MINUTES

of the Meeting of the Remuneration and Nomination Committee of the
Company under the name
"PAPOUTSANIS Anonymous Industrial and Commercial
Consumer Goods Company"
on 21.01.2026

Today, on 21.01.2026, at 17:00, the Remuneration and Nomination Committee (the Committee) of the Company under the name "PAPOUTSANIS Anonymous Industrial and Commercial Company of Consumer Goods" (the Company), with GEMI number 121914222000 convened in a meeting

All members were present, namely:

1. Eleni Koritsa,

2. Christos Georgalis, 

3. Antonios Barounas, 

With a quorum present, the Committee began discussing the following item:

Single issue:  Formation of the Company's Remuneration and Nomination Committee.

Following (a) the decision of 10.07.2024 of the Extraordinary General Meeting of the Company's shareholders, which elected the members of the new Board of Directors (BoD) of the Company, its term of office was determined and its independent non-executive members were appointed, within the meaning of Article 9 of Law 4706/2020, and (b) the decision of the Company's Board of Directors dated 21.01.2026, whereby the Board of Directors, following the resignation of Mr. D. Papoutsanis from the Company's Board of Directors, decided on the composition of the Company's Remuneration and Nomination Committee and determined its term of office, the Committee, having also taken into account:

A) the Committee's Rules of Procedure,

B) that the Committee consists of non-executive members of the Board of Directors, at least two members are independent non-executive members, and the independent non-executive members constitute the majority of the Committee's members,

C) that the term of office of the Committee is identical to that of the Company's Board of Directors,

D) that the Committee exercises the powers provided for in Articles 11 and 12 of Law 4706/2020, as well as those assigned to it under the Company's Articles of Association and the Committee's Rules of Procedure,

E) that the Chairman of the Committee must, in accordance with Article 10(3) of Law 4706/2020, as in force, be an independent non-executive member of the Board of Directors, within the meaning of Article 9(3) of Law 4706/2020, appointed by the members of the Committee at a meeting following the formation of the Committee as a body, 

F) that the independence criteria, in accordance with the relevant provisions of Law 4706/2020, are met by the independent non-executive members of the Board of Directors who are also members of the Committee, was verified in the context of their election as members of the Board of Directors and their appointment as independent non-executive members by the Extraordinary General Meeting held on 10.07.2024,

confirms its composition as above and unanimously decides to establish it as a body and to determine the status of its members as follows:

1. Eleni Koritsa, daughter of Christos, resident of Paleo Psychiko, at 10 Parnithos Street, holder of ID card no. S 095302, with tax identification number 029169372, Greek nationality, independent non-executive member, Chair of the Remuneration and Nomination Committee, 

1. Christos Georgalis, son of Petros, resident of N. Penteli, at 16 Ierou Lochou Street, holder of ID card AK 702121, Tax Identification Number 013429794, Member of the Remuneration and Nomination Committee,

1. Antonios Barounas, son of Sotirios, resident of N. Penteli, at 11 Agia Sofia Street, holder of ID card AN 602404, with tax identification number 038426502, Greek nationality, independent non-executive member, Member of the Remuneration and Nomination Committee.

The term of office of the Committee is identical to that of the Board of Directors, i.e. it expires on July 10, 2027, but extended until the expiry of the deadline within which the next Ordinary General Meeting must be convened and until the relevant decision is taken.

Following this, and as there were no further items for discussion, the meeting was adjourned.

Eleni Koritsa, Chair

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Christos Georgalis

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Antonis Barounas

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