SFAKIANAKIS S.A. announces that οn the Annual Ordinary General Meeting held on 27.06.2017, the required by the Law quorum and majority was gathered, it was attended in person or represented by eight (8) shareholders representing 5,849,713 shares, out of a total of 7,914,480 shares (i.e. percentage of 73.91%), and decisions were made unanimously over the following items of the agenda:

1. The Annual Financial Statements (Parent and Consolidated) of fiscal year 2016 were approved, accompanied by the reports of the Board of Directors and the Chartered Auditor-Accountant for fiscal year 2016.

2. The discharge of the Members of the Board of Directors and the Chartered Auditor- Accountant from any liability and compensation for the Financial Statements (Parent and Consolidated) for fiscal year 2016 was approved.

3. The election for fiscal year 2017 of the auditing company KPMG Certified Auditors S.A., SOEL Reg. Number 114.

4. The remuneration and compensation of the members of the Board of Directors for fiscal year 2016 were approved and it was decided the amount of their remunerations and compensations for fiscal year 2017.

5. There were elected according to article 37 of Law 3693/2008 and article 44 of Law 4449/2017, Messrs. Vlasios Georgatos, Christophoros Katsambas and George Taniskidis as the members of the Audit Committee.

7. The allowance to the members of companyΆs Board of Directors to participate in the Board of Directors and the management of the subsidiary and associates, pursuant to article 23, par 1 Law 2190/1920, was approved.

8. It was approved the amendment of the 26.02.2010 Program for the issuance of a common bond loan of outstanding amount of € 34.0 mil. for the provision of additional collaterals of five hundred thousand Euros (€ 500.000).