Corporate Announcements

Acceptance of the resignation of the PPA SA CEO Capt. FU Chengqiu -Nomination of Mr. Zhang Anming as executive PPA SA BoD member - Assignment of PPA SA CEO duties -Reconstitution of the PPA SA Board of Directors.    
ITEM 1st: Approval of the Financial Statements of the fiscal year 2019, along with the Board of Director’s Annual Report and the Independent Auditors’ Report.
Piraeus Port Authority S.A. announces that, according to the decision of the Annual General Meeting of shareholders on 17 July 2020, the dividend for the financial year 2019 amounts to € 0.5388 per share, which dividend is subject to withholding tax and therefore the net final amount payable will be € 0.51186 per share. 
The Annual General Assembly of the PPA S.A. shareholders took place today Friday 17th July 2020 with a quorum of 86.41% and approved among other items the Annual Financial Statements and the Dividend Distribution for the financial year 2019, which, as the Board of Directors proposed, amounts to € 0.5388 per share, compared to € 0.424 of the previous year (an increase of 27%).
PPA S.A. announces that the shareholder "Hellenic Republic Asset Development Fund S.A." by letter dated 29 June 2020, appoints according to the procedure of the paragraphs 2 and 3 of art. 7 of the PPA's Articles of Incorporation as a non-executive member of PPA' s Board of Directors Mr. Apostolos Papapostolou, in replacement of the resigned member Mr. Athanasios Liagkos.
PPA S.A. announces the acceptance by the Board of Directors of the resignation of the BoD member Mr. Liagkos Athanassios (HRADF representative) with effective date June 28th 2020.  
In accordance with the Companies Law and the articles of association of the Company and following the decision of the Board of Directors, the Shareholders of P.P.A S.A are invited to the Annual General Meeting which will be held on Friday, July 17th 2020, at 15:00 in the offices of Athens Exchange (110 Athinon Ave.), with the following agenda:
P.P.A. S.A. announces that today, Friday, on the 26th of June of 2020, the BoD Chairman Mr. YU Zenggang signed with the representatives of the PPA S.A.’s employees the prolongation of the validity of the company’s Collective Labor Agreement. Both parties agreed to continue with the negotiations during summer and to reach an agreement about the new CLA the soonest possible.
Following the press articles regarding the signing of the new Collective Labor Agreement of the PPA S.A. employees, replacing the existing one which expires on June, 30th 2020 after the extension that was given by the Government, PPA S.A. announces as follows: