Athens, June 22, 2021

Decisions of the Shareholders' Ordinary General Assembly held on June 22, 2021

Today, the 22^nd day of June 2021, TERNA ENERGY FINANCE S.A. held the Ordinary General Assembly, in which the sole shareholder, TERNA ENERGY S.A., duly represented, participated and the following decisions were made:

Item 1:  The General Assembly approved the Financial Statements for the fiscal year 2020, as these statements were posted on the CompanyΆs website as well as on the website of the Athens Stock Exchange and as they were analytically presented in the Annual Financial Report. 

Item 2: The General Assembly approved the overall management during the fiscal year 2020.

Item 3: The General Assembly decided not to distribute any profits.   

Item 4: The General Assembly discharged the Auditor from every liability or indemnification obligation deriving from the exercise of his duties for the fiscal year 2020.

Item 5: The General Assembly elected the auditing firm GRANT THORNTON, for the audit of the Financial Statements of 2021, with fees based on the ones paid for the year 2020 as may be adjusted depending on the audit requirements.  

Item 6:  

The General Assembly elected a new Audit Committee, for a two yearsΆ term, consisting of Mr. Nikolaos Kalamaras, who is not a member of the BoD and fulfills the provisions of independence of L.4706/2020, as Chairman of the Committee, Mr. Georgios Mergos, independent non-executive member and Mrs.  Chatziarseniou Dimitra, Vice-Chairperson of the BoD and non-executive executive member, as members of the Committee. The elected Members of the Audit Committee, meet the requirements of article 44 of law 4449/2017, meet in their majority the condition of independence according to the Law, its Chairman has sufficient knowledge in the field of auditing and accounting and all Members are able to implement their responsibilities and obligations.

Item 7: The General Assembly granted its permission and approval for the participation of Members of the Board of Directors and Executives of the Company in the management of other companies, which are connected to the Company in any way.

Regarding Item 8 “Various announcements, approvals and discussion of issues of general interest” no issues for approval and decision making were raised.  

The CompanyΆs Management made reference to issues related to the CompanyΆs regular operation.