ADMIE Holding has set up the following committees:

The Audit Committee

The Audit Committee in accordance with the current Internal Rules of Operation of the Company and its Rules of Operation, which was approved by decision No. 8 / 16.05.2017 of the BoD of the Company and  has been established with the aim of supporting the BoD in its tasks related to financial information, internal audit and regular audit supervision. The Committee is an independent committee of the BoD of the Company composed of three (3) non-executive members of the BoD, of which two (2) are independent within the meaning of the provisions of Law 3016/2002.

The Chairman of the Audit Committee is appointed by its members and is independent of the Company while at least one (1) member of it is a suspended auditor or retired or has sufficient knowledge in auditing and accounting. The members of the Audit Committee as a whole have sufficient knowledge in the field in which the Company operates. It meets regularly, at least 4 times a year or even extraordinarily, whenever necessary, keeps minutes of its meetings and submits reports to the BoD every three months or in a shorter period of time, if deemed necessary. In detail, the duties and responsibilities of the Audit Committee are included in the above-mentioned Rules of Operation.

The current composition of the Audit Committee which was established by the Board of Directors on 16/07/2020 is as follows:

i. Eleni Zenakou, President of the AC [Independent non-executive member of the Board].

ii. Konstantinos Drivas, AC Member [Independent non-executive member of the Board] and

iii. Vassilios Mikas, AC Member [Independent non-executive member of the Board].

 

The Remuneration Committee

The Remuneration Committee was established according to the provisions of Law 4706/2020, with the no. 58 / 23-7-2020 of the BoD, with the task of formulating proposals to the BoD regarding the Remuneration Policy that is submitted for approval to General Meeting, the remuneration of persons falling within the scope of the remuneration policy and the remuneration of the Company’s executives, as well as the examination of the information included in the final draft of the annual remuneration report, providing its opinion to the Board of Directors, before from the submission of the report to the General Meeting. It is an independent committee of the Board of Directors of the Company composed of three (3) independent, non-executive members. The Chairman of the Remuneration Committee is appointed by its members and is independent of the Company. The Remuneration Committee has rules of procedure, which define, inter alia, its role and the procedure for its fulfillment, as well as the procedure for convening and meeting it.

The current composition of the Remuneration Committee is as follows:

  1. Konstantinos Angelopoulos, Chairman [Independent non-executive member of the Board].
  2. Konstantinos Drivas, Member [Independent non-executive member of the Board] and
  3. Vassilios Mikas, Member [Independent non-executive member of the Board].

 

The Nominations Committee

The Nominations Committee was established according to the provisions of Law 4706/2020, with the no. 58 / 23-7-2020 of the BoD, in order to identify and propose to the Board of Directors persons suitable for the acquisition of membership. Board of Directors, based on a procedure provided for in its operating regulations.

For the selection of candidates, the nomination committee takes into account the factors and criteria determined by the Company, in accordance with the suitability policy it adopts. It is an independent committee of the BoD of the Company composed of three (3) non-executive members, of which two (2) are independent. The Chairman of the Nomination Committee is appointed by its members and is independent of the Company. The Nominations Committee has rules of procedure, which define its role and the procedure for its fulfillment, as well as the procedure for convening and meeting it.

The current composition of the Nominations Committee is as follows:

  1. Konstantinos Angelopoulos, Chairman [Independent non-executive member of the Board].
  2. Konstantinos Drivas, Member [Independent non-executive member of the Board] and
  3. Panagiotis Iliopoulos, Member [Non-executive member of the Board].