Αthens, October 22, 2019 – Hellenic Telecommunications Organization S.A. (“OTE S.A.” or the “Company”) announces that the Company's Board of Directors elected on October 18, 2019, according to the applicable legislation, Mr. Vasilis Vassalos, as member of the Audit Committee (in his capacity as  non-executive member of the Board of Directors), in replacement of the resigned non-executive member of the Board of Directors and Audit Committee, Mr. Panagiotis Skevofylax.

Following the above, the composition of the Audit Committee is as follows: Mr. Eelco Blok (Chairman- Independent Non-executive member of the Board of Directors), Mr. Andreas Psathas (Member - Independent Non-executive member of the Board of Directors) and Mr. Vassilis Vassalos (Member - Non-executive member of the Board of Directors). The term of the members of the Audit Committee is identical with their term as members of the Board of Directors, i.e. up until the General Meeting of the Shareholders of year 2021.

The announcement is issued as a Regulated Information, in accordance with Law 3556/2007, [article 3, par. 1 (k) and article 21] and Regulation No 596/2014 (article 17) of the European Parliament and of the Council on market abuse.