The Company under the name “EPSILON NET S.A. Information, Education, High Technology Products Company“, with the distinctive title “EPSILON NET S.A.“, announces that at the Extraordinary General Meeting of the shareholders of the Company, held on Wednesday November 3rd 2021, at 11:00 at the company’s offices in in the Municipality of Pylaia-Chortiatis (EMO Zone of Pylea – Thessaloniki, 17 Noemvriou 87 – Zip Code 555 34), were present in person or by proxy shareholders representing 10,579,674 shares out of 13,400,000, which corresponds to a percentage of 78.95% of the share capital.
On the issues of the Agenda the Extraordinary General Meeting decided the following:
1. Approval of the Reduction of the nominal value of the share from 0.30€ to 0.075€ with simultaneous increase of the total number of shares from 13,400,000 to 53,600,000 ordinary nominal shares (split) and the replacement of one (1) old ordinary nominal share with four (4) new ordinary nominal shares. After the reduction of the nominal value of the shares, the share capital of the company is unchanged at the amount of 4,020,000€, divided now to 53,600,000 ordinary nominal shares with a nominal value of 0.075€ each. Furthermore, graded authorization to the Board of Directors for the execution of the decision.
Quorum required: 1/5 of the share capital
Majority required: 50% +1 of the votes represented in the General Meeting
Total valid votes: 10,579,674
In favor: 10,579,674 or 100% of votes cast
Against: 0 or 0, 00% of votes cast
Abstain: 0 or 0, 00% of votes cast
2. Approval of the modification of article 5 of the Statute concerning the share capital.
Quorum required: 1/5 of the share capital
Majority required: 50% +1 of the votes represented in the General Meeting
Total valid votes: 10,579,674
In favor: 10,579,674 or 100% of votes cast
Against: 0 or 0, 00% of votes cast
Abstain: 0 or 0, 00% of votes cast
Thessaloniki, 03.11.2021
EPSILON NET S.A.
