Constitution of the B.o.D into Body

Following the decision of the Ordinary General Meeting of the Company's Shareholders of 1^st July 2021 to elect a new Board of Directors and appoint independent members, in accordance with paragraphs 1 and 2 of Article 9 of Law 4706/2020, which was taken after the proposal of the Board of Directors and the recommendation of the Nominations and Remunerations Committee to the General Meeting, the BoD was constituted into Body as follows:

1. Peristeris Georgios          Executive BoD Member, Chairman of the BoD and Managing Director
2. Tamvakakis Apostolos     Independent Non-Executive Member, Vice –Chairman                                 BoD,                          Lead Independent Director

3. Gourzis Michail                 Executive BoD Member, Vice –Chairman BoD
4. Lazaridou Pinelopi            Executive Director, Executive BoD Member
5. Benopoulos Angelos       Executive Director, Executive BoD Member
6. Antonakos Dimitrios       Executive BoD Member
7. Moustakas Emmanuel    Executive BoD Member
8. Perdikaris Georgios         Executive BoD Member
9. Afentoulis Dimitrios         Non-Executive Member
10. Apkarian Gagik                 Independent Non-Executive Member
11. Delikoura Aikaterini         Independent Non-Executive Member
12. Capralos Spyridon            Independent Non-Executive Member
13. Staikou Sophia                 Independent Non-Executive Member

Their term will last for four years and is automatically extended until the Ordinary General Meeting to be convened in 2026.

It is noted that the decision about the election of Messrs. Skordas and Lambrou will become effective after the registration of the amendment of the Articles of Association in the General Commercial Registry.

For the Members of the Board of Directors, the conditions of articles 3 and 5 of law 4706/2020 are met, regarding adequate representation by gender and the total number of independent non-executive members in the Board of Directors and the suitability criteria provided by the current regulatory framework are met and the internal rules of operation of the company and the independent non-executive members meet the conditions of independence set by the current regulatory framework.