ΣΦΑΚΙΑΝΑΚΗΣ Α.Ε.Β.Ε.

Redefinition of Board of Directors Responsibilities

SFAKIANAKIS S.A. announces that at Company¶s BoD meeting held on 21.07.2016 the responsibilities of the Board members were redefined, as follows:

 1. Stavros Taki                                    President & CEO, Executive member

 2. George Koukoumelis                       Vice-president, Executive member

 3. Athanasios Platias                           Non-executive Member

 4. Dimitrios Hountas                            Non-executive Member

 5. Vlasios Georgatos                           Independent Non-executive Member

 6. Christophoros Katsambas               Independent Non-executive Member

 7. George Taniskidis                           Independent Non-executive Member