in accordance with articles 110 and 111 of Law 4548/2018.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
6) The remuneration and expenses paid to members of the Board of Directors for the period 2019 were approved and their remuneration up to the Ordinary General Meeting of 2021 was determined.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
7) The Remuneration Report of the company for the period 2019 was voted, in accordance with article 112 of Law 4548/2018.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
8) The G.M. granted permission, in accordance with article 98 of Law 4548/18, to the members of the BoD or executives of the company to participate in the BoD or the management of companies with similar scope.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
9) The G.M. determined the term of the current independent Audit Committee as equal to the term of the current BoD, i.e. up to the Ordinary G.M. of 2023.
Quorum of 64,29% (i.e. 4.882.869 shares and votes out of a total of 7.595.160) and by 100% majority (i.e. 4.882.869 shares and votes out of an equal number of attending shares).
FOR KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A.
DEPARTMENT OF COMPANY ANNOUNCEMENTS
