Gek Terna S.A. informs the Investors that the Board of Directors during its meeting on June 27, 2018 decided to elect the independent non-executive member, Mr. Spyridon Capralos, as additional member of the Audit Committee. With his knowledge and experience, Mr. Capralos shall promote the work of the Audit Committee, whereas his election will be submitted for approval by the next General Assembly.

It is reminded that the other members of the Audit Committee, Messrs Apostolos Tamvakakis, Aggelos Tagmatarhis and Nikolaos Kampas, were elected by the Ordinary General Assembly on June 28, 2017 and such composition of the Audit Committee already fulfills the requirements of article 44 of law 4449/2017 and the relevant recommendations of the Capital Market Commission, as well as the provisions of article 4.1 of the Company's Corporate Governance Code, which provides for at least three members in the Audit Committee.