The Company "GEK TERNA S.A." informs the public about the constitution of its Board of Directors. Following the annual audit carried out by the Nominations Committee, it was confirmed that on the date of the audit, the members of the Board of Directors and of the Committees meet the individual criteria set by the Suitability Policy, i.e. adequacy of knowledge and skills, guarantee of ethics and reputation, absence of conflict of interest, independence of judgement, availability of sufficient time and especially the independent members of the Board of Directors. and the Committees (including Mr. Angelos Tagmatarchis, third person/non-member of the Board of Directors and member of the Audit Committee) meet the independence criteria of Article 9 of Law 4706/2020, with the exception of Mr. Apostolos Tamvakakis, for whom the Committee found that he has ceased to meet the independence criteria, as he has completed nine (9) years as a member of the Company's Board of Directors and becomes a non-executive member of the Board of Directors, retaining the position of Vice President and is replaced in the position of Head of of Independent Members (Lead Independent Director) by Mr. Spyridon Kapralos. 

Following the above, the new composition of the Board of Directors of GEK TERNA S.A. is as follows:

1. Peristeris Georgios          Executive BoD Member, Chairman of the BoD and Managing

Director

1. Tamvakakis Apostolos     Non-Executive Member, Vice –Chairman of the BoD,                         

3. Gourzis Michail                  Executive BoD Member, Vice –Chairman of the BoD
4. Lazaridou Pinelopi           Executive Director, Executive  Member
5. Benopoulos Angelos       Executive Director, Executive  Member
6. Antonakos Dimitrios       Executive  Member
7. Lamprou Konstantinos  Executive  Member
8. Moustakas Emmanuel   Executive  Member
9. Souretis Petros                  Executive  Member
10. Afentoulis Dimitrios        Non-Executive Member
11. Apkarian Gagik                  Independent Non-Executive Member
12. Delikoura Aikaterini        Independent Non-Executive Member
13. Capralos Spyridon            Independent Non-Executive Member, Lead Independent Director
14. Skordas Athanasios         Independent Non-Executive Member
15. Staikou Sophia                  Independent Non-Executive Member

Finally, the Board of Directors decided that after the loss of the independency by Mr. Tamvakakis, the Nominations Committee was reconstituted into a House and its Chairman was elected Mr. Spyridon Kapralos and members Ms. Delikouras and Mr. Apkarian and Mr. Tamvakakis.