INVITATION

Ordinary General Meeting of the Shareholders of the Societe Anonyme with the Name "PEIPERPAK ANONYMOUS INDUSTRIAL COMPANY OF PRINTING, CYTIOPIZATION AND TYPES OF PAPER" and PACKAGING "PACKAGING" "PAPERPACK SA 

G.E.M.I. 004465901000 (Α.Ρ.Μ.Α.Ε. 35197/06 / Β / 96/101).

According to the law and the company's articles of association, the Board of Directors, with its decision taken during its meeting that took place on Wednesday, May 6, 2020, invites Messrs. Shareholders of the Company in Annual Ordinary General Meeting on May 27, 2020, Wednesday at 11:00 a.m. at the company's headquarters in Kifissia, Attica, at 24 Viltanioti Street, in order to discuss and take decisions on the following issues on the agenda.

AGENDA

Approval of the annual financial statements of the fiscal year 2019 (1/1 / 2019-31 / 12/2019), following the reports of the Board of Directors and the Auditors.
Approval of the table of distribution of the results and the distribution of dividend for the year 2019 (1/1 / 2019-31 / 12/2019).
Approval of total management for the year 2019 according to article 108 of law 4548/2018.
Exemption of Auditors from any liability for compensation for the activities of the year 2019 (1/1 / 2019-31 / 12/2019).
Granting a license to the members of the Board. and to the Directors of the company to participate in Boards of Directors and in the management of companies of the Group (affiliated companies of the company), who pursue these or similar purposes with the company, according to par. 1 of article 98 of law 4548/2018.
Submission for discussion and voting of the Remuneration Report for the fiscal year 2019.
Approval of fees paid to the members of the Board of Directors for the fiscal year 2019.
Election of Auditors, regular and alternate for the control of the financial statements for the fiscal year 2020 and determination of their remuneration.
Provision of authorization to the Board. in order to establish a program for the distribution of shares to members of the Board. and to executives of the Company in the form of the option of acquiring shares (stock option), in accordance with the provisions of article 113 of law 4548/2018.
Other Announcements.
In the event of failure to comply with the quorum required by law to take a decision on the issues on the agenda on 27 May 2020, the Ordinary General Meeting will meet again on 2 June 2020, Tuesday at 11 a.m. 00 a.m. at the headquarters of the company Viltanioti 24 Kifissia. It is noted that no new invitation will be published for the repeat meeting in accordance with article 130 par. 2 of law 4548/2018.

According to article 121 par. 4 and 124 par. 6 and 128 of law 4548/2018, the Company informs the shareholders about the following:

A. RIGHT TO PARTICIPATE AND VOTE:

Anyone who appears as a shareholder in the files of the System of Intangible Securities managed by the "Hellenic Central Securities Depository Societe Anonyme" (EL.K.AT.), in which its securities are held, is entitled to participate in the annual Ordinary General Meeting. Company, at the beginning of the fifth day (registration date: 22.05.2020) preceding the meeting of the General Meeting. The above registration date also applies to the Repeat General Meeting. The proof of the shareholder status is made by direct electronic connection of the Company with the files of the said institution.

The Company is considered to have the right to participate and vote in the General Meeting only by the holder of the shareholder on the respective registration date.

It is noted that the exercise of these rights (participation and voting) does not presuppose the commitment of the beneficiary's shares or the observance of another similar procedure, which limits the possibility of selling and transferring them between the registration date and the date. of the Ordinary General Meeting.

The full text of this invitation, as well as the information provided in paragraph 4 of article 121 of Law 4548/2018, as in force, are available in electronic form on the Company's website www.paperpack.gr.

B. RIGHTS OF REDUCTION OF SHARES:

(a). At the request of shareholders representing one twentieth (1/20) of the paid-up share capital, the Board of Directors of the Company is obliged to register in the agenda of the General Meeting additional issues, if the relevant application comes to the Board of Directors20 until 12/05/ that is, at least fifteen (15) days before the Ordinary General Meeting. Additional issues must be published or communicated, under the responsibility of the Board of Directors, according to article 122 of law 4548/2018, at least seven (7) days before the General Meeting. The application for registration of additional issues on the agenda shall be accompanied by a justification or a draft decision for approval at the General Meeting and the revised agenda shall be made public in the same manner as the previous agenda, on 14/05/2020, ie thirteen (13 ) days before the date of the Ordinary General Meeting and at the same time shall be made available to the shareholders on the Company's website together with the justification or the draft decision submitted by the shareholders as provided in Article 12. 3 par. 4 of Law 4548/2018. If these issues are not published, the applicant shareholders are entitled to request the postponement of the general meeting, in accordance with paragraph 5 of Art. 141 of Law 4548/2018 and to proceed with the publication themselves, as defined in the second paragraph of this paragraph, at the expense of the company.

(b). Shareholders representing one-twentieth (1/20) of the paid-up capital have the right to submit draft decisions on matters included in the original or any revised agenda of the General Meeting. The relevant application must be submitted to the Board of Directors at least seven (7) days before the date of the General Meeting, and the draft decisions are made available to the shareholders as defined in paragraph 3 of Article 123 of Law 4548/2018, six (6). ) at least days before the date of the general meeting.

(c). At the request of any shareholder, which is submitted to the company at least five (5) full days before the General Meeting, the Board of Directors is obliged to provide the General Meeting with the requested specific information on the company's affairs, to the extent that they are relevant to issues of the agenda. There is no obligation to provide information when the relevant information is already available on the company's website, especially in the form of questions and answers. Also, at the request of shareholders, representing one-twentieth (1/20) of the paid-in capital, the Board of Directors is obliged to notify the Ordinary General Meeting of the amounts paid to each member of the Board of Directors or the directors during the last two years. of the company, as well as any provision to these persons for any reason or contract of the company with them. In all of the above cases, the Board of Directors may refuse to provide the information for substantial reasons, which is stated in the minutes. Such reason may, as the case may be, the representation of the applicant shareholders in the Board of Directors, in accordance with Articles 79 or 80 of Law 4548/2018. In the cases referred to in this paragraph, the Board of Directors may respond unanimously to applications from shareholders with the same content.

(d). At the request of shareholders representing one-tenth (1/10) of the capital paid to the company within the period specified in the preceding paragraph, ie at least five (5) full days prior to the General Meeting, the Board of Directors shall provide general meeting information on the progress of corporate affairs and the company's assets. The Board of Directors may refuse to provide information on substantive substantive grounds, which shall be recorded in the minutes. Such reason may be, as the case may be, the representation of the applicant shareholders in the Board of Directors, in accordance with Articles 79 or 80 of Law 4548/2018, provided that the relevant members of the Board of Directors have received the relevant information adequately.

(e). At the request of shareholders, representing 1/20 of the paid-up share capital, the decision on a matter of the General Assembly is made by roll call (open voting).

(f). At the request of a shareholder or shareholders representing one-twentieth (1/20) of the paid-up capital, the President of the Assembly is obliged to adjourn once and for all the decisions taken by the General Assembly on all or certain matters, setting a date for the continuation of the meeting. set out in the shareholders' application, which, however, cannot be more than twenty (20) days from the date of the postponement. The postponement of the General Meeting is a continuation of the previous one and you do not demand

C. PROCEDURE FOR THE EXERCISE OF A RIGHT TO VOTE BY ANTIPROSOPOS:

The shareholder participates in the General Meeting and votes either in person or through representatives. Each shareholder may appoint up to three (3) representatives. Legal entities participate in the General Assembly by appointing up to three (3) natural persons as their representatives. However, if the shareholder holds shares of the Company, which appear in more than one value account, this restriction does not prevent that shareholder from appointing different representatives for the shares that appear in each value account in relation to the General Meeting. A shareholder acting on more than one shareholder may vote differently for each shareholder. The shareholder representative is obliged to notify the company before the start of the general meeting, any specific event which may be useful to the shareholders to assess the risk that the agent serves other interests than the interests of the shareholder. In the sense of this paragraph, there may be a conflict of interest, especially when the representative:

a) is a shareholder exercising control of the company or other legal entity or entity controlled by that shareholder,

b) is a member of the board of directors or in general of the management of the company or shareholder who exercises control over the company or other legal entity or entity controlled by a shareholder who exercises control over the company,

c) is an employee or auditor of the company or shareholder who exercises control over the company or another legal entity or entity controlled by a shareholder who exercises control over the company,

d) is a spouse or first-degree relative with one of the natural persons in cases a to c.

The Company has made available on its website (www.paperpack.gr) the form it uses for the appointment of a representative. This form is submitted completed and signed by the shareholder to the Shareholder Service Department, at the Company's headquarters in Viltanioti 24 Kifissia PC. 14564, at least two (2) days before the date of the General Meeting. The beneficiary shareholder is invited to confirm the successful sending of the representative appointment form and its receipt by the Company, by calling the Shareholder Service Department at tel: 210 2846800.

D. PARTICIPATION OF SHARES IN THE GENERAL ASSEMBLY WITH SCIENTIFIC VOICE

Given the conditions due to the pandemic of corona-COVID 19 and in accordance with article 126 of law 4548/2018 and article 27 par. 4 of the company's articles of association, shareholders are provided with the opportunity to participate remotely in the General Meeting by letter.

Therefore, in case the beneficiary (shareholder or representative) wishes to vote on the issues of the agenda before the general meeting, he can fill in the ballot for remote voting, which is available on the Company's website at: www .paperpack.gr and submit it to the Company by sending a message to the email address This email address is being protected from spambots. You need JavaScript enabled to view it. or by mail, no later than twenty-four (24) hours before the start of the meeting, ie until May 26, 2020 at 11:00 am .

For more information, shareholders can contact the Company's Shareholder Service Department at 210-2846800 daily from 09:00 to 14:00.

E. INTERNATIONAL DOCUMENTS:

The draft decisions, the other documents as well as any information described in paragraphs 3 and 4 of article 123 of Law 4548/2018, will be posted on the Company's website (www.paperpack.gr) and will be available in paper form at the headquarters of the headquarters. of the Company (Viltanioti 24 Kifissia PC 14564), while they can be sent free of charge to any shareholder who requests them.

Kifissia 06 May 2020

The Board of Directors

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