Following the decision to reconstitute the Board of Directors of the Company "GEK TERNA SA", the Board of Directors during its meeting decided to continue the operation of the Company's Audit Committee with three members, until the election of a new Committee, in view of the expiry of her term on 30.06.2023, the majority of them independent and specifically the Audit Committee was constituted into Body as follows:

1. Capralos Spyridon            Chairman
2. Afentoulis Dimitrios       Member
3. Angelos Tagmatarchis   Member 

The Members of the Audit Committee are documented to meet the requirements of article 44 of Law 4449/2017, they meet in their majority the independence criteria of Article 9 of Law 4706/2020, they all have sufficient knowledge of the Constructions & Construction Materials / Constructions sector, in which the Company operates, Mr. Angelos Tagmatarchis has sufficient knowledge in the field of auditing and accounting and all Members are able to implement their responsibilities and obligations.

The issue of electing a new Audit Committee will be raised at the next General Assembly, which will determine the type of Audit Committee (a committee of the Board of Directors or an independent committee), its composition (number of members and their qualifications) and their term of office, after a proposal by the Nominations Committee.