Space Hellas S.A. announces that after the election of the members of the Board of Directors from the 29^th Annual General Assembly of the shareholders of the company in 22-06-2015, the new elected Board of Directors was thereafter formed into a body in 22-06-2015 as follows:

1. Spyridon Manolopoulos, son of Dimitrios, Chairman of the Board of Directors, Executive Member of the Board.

2. Ioannis Mertzanis son of Anastasios, CEO, Executive Member of the Board.

3. Paraskevas Drossinos, son of Dimitrios, A' Executive Vice Chairman, Executive Member of the Board. 

4. Christos Bellos, son of Panagiotis, B' Vice Chairman, Non-Executive Member of the Board.

5. Ioannis Doulaveris, son of Alexandros, Executive Member of the Board.

6. Panagiotis Bellos, son of Christos, Executive Member of the Board.

7. Georgios Lagogiannis, son of Panagiotis, Non-Executive Member of the Board.

8. Athanasios Patsouras, son of Nikolaos, Independent Non Executive Member of the Board.

9. Eirini-Anastasia Hatzistamatiou, daughter of Theodoros, Independent Non Executive Member of the Board.

The term of the members of the Board of Directors will be, pursuant to the company's bylaws, five years, starting from their election from the General Assembly of 22-06-2015 and ending with the election of the new members of the Board of Directors from the General Assembly of the shareholders that will be convened in between the first semester of the year 2020.

Finally, the new elected Board of Directors, after its formation into a body, decided  to assign its powers and authorizations.