ASPIS BANK SOCIETE ANONYME announces the resolutions of the Annual General Shareholder's Meeting of the 3rd May 2006, in which participated shareholders representing 35,663,936 shares (of which 35,657,643 shares (73.0236 %) were deposited in accordance with the requirements of the law and 6,293 shares (0.0129%) were deposited after the expiration of the legal timeframe) of the aggregate amount of 48,830,310 shares, i.e. 73.0365% of the share capital. All the decisions on the items of the agenda were taken unanimously. In particular and according to article 278 of the ATHEX Regulation, as it is in force today, the Agenda and the decisions taken at the Annual General Shareholder's Meeting are the following:
Item 1: The company's simple and consolidated Annual Financial Statements and the relevant management report of the Board of Directors for the financial year which ended on 31.12.2005 were approved.
Item 2: The Board of Directors members and auditors were discharged from any liability for indemnification for the financial year which ended at 31.12.2005.
Item 3: "KPMG KIRIAKOU Certified Auditors Accountants S.A." were appointed as the statutory auditors of the company for the financial year 1.1.2006 ? 31.12.2006.
Item 4: The execution of contracts according to article 23a of law 2190/1920 was approved.
Item 5: The remuneration of members of the Board of Directors for the financial year 2005 and the remuneration of members of the Board of Directors for the financial year 2006, according to articles 23a and 24 of law 2190/1920, was approved.
Item 6: The update of the stock option plan was approved.
Item 7: Permission was granted to Board of Directors members to participate in legal entities of similar scope to that of the Bank.
Item 8: The election of Mr Georgios Dagiantis and Konstantinos Petropoulos as members of the Board of Directors was approved in replacement of the resigned members, Mr Rafail Moisis and Petros Sinadinos, accordingly.
Item 9: A new Board of Directors and its independent members were elected, according to law 3016/2002, as it is in force today. Due to the above mentioned changes, the composition of the new Board of Directors is the following:
- Konstantinos Karatzas
- Nikolaos Kampas
- Panagiotis Nikas
- Konstantinos Petropoulos
- Loukas Kiriakopoulos (independent)
- Stilianos Argiros
- Georgios Galanakis (independent).
Item 10: The management of the company informed the Shareholders of its intention to convene in due time an extraordinary General Meeting with main item of the agenda the increase of the company's share capital with pre-emption rights for the existing shareholders, amounting to no less than 50 million euro. The company is already reviewing the specific terms of the share capital increase and the election of the consultant who will assist the company to any necessary action.