National Bank of Greece announces that its Board of Directors at its meeting today decided to propose to the Bank's General Meeting of Shareholders of 14 January 2010 the election of a new Board consisting of thirteen members, following a recommendation of the appropriate Corporate Governance and Nominations Committee in line with the principles of corporate governance and smooth functioning of the Board.
It is proposed that, further to the seven already existing Directors who have expressed their interest in being re-elected, i.e. Messrs Vassilios Rapanos, Apostolos Tamvakakis, Ioannis Giannidis, Ioannis Panagopoulos, Alexandros Stavrou, H.E. the Metropolitan of Ioannina Theoklitos and Mr Stefanos Vavalidis, five new members also participate in the new Board, i.e. Ms Alexandra Papalexopoulou-Benopoulou, Ms Maria Sklavenitou and Messrs Georgios Zanias, Vassilios Konstantakopoulos and Petros Sabatacakis; it is noted that the thirteenth member is appointed as a representative of the Greek state pursuant to the provisions of law 3723/2008.
The Board of Directors also decided to propose amendments to articles 18, 19, 21, 22, 23 and 24 of the Bank's Articles of Association. The proposed amendments to the said articles as well as the proposed new BoD members Curriculum Vitae are attached as Appendices hereto.