In accordance with the provisions of article 2, para. 2(e) of the resolution 3/347/12.07.2005 of the Hellenic Capital Market Commission, Piraeus Bank apprises that on the meeting of the BoD that took place on 18.01.2012, Mr. Stylianos Golemis, Non-Executive Member and Mrs Fotini Karamanli, Independent Non-Executive Member of the BoD resigned. In substitution of the resigned members, the Board of Directors elected Mr Panagiotis Roumeliotis as Non-Executive member and Mr Stylianos Golemis as  Independent Non-Executive member of the Board respectively.

The Board of Directors was reconstituted as a body and designated its Executive and Non – Executive Members, in accordance with Law 3016/2002, as follows:

Executive Board Members

-Michael Sallas, father's name Georgios, Chairman

-Stavros Lekkakos, father's name Michael, Managing Director & CEO

-Alexander Manos, father's name Stefanos, Managing Director

-Christodoulos Antoniadis, father's name Georgios, Deputy Managing Director

-Ilias Milis, father's name Dimitrios, Deputy Managing Director

-Spiridonas Papaspirou, father's name Athanasios, Deputy Managing Director

Non – Executive Vice – Chairmen

-Iakovos Georganas, father's name Georgios, First Vice Chairman

-Ioannis Vardinoyiannis, father's name Vardis

-Panagiotis Roumeliotis, father's name Vassilios

Non – Executive Board Members

-Georgios Alexandridis, father's name Paraschos, Independent Non – Executive Member

-Hariklia Apalagaki, father's name Andreas, Non – Executive Member

-Eftyhios Vassilakis, father's name Theodoros, Non – Executive Member

-Stylianos Golemis, father's name Dimitrios, Independent Non – Executive Member

-Theodoros Mylonas, father's name Pavlos, Independent Non – Executive Member

-Vassilios Fourlis, father's name Stylianos, Non – Executive Member

-Jiři Šmejc, father's name Jiři, Non – Executive Member

-Konstantin Yanakov, father's name Periklis Non – Executive Member

Representative of the Greek Government pursuant to Law 3723/2008

-Athanasios Tsoumas, father's name Andreas