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Press Release

ATHEX BoD Press Release

25 October 2021 - The Board of Directors of ATHEX announces that the Chief Executive Officer of the Company Mr. Socrates Lazaridis announced to the BoD his intention to resign as CEO. Mr. Lazaridis reached his decision with the aim of ensuring a smooth transition, wishing to pass the baton to the next generation, aware that he was approaching retirement.

The Board of Directors of ATHEX thanked the Chief Executive Officer for his long-term contribution to the Group and the institution, acknowledging the extrovert policy that he promoted, rendering  the Athens Stock Exchange, in times difficult on many levels for the Greek economy, a trustworthy and equitable partner with the largest capital markets of the world, and expressed the desire, taking into account the significant number of strategic and development initiatives that are currently underway, that Mr. Lazaridis remain as a Management Consultant at the Group, following the election of a new CEO.

In this way he will contribute to a smooth management transition while concurrently his recognized experience and industry knowledge will remain available for the continuation of ATHEX's efforts in the new international competitive environment.

Mr. Socrates Lazaridis will remain in his position as CEO for a reasonable period of a few months, so that there is the necessary time to complete the succession process.

The BoD decided, based on the existing succession plan of the Group, as part of best corporate practice, to assign the candidate selection process to the Nomination Committee, aiming that the whole process be completed by the beginning of next year.