RESOLUTIONS OF THE EXTRAORDINARY GENERAL MEETING

The company under the name «LAMDA Development – Holding and Real Estate Development Société Anonyme » (the «Company») announces pursuant to art. 133 of Greek law 4548/2018 and art. 4.1.3.3. of the ATHEX Rulebook the following:

At the Extraordinary General Meeting of the Shareholders of the Company (the EGM) held today, 22.11.2019, at the registered seat of the Company, at Maroussi Attiki, Kifissias Avenue, 37Α, 92 shareholders lawfully attended, representing 59,221,253 common registered shares with voting rights, out of 79,721,775 common registered shares in total. Based on the above, the quorum reacted at the EGM was 74.28%% of the total paid up share capital of the Company.

The EGM approved the relevant proposals put forward by the Company’s Board of Directors for both items of the agenda and decided the following with respect to such items:

1. Elected the new Audit Committee of the Company pursuant to art. 44 of Greek law 4449/2017 with the following composition:

a. Mr. Chariton Kyriazis son of Dimitrios, independent non-executive member of the Company’s Board of Directors, as Chairman of the Audit Committee, independent as defined in art. 4 of Greek law 3016/ 2002;

b. Mr. Dimitrios Afendoulis son of Nikolaos, non-executive member of the Company’s Board of Directors, as a Member of the Audit Committee; and

c. Mr. Konstantinos Sfakakis son of Emmanouil, third party to the Company, independent from the Company as defined in art. 4 of Greek law 3016/2002, as a Member of the Audit Committee.

The tenure of the Company’s Audit Committee was decided to be three years starting from the date of their election by the EGM.

2. Confirmed the loss of the capacity as independent members of the Company’s Board of Directors for Messrs. Eftihios Vassilakis and Odysseas Kyriakopoulos, while they remain non-executive members of the Company’s Board of Directors, maintaining also the current composition of the Company’s Board of Directors, which shall from now onwards include only two independent non-executive members, i.e. Messrs. Chariton Kyriazis and Georgios Gerardos.