Viohalco S A : Results of the ordinary shareholders’ meeting of 30 May 2017

PRESS RELEASE OF VIOHALCO SA Brussels, 30 May 2017

The enclosed information constitutes regulated information as defined in the Belgian law of 2nd August 2002 and the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

Results of the ordinary shareholders' meeting of 30 May 2017

Viohalco SA announces that the ordinary shareholders' meeting took place on 30 May 2017. During the meeting, shareholders representing 176,146,349 shares (i.e. 67.96% of the total number of 259,189,761 outstanding shares) were present or represented. This satisfies the quorum requirements under the company's articles of association.

The following decisions were approved during the ordinary shareholders' meeting of 30 May 2017:

• Approval of the annual accounts for the financial year ended 31 December 2016, including the allocation of results contained therein.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,007,553 (84.03% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,138,796 (15.97% of the shares present or represented).

• Discharge to the members of the Board of Directors from any liability arising from the performance of their duties during the financial year ended on 31 December 2016.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,007,553 (84.03% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,138,796 (15.97% of the shares present or represented).

• Discharge to the statutory auditors from any liability arising from the performance of their duties during the financial year ended on 31 December 2016.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,007,553 (84.03% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,138,796 (15.97% of the shares present or represented).

• Renewal of the appointment of Mr. Nikolaos Stassinopoulos as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares

• Renewal of the appointment of Mr. Jacques Moulaert as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares present or represented), against: 136,542 (0.08% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Evangelos Moustakas as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,131,961 (84.10% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Michail Stassinopoulos as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares present or represented), against: 136,542 (0.08% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Ippokratis Ioannis Stasinopoulos as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares present or represented), against: 136,542 (0.08% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Jean Charles Faulx as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares present or represented), against: 136,542 (0.08% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Xavier Bedoret as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares

• Renewal of the appointment of Mr. Rudolf Wiedenmann as member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 147,995,419 (84.02% of the shares present or represented), against: 136,542 (0.08% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Efthimios Christodoulou as independent member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018; Mr. Christodoulou complies with the criteria of independence set forth in article 526ter of the Belgian Companies Code.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,131,961 (84.10% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Francis Mer as independent member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018; Mr. Mer complies with the criteria of independence set forth in article 526ter of the Belgian Companies Code.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,131,961 (84.10% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal of the appointment of Mr. Thanasis Molokotos as independent member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018; Mr. Molokotos complies with the criteria of independence set forth in article 526ter of the Belgian Companies Code.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,131,961 (84.10% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Renewal the appointment of Mr. Vincent de Launoit as independent member of the Board of Directors, for a term of one year expiring at the end of the annual ordinary shareholders' meeting to be held in 2018; Mr. de Launoit complies with the criteria of independence set forth in article 526ter of the Belgian Companies Code

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,131,961 (84.10% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Approval of the remuneration report for the financial year 2016 as set out in the 2016 annual report, including the remuneration policy.

  Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 146,401,201 (83.12% of the shares present or represented), against: 1,730,760 (0.98% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

• Approval of the remuneration of the member of the Board of Directors.

Number of shares to which corresponded valid votes: 176,146,349 (100% of the shares present or represented). Number of votes for: 148,131,961 (84.10% of the shares present or represented), against: 0 (0% of the shares present or represented), abstained from voting: 28,014,388 (15.90% of the shares present or represented).

About Viohalco

Viohalco is the Belgium based holding company of a number of leading metal processing companies in Europe. It is listed on Euronext Brussels (VIO) and the Athens Stock Exchange (BIO). Viohalco's subsidiaries specialise in the manufacture of aluminium, copper, cables, steel and steel pipes products, and are committed to the sustainable development of quality, innovative and value added products and solutions for a dynamic global client base. With production facilities in Greece, Bulgaria, Romania, Russia, Australia, FYROM, Turkey and the United Kingdom, Viohalco companies collectively generate annual revenue of EUR 3.1 billion. Viohalco's portfolio includes a dedicated technology and R&D segment, as well as recycling activities and waste management services. In addition, Viohalco and its companies own real estate investment properties, mainly in Greece, which generate additional income through their commercial development.

For more information, please visit our website at www.viohalco.com.

*