ANNUAL GENERAL MEETING RESOLUTIONS

We hereby would like to inform you that at the Annual General Meeting of the shareholders of Vassiliko Cement Works Public Company Ltd held on 5 June 2025, the following resolutions were approved:

 

(a) The Management Report and the Financial Statements of the Company for the year 2024, a copy of which is on the Company’s webpage, were approved (https://www.vassiliko.com/en/investor-relations/financial-data/financial-statements-2024/annual-report-and-financial-statements-2024).

 

(b) The payment of a dividend amounting to €12.948.470,46 corresponding to €0,18 per ordinary share was approved, €0,06 out of the profits of the year 2023 and €0,12 out of the profits of 2024 included in Retained Earnings.

 

The dividend will be paid to the entitled shareholders of the Company that will be registered at the CSE registry on the 18 June 2025 (record date).  The shares of the Company will be traded in the CSE without the right to the dividend (ex-dividend) as from 17 June 2025.

 

Investors that will purchase shares at the CSE by close of business on 16 June 2025 (Last Cum Date) will be entitled to the dividend. It is noted that shareholders entitled to the dividend will also be the holders of shares based on an off exchange transfer to be completed by the record date.  Payment of the dividend will be made (effected) by the 15 July 2025.

 

(c) The Directors Messrs. George St. Galatariotis, Mihail Polendakov and Ioannis Savvides who retired by rotation, were re-elected.

 

(d) The Remunerations Report was approved.

 

(e) It was resolved that the Directors’ remuneration for the year 2025 be fixed at €30.000 for the Chairman and €25.000 for each of the members of the Board of Directors and a €300 representation allowance per presence in a meeting held for the meetings of the Board of Directors and its Committees.

 

(f) PricewaterhouseCoopers Limited were appointed as the Company’s auditors and the Board of Directors was authorised to determine their remuneration for 2025.

 

 

Article 135(2) - Re-Election 05.06.2025 (G.GALATARIOTIS) (Eng).pdf

Article 135(2) - Re-Election 05.06.2025 (I.SAVVIDES) (Eng).pdf

Article 135(2) - Re-Election 05.06.2025 (M.POLENDAKOV) (Eng).pdf

 

 

6 June  2025