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B) In accordance with the decisions of the General Meeting of shareholders of the Company on 14.6.2006 and
3.9.2007 the Board of Directors of the Company: (a) On 5.12.2007 resolved on the specification of the terms
and table of allocation of the stock option plan of the Company pursuant to the provisions of article 13 para.
13 of codified law 2190/1920 as in force, in favour of members of the Board and executive members of the
Company and its affiliates. According to the above decision, there are 28 beneficiaries with up to 171.715
corresponding call options for the current year. It is noted that the beneficiaries of the program did not
exercise their rights in 2008.
C) According to the provisions of the paragraphs 5-13 of article 16 par. 9 item b) of C.L. 2190/1920, the listed
companies may acquire own shares through the Athens Stock Exchange, according to decision of the
General Meeting until the 10% of total shares, in order to support the stock exchange price. In the Meeting
held on 14.6.2006 the General Meeting of Shareholders, making use of the above possibility provided by
the Law, decide that the Company should acquire, during the period 14.6.2006 - 13.6.2007 no more than
4.054.034 shares, equivalent to 10% of total existing shares, in order to support the stock exchange price of
its share, in a price range between € 5 (minimum) and € 35 (maximum). In the Meeting held on 16.2.2007
the General Meeting of Shareholders amended the initial decision in a price range between € 5 (minimum)
and € 50 (maximum). In the context of implementing the aforementioned General Meeting decision, the
Company’s BoD defines by resolution, prior to the start of the individual trading period, the principal trading
terms, in particular the maximum number of own shares to be acquired, maximum and minimum price and
time period that shares shall be acquired. The company on 13.6.2007 completed Share Buyback Program
through the acquisition of 2.348.291 treasury shares (5.635.898 adjusted after split of 19.12.2007) which
represented 4,82% of the Company share capital.
D) The 2nd Repeat General Meeting of the Company’s Shareholders that was held on 3 June 2011 deliberated
and resolved to: A) The decrease of the Company’s share capital by €6,030,410.86 through the cancellation
of 5,635,898 own shares, with corresponding amendment of article 5 par. 1 of the Company’s Articles of
Association. As a result of the aforementioned decrease, the Company’s share capital shall amount to
€119,142,830.80, divided into 111,348,440 registered shares with a nominal value of €1.07 each. B) The
increase of the Company’s share capital by the amount of €5,957,141.54 through capitalization of reserves
against the issue of 5,567,422 new shares, with corresponding amendment of article 5 of the Company’s
Articles of Association. As a result of the aforementioned increase, the Company’s share capital shall
amount to €125,099,972.34, divided into 116,915,862 registered shares with a nominal value of €1.07 each.
E) On 7.12.2007, the Board of Directors of the Company resolved on the commencement of the plan regarding
the acquisition of treasury shares, in implementation of the decision of the Extraordinary General Meeting
of the Company’s shareholders of 07.12.2007. In the period from 13.12.2007 until 06.12.2009, the Company
will acquire up to 6.053.907 treasury shares, at a minimum acquisition price of 2,08 €/share and a maximum
acquisition price of 25 €/share (amounts adjusted for the shares split of 19.12.2007). Following the
cancellation of 5,635,898 own shares by the 2nd Repeat General Meeting of the Company’s Shareholders, as
at 30.09.2011, the Company has overall acquired 4.972.383 treasury shares, which corresponds to 4,25% of
its share capital. On 18.10.2013 the Company sold 4.972.383 treasury shares, which corresponds to 4,25%
of its share capital for price of 5,13 €/share.
