Athens, July 8^th 2015

REPLACEMENT OF MEMBERS OF THE BOD AND FORMATION INTO BODY

EYDAP S.A. informs the investment community that following the resignations of the Chairman of the BoD and CEO of EYDAP S.A. Mr. Anthony Vartholomeos and the Member of the BoD Mr. Epaminondas Sklavenitis, the BoD was convened today and elected Messrs. Konstantinos Papadopoulos and Ioannis Benisis in replacement of the resigned.

Subsequently, and after the election from the BoD of Mr. Konstantinos Papadopoulos as Chairman of the BoD with executive authorities and of Mr. Ioannis Benisis as CEO with executive authorities, the new BoD was formed into a body.