Heraklion, June 21, 2022

DRAFT RESOLUTIONS AND COMMENTS OF THE BOARD OF DIRECTORS

FOR THE ANNUAL GENERAL MEETING OF JULY 15th, 2022

addressed to the Shareholders of the S.A. Company

PLASTIKA KRITIS INDUSTRIAL AND COMMERCIAL S.A. COMPANY

General Commercial Registry Number: 77082927000

1st Issue- Submission for approval of the annual financial statements (Corporate and Consolidated) of the corporate year 2021 (01.01.2021 - 31.12.2021) as well as the reports of the Board of Directors and the Certified Auditor of the Company.

DRAFT RESOLUTION

The General Meeting approved, by a majority and proportion of valid votes…% of the paid-up share capital of the Company (ie… shares, and… valid positive votes), the Annual Financial Statements (Corporate and Consolidated) of corporate year 2021 as well as the reports of the Board of Directors and the Certified Auditor.

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

2nd Issue- Approval of the distribution of profits for the year 2021.

DRAFT RESOLUTION

The General Meeting approved, by a majority and proportion of valid votes…% of the paid-up share capital of the Company (ie… shares, and… valid positive votes), the distribution of the profits of the corporate year 2021. In detail, the profits of the year 2021 before taxes amounted to 45.105.549,48 euros and after the deduction of tax 6.663.419,04 euros, there are profits available for a total amount of 38.442.130,44 euros which will be allocated as follows:

Regular Reserve

1.928.577,32

Reserve L.4399

929.045,56

Reserve L.4172

Article 48

5.879.489,38

Reserve L.4172

Article 71A

7.419.665,93

Retained Earnings

22.285.352,25

Total

38.442.130,44

The distribution of net profits of 932.000 euros was also approved, which according to the principles and rules of International Accounting Standards had been taken into account for the formation of profits for the year 2021, for payment to members of the Board of Directors, who substantially contributed to the Company's objectives in the year 2021.

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

3rd Issue- Decreasing the share capital of the company by returning cash to the shareholders, by decreasing the nominal value of each share and amending article 5 of the Articles of Association.

DRAFT RESOLUTION

The General Meeting with …… valid votes corresponding to …. % of the paid-up share capital of

the Company approved the reduction of the share capital of the Company by 12,320,640 euros with a return of capital to the shareholders and the reduction of the nominal value of the share by 0.45, from 1,43 to 0,98 euro. After that, the share capital of the Company will amount to twenty- six million eight hundred thirty-one thousand six hundred sixteen euros (26,831,616) and will consist of 27,379,200 shares with a nominal value of 0.98 euro.

The return of capital that will be given is 0.45 euros per share and will be paid to the Shareholders of the company from its available cash according to the following schedule:

Monday 29.08.2022:

Cut off right of return of capital

Tuesday 30.08.2022:

Date of identification of capital return beneficiaries (record date)

Monday 05.09.2022:

Start of payments for capital return

The General Meeting then decided, with …… valid votes corresponding to ……% of the paid-up

share capital, to amend Article 5 of the Articles of Association with the following addition to its text:

"…… With the decision of the Ordinary General Meeting of 15.07.2022, the share capital of the

Company was reduced by twelve million three hundred twenty thousand six hundred forty euros (12,320,640) with a return of cash to the shareholders of 0.45 euros per share with a reduction of the nominal value of the share from 1,43 euros to 0,98 euros.

Thus the Share Capital of the Company amounts to twenty-six million eight hundred thirty-one thousand six hundred sixteen euros (26.831.616) and is divided into twenty-seven million three hundred seventy-nine thousand two hundred (27,379,200) registered shares with nominal value of 0,98 euros each one. »

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

4th Issue- Briefing of the Chairman of the Audit Committee on the Committee's activities in the fiscal year 2021.

The Chairman of the Audit Committee informs the General Meeting of shareholders on the activities of the Audit Committee during the corporate year 2021, submitting a relevant report according to the provisions of article 44 par. 1 (h) of law 4449/2017.

The revenant annual report on the activities of the Audit Committee for the year 2021 is made available on the company's website.

5th Issue- Approval of the overall management of the Company and release of the Certified Auditors-Accountants from any liability for compensation for the year 2021.

DRAFT RESOLUTION

The General Meeting approves, by a majority and proportion of valid votes…% of the paid-up share capital of the Company (ie… shares, and… valid positive votes), the overall management of the Company and the dismissal of Certified Auditors from any liability for compensation about the management of the Company and the Financial Statements for the year 2021.

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

6th Issue- Election of a regular and an alternate Certified Auditor for the year 2022 and determination of their remuneration.

DRAFT RESOLUTION

The General Meeting decided, by a majority and proportion of valid votes…% of the paid-up share capital of the Company (ie… shares, and… valid positive votes), the election of a regular and an alternate Certified Auditor for the fiscal year 2022 from the register of auditors of Α.Ε.Ο.Ε. S.O.L. Specifically, Mr. Ioannis Karapanos, son of Theodoros, Certified Public Accountant-Auditor with (Α.Μ.S.O.E.L 36981), and professional address F. Negri 3 Athens, and Mr. Evangelos Romanakis, son of Ioannis, Certified Public Accountant-Auditor with (Α.Μ.S.O.E.L 36541), and professional address L. 62 Martiron 209-211, Heraklion, Crete,9041), as an alternate auditor.

It is noted that the above mentioned Audit Company, in addition to performing the audit of the annual and semi-annual financial statements, of the XHTML and XBRL digital files and of the completeness of the information in the Annual Remuneration Report, will also undertake the process of issuing the annual certificate and the tax compliance report of the Company for the year 2022, in accordance with the provisions of article 65A of law 4174/2013 as amended by article 37 of law 4646/2019.

For the remuneration of the Certified Auditors the relevant decision of the Board of Directors of 15.06.2022 is valid, which was brought to the attention of the shareholders.

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

7th Issue- Provision of permission, according to article 98 par. 1 of law 4548/2018, to the members of the Board of Directors and the managers of the Company, to participate in the Boards of Directors or in the management of companies of the Group.

DRAFT RESOLUTION

The General Meeting approved, by a majority and proportion of valid votes…% of the paid-up share capital of the Company (ie …. shares, and… valid positive votes), the proposal of the Board

of Directors for granting a license, in accordance with article 98 par. 1 of law 4548 / 2018, to the members of the Board of Directors and the executives of the Company, to participate in the Boards of Directors or in the management of companies of the Group.

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

8th Issue- Approval of the remuneration of the Board of Directors paid as well as approval of the payment of remuneration to the members of the Board of Directors who are not paid a monthly salary nor are they remunerated from the profits.

DRAFT RESOLUTION

The General Meeting approves, by a majority and proportion of valid votes…% of the paid-up share capital of the Company (ie… shares, and… valid positive votes), the remuneration paid to the members of the Board of Directors who are not paid a monthly salary nor are they remunerated from the profits, based on its previous decision, as they are mentioned in detail in the remuneration report for the year 2021.

Also, with the same decision approves the payment of remuneration to the members of the Board of Directors who are not paid with a monthly salary nor are they remunerated from the profits, 600 euros per meeting attended in person or electronically. For decision-making cases, according to the procedure of article 26 par. 4 of the articles of association (recording of a decision without a meeting), the fee is set at 150 euros. For committee meetings, 300 euros per meeting attended in person or electronically. An hourly fee of 60 euros is proposed for the performance of tasks assigned to the members of the Board of Directors mentioned above as well as to the members of the committees.

The decision of the General Assembly will be valid both for the year 2022 and for subsequent years until its amendment by a newer decision.

Number of shares for which valid votes were given: …………

Percentage of shares with voting right: ………….

Valid: ………….

Vote upon the valid: …………

For: …………. Against: ………… Blanks/Abstention: ……………

9th Issue- Approval of the amendment of the remuneration policy in accordance with the provisions of article 110 of law 4548/2018.

DRAFT RESOLUTION

The Chairman informed about the unanimous suggestion of the Board of Directors to the General Meeting to approve the amended remuneration policy of the members of the Board of Directors as provided by article 110 par. 2 of Law 4548/2018.

The remuneration policy, which is brought to the attention of the shareholders and submitted for approval by the General Meeting, will have a duration of four years and will be applied to the

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Crete Plastics SA published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 09:33:01 UTC.