Thessaloniki Water and Sewage : INVITATION

Thessaloniki 12/05/2017 Towards the Company Shareholders

of E.Y.A.Th. S.A. Reg. No.:13075

J.S.Co.Reg.No. 41913/06/Β/98/32

Regisrty No: 58240404000

Shareholders Office and Company Announcements

Τel.: + 30 2310 286-613

FAX: [phone]

INVITATION

Of the shareholders of the SA Company under the title «WATER SUPPLY AND

SEWERAGE SYSTEMS

COMPANY OF THESSALONIKI S.A» and the distinct

title «EYATH S.A» (S.A register number 41913/06/Β/98/32) and Registry Office No. 58240404000 with headquarters in Thessaloniki, on Annual General Assembly.

According to the Law and the Company's Articles of Association Decision of the Board of Directors, the Company Shareholders are

and after the invited in the

Annual General Assembly on the8thof June 2017, Thursday and at 11:00 a.m., in

the Greek Central Securities Depository SA (formerly Thessaloniki Stock Exchange Centre), Katouni Street 16-18 in order to discuss and conclude to decisions upon the following daily agenda issues:

A. DAILY AGENDA ISSUES

Issue 1: Approval of the annual financial statements of the Company, Board of Director's Statements and Auditor's Statements for the 16thFiscal Year (1-1-2016 to 31-12-2016)

Issue 2: Discharge of the members of the BoD and the Chartered Auditors from any liability regarding the actions of the last Managerial fiscal year (1-1-2016 until the 31- 12-2016).

Issue 3: Approval of dividend payment to the Company shareholders.

Issue 4: Validation of the election of a new member of the Board of Directors to replace a resigned member

Issue 5: Redifining the membership of the Board of Directors

Issue 6: Appointment of Audit Committee in accordance with Article 37 of Law 3693/2008

Issue 7: Approval of remuneration and compensation paid to members of the Board during the fiscal year 2016 and determination of remuneration to the President and CEO, Board Members and Secretary during the fiscal year 2017.

Issue 8: Appointment of the Chartered Auditor's Company, for the regular and fiscal audit for the year 2017 and approval of their fees.

Issue 9: Various Announcements - Suggestions.

1. PARTICIPATION RIGHT & VOTE IN THE EXTRAORDINARY GENERAL ASSEMBLY

   According to the article 26 par. 2b of the L. 2190/1920, as in application after its amendment from the article 3 of the l. 3884/2010, the Company informs the shareholders for the following:

   In the Annual General Assembly has the right to participate anyone appearing as a shareholder in the records of the Dematerialized Securities System managed by the Greek Stock Exchange S.A in which the Company's' securities (shares) are kept. As proof of the shareholding right, submission of a relevant written affirmation by the above mentioned agency is accepted or alternatively with the direct electronic connection of the Company to the records of the responsible agency.

   The right as shareholder must be current by Saturday 03.06.2017 (registration date), that is, at the beginning of the fifth (5th) day prior to the 08.06.2017 when the Annual General Assembly is held and the respective affirmation or electronic confirmation regarding the shareholder right must be submitted to the Company the latest by the 05.06.2017, that is, the third (3rd) day before the Annual General Assembly is held.

   As far as the Company is concerned, only those who are shareholders on the date of registration can hold participation and voting rights.

   In case of non compliance towards the provisions of article 28a E.L 2190/1920, any shareholder can only participate in the General Meeting upon Company permission.

   It is noted that the practising of these rights (participation and voting) does not require the binding of the beneficiary's shares or any other similar procedure, which limits the option to sell or purchase shares during the time period between the date of registration and the date the General Meeting is held.

   In the case of non quorum participation, cancellation or postponement, for the daily agenda issues, the shareholders are invited to:

   The Α' Repetitive General Assembly on the 22/06/2017, Thursday at 11.00 a.m., at the same place (the Greek Central Securities Depository SA), which are liable to attend and vote all the Shareholders which are registered in the shareholder's registry, during the beginning of the 18/06/2017(registry date) or/and

   The Β΄ Repetitive General Assembly on the 06/07/2017, Thursday at 11.00 a.m., at the same place (the Greek Central Securities Depository SA), which are liable to attend and vote all the Shareholders which are registered in the shareholder's registry, during the beginning of the 02/07/2017 (registry date).

   In case of repeated General Assembly, the relevant written certification or the electronic verification of shareholder status must be received by the Company, on receipt, no later than the third day prior to the General Meeting, ie until 19.06.2017 and 03.07.2017, respectively.

2. MINORITY SHAREHOLDER RIGHTS

3. By a shareholders application representing one twentieth (1/20) of the deposited capital stock, the Company Board of Directors is obliged to include additional issues in the daily agenda of the General Meeting, if the application has been received prior to the 24.05.2017 that is, fifteen (15) days at least prior to the Annual General Assembly.

   The application for the registration of additional issues on the Daily Agenda is accompanied by a justification or by a decision plan to be approved by the General Meeting and the reviewed Daily Agenda is published in the same way as the previous Daily Agenda, on the 26.05.2017, that is, thirteen (13) days prior to the date the Regular General Meeting is held and at the same time, it is made available to shareholders on the Company webpage (see below), along with the justification or the submitted by shareholders decision plan in accordance with the provisions of article 27 par. 3, E.L. 2190/1920.

4. By a shareholders application representing one twentieth (1/20) of the deposited capital stock, the Board of Directors provides available to shareholders, in accordance with the provisions of article 27, par. 3 of L 2190/1920, on the 02/06/2017 at the latest, that is, six (6) days at least prior to the General Meeting, decision plans on issues included in the initial or reviewed daily agenda, if the said application is

   submitted to the Board of Directors until the 01/06/2017, that is, seven (7) days at least prior to the date the General Meeting is held.

5. Following an application submitted by any shareholder to the Company until the 03/06/2017, that is, five (5) full days at least prior to the General Meeting, the Board of Directors is obliged to provide the General Meeting with the required specific information on Company cases, to the extend they are useful for the actual assessment of the daily agenda issues.

   The Board of Directors can refuse to provide information for sufficient cause, which is mentioned in the minutes.

   The Board of Directors can uniformly reply to shareholder applications of the same content.

   There is no obligation to provide information when the relevant information is already posted on the Company webpage, especially in the form of questions and answers.

6. Following an application submitted by shareholders representing one fifth (1/5) of the deposited capital stock, submitted to the Company until the 03/06/2017, that is, five (5) full days at least prior to the Extraordinary General Assembly, the Board of Directors is obliged to provide the General Meeting with information on the course of Company cases and on the Company's financial status.

7. The Board of Directors can refuse to provide information for sufficient cause which is mentioned in the minutes. Respective deadlines for the likely exercise of minority rights of shareholders are valid even in the case of Repetitive General Meetings.

   In all the above mentioned cases the applying shareholders are required to prove their shareholder status and the number of owned shares on the date their rights are exercised. A confirmation document from the agency in which the securities are kept suffices as proof or the confirmation of the shareholding right with a direct electronic connection of the relevant agency and the Company.

8. PROCEDURE FOR VOTING RIGHTS EXERCISE VIA REPRESENTATIVE - PROXY

9. The shareholder participates in the General Meeting and votes either in person or via representative - proxy

   Each shareholder can appoint up to three (3) representatives - proxies.