“PROODEFTIKI A.T.E.” hereby informs investors that the Company’s Board of Directors has decided to cancel the Extraordinary General Meeting of Shareholders, which had been scheduled for July 2, 2026, with the agenda, among other items, being the election of a new Board of Directors.
This decision was made following an assessment of the conditions under which the election process for the new Board of Directors was to take place. Specifically, it was determined that, under the current circumstances, there was insufficient time for a broad submission of candidacies and for the comprehensive briefing of shareholders regarding the candidates’ qualifications, experience, and suitability— information that is critical for making an informed decision on a matter of particular importance to the Company’s corporate governance.
The Board of Directors determined that allowing additional time to broaden the pool of candidates, evaluate individuals with high-level academic, professional, and managerial experience, and to provide more comprehensive information to the investing public and shareholders serves the Company’s best interests and contributes to the selection of a Board of Directors that will meet the management requirements of a publicly traded company, in accordance with the principles of sound corporate governance, transparency, and equal treatment of shareholders.
The Company will inform investors in a new announcement regarding the convening of a new Extraordinary General Meeting with the same agenda.