GREEK LAW DIGEST

192 such request has been submitted at least 15 days prior to the General Meeting 2 ; if the Board of Directors does not respond to such a request, they may publish the notice by themselves; c) in listed companies, they have the right to submit drafts of the decisions for items on the agenda, d)right to request for a postponement of the General Meeting of the Shareholders 3 ; The temporary Chairman of the General Meeting of Shareholders is obliged to postpone the meeting for the requested day, which can not be fixed beyond twenty days; d) right to request specific information defined by the law to be provided in the GMS 4 ; e) right to request for the decisions in the GMS to be taken by roll-call vote 5 ; f ) right to request the dis- closure to the Annual GMS of the amounts paid to Directors, managers and employees dur- ing the last two years 6 ; g) right to perform a legal audit of the company, following a Court order by the Single-Member Court of First Instance, if certain acts violate the provisions of the law or the company’s Articles of Association or the General Meeting’s decisions 7 ; h) right to ask for a convocation of a General Meeting of the Shareholders to decide upon any trans- action with a related party if this transaction has been cleared by the Board of Directors; in case the contract pertaining to this transaction has been executed prior to the General Meeting of the Shareholders, then the Minority of 1/20 has the right to veto such transac- tion 8 ; i) the right to request the Company to file a lawsuit against members of the Board of Directors 9 to indemnify losses they caused to the Company from their actions or omissions. What are the rights of shareholder(s) that have at least 1/3? The second thresholdof having at least 1/3 shareholding in theCompany confers to the Share- holders the following veto rights in major decisions of the General Meeting of the Sharehold- ers concerning the Company i.e.: the change of the Company’s nationality, the modification of the scope of the Company, the increase of the shareholders’obligations 10 , the increase of the share capital (unless such share capital increase takes place ex lege or is effected by capi- talisation of reserves), the share capital decrease, the change in the distribution of profits, the merger, demerger, conversion, revival, extension of its duration or dissolution, the granting or renewal of the power of the Board of Directors to effect a share capital increase. What are the rights of shareholder(s) that have at least 1/5? The third threshold of having at least 1/5 shareholding confers to the Shareholders the right to audit the company, following a Court order by the Single-Member Court of First Instance, if from the overall course of business it is credible to believe that the management is not exercised according to the rules of fair and prudent management 11 . Contrary to the legal audit provided for the 1/20 shareholding, the current audit is an audit of substance. 2. Article 141 par. 2 of L.4548/2018 3. Article 141 par. 5 of L.4548/2018 4. Article 141 par. 6 of L.4548/2018 5. Article 141 par. 9 of L.4548/2018 6. Article 141 par. 6 of L.4548/2018 7. Article 142 par. 1 of L.4548/2018 8. Article 100 par. 4 of L.4548/2018 9. Article 104 par. 1 of L.4548/2018 10. Article 132 par. 2 of L.4548/2018 11. Article 142 par. 3 of L.4548/2018