EXTRACTS OF MINUTES
OF THE 2nd/26.1.2018 MEETING OF THE BOARD OF DIRECTORS


Item on the Agenda: Approval of the new “2018 Agreement-Framework for the support of PPC S.A. network fixed assets by IPTO S.A. (ADMIE)."

The Board of Directors decided to approve the new "Framework Agreement for the support of PPC S.A. network fixed assets by IPTO S.A. (ADMIE)" and the accompanying annexes and decisions thereof for a period of time commencing on 01.07.2018 and ending on 30.06.2020 for a total estimated amount of €24,000,000.

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Item on the Agenda: Approval of the payment of fees for the exclusive use right of radio frequencies at a national level for the operation of a special wireless communication radio network used by HEDNO S.A. for the period 2018-2021.

The Board of Directors approved:
a. the payment of fees for the exclusive use right of radio frequencies at a national level for the period 2018-2021, with a budgeted fee value of €1,764,800 (441,200 Euro/year x 4 years);
b. the annual deposit of the fee of €441,200 from 2018 to 2021 to a bank account of the Hellenic Telecommunications and Post Commission.

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Item on the Agenda: Tender No. DE – 00032/3.10.2016 called for execution of the following Project: “Development of SCADA Infrastructures in twenty-seven (27) Electric Systems of the Non-Interconnected Islands”
The above tender has been awarded.

The Board of Directors decided to award Tender DE - 00032/3.10.2016, for the execution of the following Project: “Development of SCADA Infrastructures in twenty-seven (27) Electric Systems of the Non-Interconnected Islands” to the Intracom Telecom S.A. – MAS S.A. Group, according to the terms of Notice DE – 00032 and the attached Documents, with the total contractual price of €2,194,450.28.

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Item on the Agenda: Tender No. 501605/20.09.2016 for the impregnation and re-impregnation of timber owned by HEDNO S.A. through the use of cresote oil to be provided by the suppliers.
The above tender has been canceled.

The Board of Directors approved the cancellation of tender no. 501605/20.09.2016 for the impregnation and re-impregnation of timber owned by HEDNO S.A. through the use of cresote oil to be provided by the supplier, of total indicative budgeted value of €12,276,000.00, because the procedure was declared unsuccessful due to no submission of technically accepted bids.

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Item on the Agenda: The PPC– HEDNO Choir will continue to operate for 2018.

The Board of Directors decided that the PPC– HEDNO Choir will continue to operate for 2018.

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