PROPOSAL OF THE BOARD OF DIRECTORS FOR DECISION UPON THE ISSUE OF THE AGENDA OF THE EXTRAORDINARY GENERAL ASSEMBLY OF 11th of JUNE 2018

1. Approval of a bond loan.

The Board of Directors informs the main shareholders that following the recommendation of the Company’s Management and the relevant proposal – offer from Brokerage Company Eurocorp Financial Services SA, it is proposed the issue of a common bond loan, non-convertible for private placement and issued by the Company. The amount of the loan will be two million (2.000.000) euro and it will last three (3) years. The computation and return of capital will be done in six-month installments at 6,5% interest rate or what will be finally agreed with Eurocorp Financial Services SA. Mortgages will be given in order to secure all bondholders’ receivables. The Board of Directors believes that with the above terms, the proposed issue of the bond loan is advantageous for the Company as it will facilitate the financing of the Company’s programs and will increase its liquidity.