Invitation to the Company's Shareholders to the Regular Annual General Meeting of 07.02.2022

PHILIPPOS NAKAS SA
(MA No. 3769/06 / Β / 86/68)
GEM No. 327701000

INVITATION OF THE SHAREHOLDERS TO AN ORDINARY GENERAL MEETING

According to the Law and the Articles of Association of the company, the shareholders of the company are invited:
- At an Ordinary General Meeting, which will be held on December 7, 2022 on Wednesday at 09:00 a.m. at the offices of the company's headquarters at 19 km. Lavriou Avenue, Peania, Attica.
- In case the quorum of 1/5 of the share capital required for all the issues of the agenda at the above Ordinary General Meeting is not reached, they are convened at a Repeat Ordinary General Meeting, which will be held on Saturday, December 17, 2022 at 10:00 am. offices of the company's headquarters at 19 km. Lavriou Avenue, Paiania, Attica, without publishing a new invitation.
Shareholders are invited to discuss and decide on the following items on the agenda:
Agenda
1. Submission and approval of the annual Financial Report of the Company and the Group for the corporate year 2022 (01.07.2021 - 30.06.2022) after the annual Financial Statements (corporate and consolidated) of the said corporate year as well as the relevant annual Reports of the Management Board and Auditors.
2. Approval of total management according to article 108 of Law 4548/2018 of the year 01.07.2021 - 30.06.2022 as well as release of the Auditors from any responsibility.
3. Remuneration report of members of the Board of Directors.
4. Election of Certified Public Accountants for the year 01.07.2022 to 30.06.2023.
5. Approval of dividend distribution for the year 01.07.2021 - 30.06.2022.
6. Increase of the share capital by capitalization of a part of the reserve in favor of the par value up to the amount of € 510,000.00 with an increase of the nominal value of the share.
7. Reduction of the share capital by returning cash to the shareholders up to the amount of € 510,000.00 and reduction of the nominal value of the share.
8. Amendment of Article 5 of the Articles of Association.

a. Right to Participate and Vote in the Ordinary General Meeting:
Every shareholder is entitled to participate and vote in the Ordinary General Meeting. Each share of the company provides the right to one (1) vote.
Anyone who appears as a shareholder in the files of the Intangible Securities System, managed by "Hellenic Exchanges SA", is entitled to participate in the Ordinary General Meeting. (HELEX), where the securities (shares) of the company are kept. The proof of the shareholder status is done by presenting a relevant written certificate from "Hellenic Exchanges SA", or alternatively, by direct electronic connection of the company with the files of the said institution. The capacity of the shareholder must exist at the beginning of the fifth (5th) day before the day of the meeting of the Ordinary General Meeting of December 7, 2022, ie at the beginning of December 2, 2022 (registration date) and the relevant written confirmation or electronic certification of their shareholder status must reach the Company no later than 24 hours before the meeting of the Ordinary General Meeting. To participate in the Repeat Ordinary General Meeting of December 17, 2022, the capacity of shareholder must exist at the beginning of the fifth (5th) day before the day of the meeting of the initial Ordinary General Meeting, ie on December 2, 2022 (date of registration of the Ordinary General Meeting Meeting) and the relevant written confirmation or electronic certification of its shareholder status must reach the company no later than 24 hours before the scheduled date of the meeting of the above Repeat Ordinary General Meeting.
In the Ordinary General Meeting and in the Repeat Ordinary General Meeting, the right to participate and vote has only whoever holds the status of shareholder on the Registration Date, ie the 2nd of December 2022. In case of non-compliance with the above provisions of article 124 of Codified Law no. 4548/2018, the said shareholder participates in the Ordinary General Meeting only after its permission.
b. Procedure for exercising voting rights through a representative (s):
The shareholder participates in the Ordinary General Meeting of the company and votes either in person or through representatives. Provisions of the articles of association, which restrict either the exercise of the shareholder's rights by proxies or the eligibility of persons who can be appointed as agents, do not apply. Each shareholder can appoint up to three (3) representatives. However, if the shareholder holds shares of the company, which appear in more than one securities account, this restriction does not prevent the shareholder from appointing different representatives for the shares appearing in each securities account in relation to the Ordinary General Meeting.
A representative acting for more than one shareholder may vote differently for each shareholder. Legal entities participate in the general meeting by appointing as their representatives up to three (3) natural persons. The shareholder may appoint a representative for a single general meeting or for all meetings that take place within a certain time. The representative votes according to the instructions of the shareholder, if any, and is obliged to file the voting instructions for at least one (1) year, from the submission of the minutes of the general meeting to the public authority, or if the decision is made public by registration in the Register of Societes Anonymes. The shareholder representative is obliged to inform the company, before the beginning of the meeting of the Ordinary General Meeting, of any specific event that may be useful to the shareholders in assessing the risk that the agent will serve other interests than the shareholder. A conflict of interest may arise in particular when the agent: a) is a shareholder exercising control of the company or is another legal entity the entity controlled by that shareholder, b) is a member of the board of directors or the management of the company in general, or a shareholder who exercises control of the company, or another legal person or entity controlled by a shareholder who exercises control of the company, c) is an employee or certified auditor of the company or shareholder who exercises control of the company, or another legal entity or entity controlled by a shareholder, who exercises control of the company, d) is a spouse or first degree relative with one of the natural persons mentioned in cases a 'to c'. The appointment and revocation of the shareholder's representative is done in writing or electronically and is notified to the company, at least 48 hours before the scheduled date of the Ordinary General Meeting, during working days and hours. The company has made available on its website (www.nakas.gr) on the internet, the form it uses to appoint a proxy representative. This form is submitted completed and signed by the shareholder at the Head Office of the company, at the address 19th km. Lavriou Avenue, Peania Attica (Shareholder Service, responsible Mrs. Filothei Lapsani) or sent electronically or by fax to: At least 48 hours before the date of the Ordinary General Meeting or any of its Repeat. The beneficiary shareholder is required to take care of the confirmation of the successful dispatch of the representative appointment form and its receipt by the company, by calling: 210 6686101.
c. Minority rights of shareholders.
1) At the request of shareholders representing one twentieth (1/20) of the paid-up share capital, the Board of Directors is obliged to include in the agenda of the Ordinary General Meeting already convened for December 7, 2022 additional issues, if the relevant application arrives at the Board of Directors at least fifteen (15) days before the Ordinary General Meeting, ie until November 22, 2022. The request for inclusion of additional items on the agenda is accompanied by a justification or a draft decision for approval at the Ordinary General Meeting and the revised agenda is published in the same way as the previous agenda thirteen (13) days before the date of the Ordinary General Meeting, ie until November 24, 2022 and at the same time is made available to shareholders online, on the Company's website (www. nakas.gr), together with the justification or the draft decision submitted by them shareholders according to the provisions of article 141 of Codified Law no. 4548/2018.
2) At the request of shareholders representing one twentieth (1/20) of the paid-up share capital, the Board of Directors makes available to the shareholders the provisions of article 141 of Codified Law no. 4548/2018, at least six (6) days before the date of the Ordinary General Meeting, draft decisions on issues that have been included in the initial or revised agenda, if the relevant application is submitted to the Board of Directors at least seven (7) days before the date of the Ordinary General Meeting of December 7, 2022 (article 141 of Codified Law 4548/2018). The Board of Directors is not obliged to include items on the agenda or to publish or disclose them along with justifications and draft decisions submitted by the shareholders, if their content is clearly contrary to law and good morals.
3) At the request of any shareholder submitted to the company at least five (5) full days before the Ordinary General Meeting of December 7, 2022, ie until December 2, 2022, the Board of Directors is obliged to provide the Ordinary General Meeting with the requested specific information for the affairs of the company, in so far as they are useful for the actual assessment of the items on the agenda. The Board of Directors may respond uniformly to shareholder requests with the same content. There is no obligation to provide information when the relevant information is already available on the company's website, in particular in the form of questions and answers. The Board of Directors may refuse to provide the information for a substantial reason, which is stated in the minutes (article 141 of Codified Law 4548/2018).
4) At the request of shareholders representing one tenth (1/10) of the paid-up share capital and which is submitted to the company at least five (5) full days before the Ordinary General Meeting of December 7, 2022, ie until December 2, 2022 The Board of Directors is obliged to provide the Ordinary General Meeting with information on the course of corporate affairs and the assets of the company to the extent that they are useful for the actual assessment of the items on the agenda. Corresponding deadlines for any exercise of minority rights of shareholders apply in case of Repeat General Meetings.
In all the above cases, the applicant shareholders must prove their shareholding status and the number of shares they hold when exercising the relevant right. Such proof is the presentation of a written certificate by the institution in which the relevant securities are kept or alternatively the certification of their shareholder status by direct electronic connection of institution and company.
d. Available information and documents:
The information and documents provided in article 123 of Codified Law no. 4548/2018, will be available in paper form at the offices of the company's headquarters at 19 km. Lavriou Avenue, Peania Attica (Shareholder Service Department, responsible Mrs. Filothei Lapsani) and in electronic form on the internet, by posting them on the company's website www.nakas.gr

Peania, November 14, 2022
The Board of Directors

PROXY HOLDER APPOINTMENT FORM
AUTHORIZATION OF REPRESENTATION