Athens, 28 December 2021 – Frigoglass S.A.I.C. (“Frigoglass” or the “Company”) announces that the Extraordinary General Meeting of its shareholders held on December 14, 2021 – in order for the Company to meet the requirements of article 119 par. 4 of Law 4548/2018 – approved the share capital reduction of €14,217,510.04 through a reduction of the nominal value of each common registered share from €0.10 to €0.06 aiming at the formation of a special reserve of equal amount to offset losses.