Trastor Real Estate Investment : Resolutions and Cast of Votes of the Extraordinary General Meeting of the Shareholders

Extraordinary General Meeting

November 17, 2023

Resolutions and cast of votes

The société anonyme under the trade name "ΤRASTOR REAL ESTATE INVESTMENT COMPANY" and the distinctive title "TRASTOR REIC" (hereinafter the "Company"), pursuant to article 133 par. 2 of Law 4548/2018, as in force, and par. 4.1.3.3 par. 1 and 2 of AthEx Regulation, hereby announces that the Extraordinary General Meeting held on November 17th, 2023 at 10:00 a.m. in the Company's registered seat, in Maroussi of Attica, at 5 Chimarras Street, 5th floor, was attended by shareholders representing 150,651,872 shares out of a total of 152,360,643, i.e. 98.88% of the Company's paid-up share capital.

The General Meeting was in quorum and convened validly.

Prior to the decision-making on the items of the Agenda, the Chairman informed the Shareholders, that the Independent Non-Executive Members of the Board of Directors of the Company submitted to the Extraordinary General Meeting of the Shareholders their report, pursuant to par. 5 of article 9 of Law 4706/2020, as in force, and the guidelines of the Capital Markert Commission. The item was not put into vote.

Following that, the General Meeting resolved upon the following items:

Item 1: Provision of authorization to the Board of Directors, pursuant to the provisions of article 24 par. 1b of Law 4548/2018, as in force, to resolve upon a share capital increase for an amount that cannot exceed three times the initial capital, in order to raise capital up to €75,000,000.00.

The General Meeting unanimously resolved to grant authorization to the Board of Directors to resolve, with a majority of at least 2/3 of its members, upon a share capital increase ("SCI" henceforth) of the Company, pursuant to the provisions of art. 24 par. 1(b) of Law 4548/2018, as in force.

The authorization shall be valid until 30/04/2024 and is granted under the following conditions:

• Within the context of the SCI, it will be issued up to 52,816,895 new common registered shares of a nominal value of €0.50 and issue price €1.42, with the purpose to raise capital up to €75,000,000.00
  (including the premium amount),
• The SCI will be in cash,
• Pre-emptionand pre-subscription rights should be granted in favour of the existing shareholders, and
• The Board of Directors shall specify and finalize the other terms and the time schedule of the SCI, including set the SCI period for the payment of the SCI amount within the time limits of article 20 of Law 4548/2018, as in force, carry out the necessary actions for the listing of the new shares for trading in the Athens Exchange and, in general, take any action, to implement the resolution of the Extraordinary General Meeting on the present item and the realization and completion of the SCI, including the amendment of article 5 of the Articles of Association of the Company, in accordance with the aforesaid.

Quorum on the paid-up share capital

Required: 1/2 (50%)

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901

Achieved: 98.88%

Majority of the represented capital

Required: 2/3 of the represented capital, + 1 vote

Achieved: 100%

Number of shares for which valid votes were given: 150,651,872

Number of votes in favor: 150,651,872

Number of votes against: 0

Number of abstain votes: 0

Percentage of valid votes on the paid-up share capital: 98.88%

Percentage of valid votes on the represented capital: 100%

Item 2: Granting permission, pursuant to article 28 par. 4b of Law 2778/1999, as in force, for the acquisition by the Company of a property owned by a company of the majority shareholder's group.

The General Meeting unanimously granted permission, pursuant to article 28 par. 4b of Law 2778/1999, as in force, for the acquisition by the Company of a commercial logistics warehouse, owned by a company of the majority shareholder's group, namely, the majority shareholder under the trade name "PIRAEUS BANK Société Anonyme", and more specifically, a three-storey above the ground building, with basement cold rooms and storage areas, erected on a land plot, within the industry zone of Mandra, Attica, in the position "Xeropigado", with a surface (of the land plot) of 19,301 sq.m. according to the title deed, for a consideration of Euro Seven Million Twenty Thousand (€7,020,000.00).

Quorum on the paid-up share capital

Required: 1/5 (20%)

Achieved: 98.88%

Majority of the represented capital

Required: 3/4 of the represented capital, + 1 vote, excluding the transferring shareholder or shareholder with whom there is a controlling relationship with the shareholder to whom the transferred property belongs Achieved: 100%

Number of shares for which valid votes were given: 1,667,602

Number of votes in favor: 1,667,602

Number of votes against: 0

Number of abstain votes: 0

Percentage of valid votes on the paid-up share capital: 1.09%

Percentage of valid votes on the represented capital: 100%

Item 3: Election of new Board of Directors and designation of Independent Non-Executive Members.

The General Meeting unanimously elected a new 7-member Board of Directors with a four-year tenure, which, according to the provisions of article 85 par. 1. c of Law 4548/2018, as in force, is extended until the expiry of the deadline within which the next ordinary general meeting must be held and until such decision is taken and appointed three independent members, pursuant to the provisions of article 9 of Law 4706/2020, as in force.

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901

The composition of the Board of Directors is as follows:

1. Lambros Papadopoulos son of Georgios and Evanthia, resident of Limassol Cyprus, 4 Mich. Kassialou str., born in Limassol Cyprus in 1971, holder of ID Card Republic of Cyprus under the number 700587/31.03.2010 and Tax Reg. No. 163343433 of Foreign Residents Tax Authority, appointed as Independent Non-ExecutiveMember,
2. Tassos Kazinos son of Georgios and Athena, resident of Kifissia, 75A Charilaou Trikoupi str., born in Nicosia in 1968, holder of ID Card Republic of Cyprus under the number 669747/05.08.2014 and Tax Reg. No. 063092950 of Kifissia Tax Authority,
3. George Kormas son of Ioannis and Eleftheria, resident of Athens Greece, 5 Korai str., born in Athens in 1972, holder of ID Card under the number 247849/27.03.2013/ Department of Security of Peania, Attica and Tax Reg. No. 115318430 of Koropi Tax Authority,
4. Jeremy Greenhalgh son of John and Bernice Georgette, resident of UK, Thorpe Mandeville Court, Banbury, Oxn OX17 2EY, born in London UK in 1949, holder of the Passport number 801239104/30.09.2009, issued by the United Kingdom of Great Britain and Northern Ireland, appointed as Independent Non-ExecutiveMember,
5. Susanna Poyiadjis, daughter of Ioannis and Sylvia, resident of Nicosia, 2 Sophouli Street, born in Nicosia in 1978, holder of ID Card Republic of Cyprus under the number 773997/06.11.2020 and Tax Reg. No. 143460892 of Foreign Residents Tax Authority, appointed as Independent Non-ExecutiveMember,
6. Ioannis Vogiatzis son of Georgios and Varvara, resident of Nea Erythraia of Attica, 34 Romylias Str., born in Athens in 1972, holder of ID Card under the number AB 595665/20.11.2006/Security Department of Nea Erythraia and Tax Reg. No. 074313302 of Koropi Tax Authority, and
7. Dimitrios Ragias son of Georgios and Marianthi, resident of Kifissia of Attica, 33 Pleiadon Str., born in Xanthi in 1981, holder of ID Card under the number AZ 378307/29.11.2007/Security Department of Kavala and Tax Reg. No. 116307622 of D Athinon Tax Authority.

Quorum on the paid-up share capital

Required: 1/5 (20%)

Achieved: 98.88%

Majority of the represented capital

Required: 1/2 of the represented capital, + 1 vote

Achieved: 100%

Number of shares for which valid votes were given: 150,651,872

Number of votes in favor: 150,651,872

Number of votes against: 0

Number of abstain votes: 0

Percentage of valid votes on the paid-up share capital: 98.88%

Percentage of valid votes on the represented capital: 100%

Item 4: Decision making regarding the type, term and composition of the Audit Committee.

The General Meeting unanimously resolved that the Company's Audit Committee continue to be a committee of its Board of Directors and be elected by the Board of Directors of the Company, as well as being

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901

composed exclusively of non-executive members of it. Moreover, it resolved that the Audit Committee will have three members, in which the independent members will have the majority, consisted of a Chairman and two members, with the same term as the Board of Directors of the Company.

Quorum on the paid-up share capital

Required: 1/5 (20%)

Achieved: 98.88%

Majority of the represented capital

Required: 1/2 of the represented capital, + 1 vote

Achieved: 100%

Number of shares for which valid votes were given: 150,651,872

Number of votes in favor: 150,651,872

Number of votes against: 0

Number of abstain votes: 0

Percentage of valid votes on the paid-up share capital: 98.88%

Percentage of valid votes on the represented capital: 100%

Item 5: Other items

No other items were discussed, nor were there any other announcements.

Finally, the cast of votes on the first four items of the General Meeting were announced.

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901