HELLENIC EXCHANGES - ATHENS STOCK EXCHANGE S.A.

Formation of the Board of Directors in a body, appointment of the members of the Audit Committee and formation as a body

HELLENIC EXCHANGES-ATHENS STOCK EXCHANGE S.A., following the announcement on 8.6.2023 concerning the decisions of the Annual General Meeting of Shareholders of 8.6.2023, announces that the new eleven-member Board of Directors of the Company was formed as a corporate body on that same day, as follows:

  1. George Handjinicolaou         Chairman, independent non-executive member
  2. John Costopoulos                 Vice Chairman, independent non-executive member
  3. Yianos Kontopoulos              Chief Executive Officer, executive member
  4. Konstantinos Vassiliou         Independent non-executive member
  5. Dimitrios Dosis                      Independent non-executive member
  6. Giorgos Doukidis                   Independent non-executive member
  7. Polyxeni Kazoli                      Independent non-executive member
  8. Theano Karpodini                 Independent non-executive member
  9. Nicholaos Krenteras              Independent non-executive member
  10. Spyridoula Papagiannidou    Independent non-executive member
  11. Thomas Zeeb                         Independent non-executive member

 

The term of office of the Board of Directors of the Company is three years, i.e. until the Annual General Meeting of 2026, extended in accordance with the provisions of article 85 par. 1 (c) of Law 4548/2018 and par. 2 of article 8 of the Company's Articles of Association, until the Annual General Meeting of the Company's shareholders, which will be held after the expiration of its term of office.

The Board of Directors of the Company, on the same date of 8.6.2023, in accordance with the decisions of the Annual General Meeting of the Company's Shareholders of 8 June 2023, appointed as members of the Company's Audit Committee, in accordance with the provisions of article 44 of Law 4449/2017, article 9 par. 1 and 2 and article 10 of Law 4706/2020, the independent non-executive members of the Board of Directors, Mr. Giorgos Doukidis, Mrs. Polyxeni Kazoli, Mrs. Theano Karpodini, Mr. Nicholaos Krenteras and Mr. John Costopoulos, after having verified that each of them meets the criteria of independence, according to article 9 par. 1 and 2 of Law 4706/2020 and the requirements of article 44 of Law 4449/2017, as in force, and the criteria and conditions of suitability, in order for the Company's Audit Committee to have a legal composition.

The Audit Committee of the Company, which was appointed by the Board of Directors' decision of 8.6.2023, was formed on the same day as a body and appointed its Chairwoman as follows:

Chairwoman    Theano Karpodini             Independent non-executive member of the BoD

Members          Giorgos Doukidis               Independent non-executive member of the BoD

                          Polyxeni Kazoli                  Independent non-executive member of the BoD

                          Nicholaos Krenteras         Independent non-executive member of the BoD

                          John Costopoulos             Independent non-executive member of the BoD

 

The term of office of the members of the Committee will follow their term of office as members of the Board of Directors, i.e. until the Annual General Meeting of 2026, automatically extended in accordance with the provisions of article 85 par. 1 (c) of Law 4548/2018 and par. 2 of article 8 of the Aritcles of Association of the Company until the Annual General Meeting of the Company's shareholders, which will be held after the expiration of its term of office.

Also, the members of the Audit Committee, at the same meeting, taking into account the report submitted in accordance with article 44 par. (g) of Law 4449/2017, as in force, the mandatory presence of at least one independent non-executive member with sufficient knowledge and experience in accounting or auditing at the meeting of the Committee for the approval of the Company's Financial Statements, decided that Mrs. Theano Karpodini, independent non-executive member, and Chairwoman of the Audit Committee, will be required to be present at these meetings, given that she meets all the criteria and requirements of article 44 of Law 44 of the Law. 4449/2017, as in force, the criteria of independence of article 9 par. 1 and 2 of Law 4706/2020, as in force, and in addition, she has proven sufficient knowledge and experience in accounting and auditing, knowledge related to international standards.