Decisions of the General Meeting of 26th of June 2014

Loulis Food Ingredients_Decisions of the General Meeting of 26th of June 2014

LOULIS MILLS S.A.

Today, the 26th of June 2014, the Αnnual Ordinary General Meeting of the shareholders of MILLS MILLS SA was held at Sourpi Magnisia (Loulis Port). At the Annual General Meeting, during which the percentage of 60.17% of the share capital was represented, that were present and voting shareholders and their representatives, who represent 10,304,437 shares and 10,304,437 votes:

Unanimously approved by a vote of 10,304,437, ie 60.17% of the share capital, the annual Financial Statements and the Consolidated Financial Statements in accordance with nternational Financial Reporting Standards for the fiscal year 2013 (from 1.1.2013 to 31.12.2013) , after hearing and approval of the relevant Board of Directors and the Certified Auditors - Accountants.

Unanimously, by a vote of 10,304,437, ie 60.17% of the share capital, the Board of Directors and the Certified Auditors - Accountants were discharged from any liability for the fiscal year 2013 (from 1.1.2013 to 31.12. 2013).

The company OMEGA Certified Auditors Accountants SA with registration number ELTE 041, which shall nominate the members of the regular Auditor - Accountant the alternate Auditor - Accountant for auditing the annual financial statements of the Company and the Consolidated Financial Statements in accordance with International Financial Reporting Standards for the fiscal year 2014 (from 1.1.2014 to 31.12.2014 ) and for issuing its annual tax certificate as provided by paragraph 5 of Article 82 of N.2238/1994, was unanimously elected by a vote of 10,304,437, ie 60.17% of the share capital.

Approved unanimously, by a vote of 10,304,437, ie 60.17% of the share capital, the distribution of remuneration to the Members of the Board of Directors for the fiscal year 2013 (from 1.1.2013 - 31.12.2013).

Pre-approved unanimously by a vote of 10,304,437, ie 60.17% of the share capital, payment of funds for the next fiscal year to cover costs of the Members of the Board of Directors and unanimously decided to pay for the next fiscal use wages and other remuneration to the Members of the Board of Directors , related to the Company, under employment.

Approved unanimously, by a vote of 10,304,437, ie 60.17% of the share capital, the restated financial statements for the fiscal year 2013 (from 1/1/2013 to 31/12/2013) , because of the redevelopment of funds from the application of the amendedIFRS19.

Established by 10,304,437 votes, ie 60.17% of the share capital, a three-member Audit Committee, in ccordance with Article 37 of Law 3693/2008 and defined its members thereof, namely Mr. Mourelatos George, business consultant, Independent Non-Executive Member of the Board of Directors of the Company, Mr. Khedaim Abdullah Saeed Faris Alderei, commissioner minister, Non-Executive Member
of the Board of Directors of the Company and Mr. Christos Tsitsigiannis, mill owner, Independent Non-Executive Member of the Board of Directors of the Company.

Validated unanimously by a vote of 10,304,437, ie 60.17% of the share capital, the election of the Board of Directors of the Company and defined the Independent Non-executive Members of the Board of Directors of the Company pursuant to Law 3016/2002referring to corporate governance and which is consisted as follows:

BOARD OF DIRECTORS
Nikolaos Loulis, ,Chairman of the BoD- Executive Member.
Nikolaos Fotopoulos, Vice President of the BoD and Managing Director - Executive Member.
Konstantinos Dimopoulos, Member of the BoD - Non -Executive Member.
Khedaim Abdullah Saeed Faris Alderei, Non-Executive Member.
Georgios Mourelatos, Member of the BoD - Independent Non -Executive Member.
Tsitsigiannis Christos,Member of the BoD - Independent Non -Executive Member.
Also, the replacement of Mr. Christoph Theodor Heinrich Kempkes, Non-Executive Member of the Board of Directors by Mr. Khedaim Abdulla Saeed Faris Alderei, Non-Executive Member of the Board of Directors was announced.
9. There were no other issues and announcements.
All the above decisions of the Annual Ordinary General Meeting of the Shareholders shall be effective immediately.

Sourpi, 26th of June 2014,

The Board of Directors

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