Piraeus Port Authority S.A. (hereinafter referred to as “PPA” or the “Company”) announces that there are changes in the top management of the Company. More specifically PPA's Board of Directors nominated:

Mr. FU Chengqiu, Executive Member of the Board of Directors as CEO

Mr. DENG Xiaoli as Deputy CEO

Mr. JI Fengming as Chief Financial Officer (CFO)

Mr. LI Jianchun as Deputy CEO

Mr. Angelos KARAKOSTAS as Deputy CEO

Mr. Athanasios LIAGKOS, Non-Executive Member of the Board of Directors as management's Senior Consultant

Mr. Ioannis KOUVARIS, Non-Executive Member of the Board of Directors as management's Senior Consultant