NEXANS HELLAS S.A.

ANNOUNCEMENT

Nexans Hellas S.A. announces that following the resignation of Mr. D. Politis from his capacity as member of the BoD, the BoD of the company elected today, in accordance with Article 13(1) of the Articles of Association and article 18 para. 7 of L. 2190/1920, Mr. Ioannis Tricardos, as independent member of the BoD, in replacement of Mr D. Politis.

Further the BoD was formed into corporate body as follows:

1)        Christof Josef Barklage, son of Josef Barklage, Chairman of the BoD & Managing Director [executive];

2)        Stephane Iliades, son of Panagiotis, Vice-Chairman of the BoD [executive];

3)         Henrik Desfontaines, son of Léon, member of the BoD [non executive];

4)         George Chryssomallis, son of Constantine, member of the BoD [non executive];

5)         Ioannis Trikardos , son of Vasileios Trikardos , member of the BoD [non executive];

6)         Patrick Noonan son of James Harold, member of the BoD [non executive];

It is noted that Messieurs George Chryssomallis and Demetrios Politis had been elected as independent members by the Extraordinary General Meeting of shareholders of October 6^th, 2015 and following the replacement of Mr. Demetrios Politis by Mr. Ioannis Tricardos, the latter along with Mr. George Chryssomallis, will be the independent members of the B.o.D.

The term of office of the new elected member will expire simultaneously with the expiration of the term of office of the current BoD, i.e. on the date the new Board of Directors will be elected by the Ordinary General Meeting of the Shareholders that will be convened within the first half of 2017.