Decisions of the Extraordinary General Assembly held on September 8th, 2022
Pursuant to the provisions of section 4.1.3.3 of the Regulation of the Athens Exchange, MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (the Company) hereby announces that the Extraordinary General Assembly was convened on September 8th, 2022 at 10:00 hours at Athens Plaza hotel, Syntagma Square with shareholders being present representing a percentage of 71.77% of the share capital. The quorum percentage amounted to 72.34% because, according to the provisions of article 50 of the Law 4548/2018, the percentage of the own shares held by the Company was not taken into account.
The General Assembly of the Shareholders decided that it is in the best interests of the Company and «MOTOR OIL RENEWABLE ENERGY SINGLE MEMDER S.A.» and approved (a) the transaction between “MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A.” and “ELLAKTOR S.A.” for the acquisition of ELLAKTOR’s 75% of the Renewable Energy Sources sector from the 100% subsidiary company named “MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A.” and (b) the signing of the relevant draft of the Sale-Purchase Agreement and the draft of the Shareholders’ Agreement between “MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A.” and “ELLAKTOR S.A.”.
Further, the General Assembly authorized the Board of Directors to enter into all necessary agreements, to execute all necessary documents and to carry out all necessary actions so that «MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A.» will enter into the aforementioned transactions and agreements.
Maroussi, September 8th, 2022
The Board of Directors