PPC S.A. (“the Company”) announces that the the Annual Ordinary General Meeting of Shareholders was held, in accordance with the Notice published on May 29, 2026, as required by law and the Company’s Articles of Association, and posted on the Company’s website.
The following shareholders were legally present (in person or by proxy) at the Annual Ordinary General Meeting of Shareholders: 677 shareholders, representing 460,021,288 common registered shares with voting rights out of a total of 587,549,758 common registered shares with voting rights (Treasury shares are not counted toward the quorum at a General Meeting pursuant to Law 4548/2018, Article 50, paragraph 1, subparagraph a), meaning that a quorum of 78.29% was achieved. At the Annual General Meeting held on June 22, 2026, the following agenda items were discussed and resolutions were adopted.
ITEM ONE: Approval of the Company and Consolidated Financial Statements for the 24th fiscal year (January 1, 2025, through December 31, 2025) of DEH S.A., as well as the Separately Presented Financial Statements, as provided for in Article 141 of Law 4001/2011 and in accordance with the current Article 30 of the Company’s Articles of Incorporation.
The General Meeting approved the Company and Consolidated Financial Statements for the 24th Fiscal Year (January 1, 2025 – December 31, 2025) of PPC S.A., as well as the Separately Prepared Financial Statements of the Parent Company and the Group, as approved by the Company’s Board of Directors and posted on its website.
The total number of shares for which valid votes were cast amounted to 460,021,288, corresponding to 100% of the issued share capital. Number of votes in favor: 459,843,705; against: 155,633; abstentions: 21,950. Consequently, the motion was approved by 99.96% of the valid votes.
ITEM TWO: Approval, in accordance with Article 117 of Law 4548/2018, of the overall management of PPC S.A. during the 24th fiscal year (January 1, 2025, to December 31, 2025) of DEH S.A., and discharge of the auditors from any liability for compensation for the same fiscal year.
Following the approval of the Financial Statements as described above, the General Meeting of Shareholders approved the overall management of PPC S.A. during the 24th fiscal year (January 1, 2025, to December 31, 2025), as well as the discharge of the auditors, pursuant to Article 27 of the Company’s Articles of Incorporation and Articles 108 and 117, paragraph 1, subparagraph c) of Law 4548/2018, as currently in force.
The total number of shares for which valid votes were cast amounted to 460,021,288, corresponding to 100% of the share capital represented. Number of votes in favor: 453,119,043; against: 1,632,653; abstentions: 5,269,592.
Consequently, the motion was approved by 98.50% of the valid votes.
ITEM THREE: Election of auditors for the 2026 fiscal year, in accordance with Article 29 of the Company’s Articles of Incorporation, as currently in force.
The General Meeting re-elected the auditing firm Ernst & Young (Greece) Certified Public Accountants S.A. and, specifically, Mr. Ioannis Pierros (SOEL Registration No. 3505) as the regular auditor and Mr. Nikolaos Diptsis (SOEL Registration No. 27341) as the alternate Certified Public Accountant for the Company for the fiscal year from January 1, 2026 – December 31, 2026. At the same time, it approved the audit firm’s fee for the 2026 fiscal year, amounting to €1,054,327, which includes the fee for the regular audit of the Company’s annual and interim financial statements, and the issuance of the tax certificate for the 2026 fiscal year.
The total number of shares for which valid votes were cast amounted to 460,021,288, representing 100% of the share capital present. Number of votes in favor: 459,035,926; against: 984,892; abstentions: 470. Consequently, the motion was approved by 99.79% of the valid votes.
ITEM FOUR: Election of auditors to provide assurance on the sustainability report (CSRD) for the fiscal year 2026, in accordance with Article 154C of Law 4548/2018.
The General Meeting elected the auditing firm “Ernst & Young (Greece) Certified Public Accountants S.A.”, and specifically Mr. Ioannis Pierros (SOEL Reg. No. 3505) as the regular auditor and Mr. Nikolaos Diptsis (SOEL Reg. No. 27341) as the alternate Certified Public Accountant of DEH S.A. to provide assurance on the sustainability report (CSRD) and approved the corresponding fee of €198,450 for the fiscal year 2026.
The total number of shares for which valid votes were cast amounted to 460,021,288, corresponding to 100% of the share capital represented. Number of votes in favor: 459,627,245; against: 393,553; abstentions: 490. Consequently, the motion was approved by 99.91% of the valid votes.
FIFTH ITEM: Remuneration Report for Fiscal Year 2025.
The General Meeting, by a consultative vote in accordance with the law, approved, pursuant to paragraph 3 of Article 112 of Law 4548/2018, the Remuneration Report for the 2025 fiscal year, as posted on the Company’s website.
The total number of shares for which valid votes were cast amounted to 460,021,288, corresponding to 100% of the share capital represented. Number of votes in favor: 379,021,494; against: 80,851,815; abstentions: 147,979.
Consequently, the motion was approved by 82.39% of the valid votes.
ITEM SIX: Dividend distribution for the fiscal year from January 1, 2025, to December 31, 2025.
The General Meeting approved the distribution of a dividend totaling €0.60 per share, as proposed by the Board of Directors in accordance with the provisions of Articles 158 through 161 of Law 4548/2018.
It is clarified that the number of shares entitled to a dividend will be finalized on the record date; treasury shares are excluded. The estimated total dividend amount is approximately €350 million.
The total number of shares for which valid votes were cast amounted to 460,021,288, representing 100% of the share capital present. Number of votes in favor: 460,014,178; against: 7,110; abstentions: 0. Consequently, the motion was approved by 99.9985% of the valid votes.
ITEM SEVEN: Approval of the distribution of a portion of the Company’s profits to beneficiaries in accordance with the Compensation Policy.
The General Meeting approved the distribution of a portion of profits up to the amount of €11,100,000 to 151 beneficiaries of an additional incentive for achieving the 2025 targets, in accordance with the provisions of the Company’s Compensation Policy.
The total number of shares for which valid votes were cast amounted to 460,021,288, corresponding to 100% of the share capital represented. Number of votes in favor: 383,664,230; against: 76,356,949; abstentions: 109. Consequently, the motion was approved by 83.40% of the valid votes.
ITEM EIGHT: Briefing of Shareholders on the Activity Report of the Audit Committee (AC) of PPC S.A. for the year 2025. No vote was required on this item.
ITEM NINE: Submission of the Report of the Independent Non-Executive Members of the Board of Directors in accordance with the provisions of Article 9, paragraph 5, of Law 4706/2020.
No vote was required on this item.
ITEM TEN: Briefing of Shareholders on PPC S.A.’s 2025 hiring plans.
No vote was required on this matter.