PETROS PETROPOULOS S.A. announces that the Annual Ordinary General Meeting of its shareholders that was held on Thursday 19 April 2018 approved the buy-back program, according to Article 16 of Codified Law 2190/1920 in conjunction with Regulation (EU) No 596/2014, Delegated Regulation (EU) 2016/1052 and any generally accepted practice to serve the purposes and uses allowed each time by law up to 10% of the share capital, which include the shares already purchased for a period of 24 months (until 18/4/2020) at a lowest price of €1.00 and a highest price of €10.00 per share.

The General Meeting authorised the Board of Directors to regulate by a relevant decision any other matter not covered by the decision of the General Meeting.