Information on this page pertains to two proposed settlements reached between Lead Plaintiff and the remaining Defendants in this Action, Spyros Gianniotis (“Gianniotis”) (the “Gianniotis Settlement”) (for $11,000,000) and Dimitris Melissanidis (“Melissanidis” or the “Melissanidis Settlement”) (for $949,999) (Collectively, the “Individual Defendants Settlements”).

Earlier, two settlements with PwC Greece and Deloitte Greece were reached (the “Auditor Settlements”). The Court granted final approval of the Auditor Settlements on September 14, 2022.

THE TIME TO SUBMIT CLAIM FORMS, OBJECT TO OR TO FILE REQUESTS FOR EXCLUSION FROM THE AUDITOR SETTLEMENTS HAS EXPIRED.

The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Individual Defendants Settlements; and (II) Final Approval Hearing For The Individual Defendants Settlements, The Individual Defendants Plan of Allocation and Motion for Approval of Attorneys’ Fees and Reimbursement of Litigation Expenses (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.

Please be advised that your rights may be affected by the above-captioned securities class action lawsuit (the “Action”), pending in the United States District Court for the Southern District of New York (the “Court”), if you purchased or otherwise acquired Aegean Marine Petroleum Network, Inc. (“Aegean” or the “Company”) securities between February 27, 2014 through November 5, 2018, inclusive (the “Settlement Class Period”), and were allegedly damaged thereby.

Please also be advised that Court-appointed Lead Plaintiff, Utah Retirement Systems (“URS” or “Lead Plaintiff”), on behalf of itself and the Settlement Class (defined in Question 6 of the Notice), has reached two proposed settlements for $11,949,999 (the “Individual Defendants Settlements”) of the Action with the remaining Defendants in this Action, Spyros Gianniotis (“Gianniotis”) (the “Gianniotis Settlement”) (for $11,000,000) and Dimitris Melissanidis (“Melissanidis” or the “Melissanidis Settlement”) (for $949,999). These Individual Defendants Settlements are subject to Court approval.

Lead Plaintiff previously reached settlements with Deloitte Certified Public Accountants, S.A. (“Deloitte Greece”) and PricewaterhouseCoopers Auditing Company S.A. (“PwC Greece”) for $14.9 million each, which settlements were approved by the Court on September 14, 2022 (the “Auditor Settlements”) (see Question 2).

If you did not submit a Claim Form in the Auditor Settlements, you may submit a Claim Form now to participate in the Individual Defendants Settlements. Claim Forms submitted for the Auditor Settlements will automatically be considered for recovery in the Individual Defendants Settlements, unless you request exclusion from the Individual Defendants Settlements, and should NOT be re-submitted for the Individual Defendants Settlements. Recovery for new Claim Forms submitted in the Individual Defendants Settlements will also be considered for recovery in the Auditor Settlements.

If You Purchased Aegean Marine Petroleum Network, Inc. Securities During The Period Beginning February 27, 2014 Through November 5, 2018, Your Rights May Be Impacted By Two Additional Individual Defendants Settlements In this Action And You May Be Entitled To Payment From These Two Additional Settlements Totaling $11,949,999.

PLEASE READ THE DETAILED NOTICE CAREFULLY. The Detailed Notice explains important rights you may have, including the possible receipt of a payment from the Individual Defendants Settlements. Your legal rights may be affected even if you do nothing.