Board Committees

The Audit Committee, in accordance with the company’s operating regulation in force and its Rules of Procedure, which were approved by decision no. 69/8-7-2021 of the Company’s Board of Directors, has been established with the aim of supporting the Board of Directors in its duties regarding financial information, internal control and supervision of regular audit. The existing Audit Committee, which was established at the meeting of the Board of Directors on 16/5/2024, is a committee of the Company’s Board of Directors and consists of three (3) independent non-executive members.

The Chairman of the Audit Committee was appointed by its members at the meeting on 16/5/2024, has many years of knowledge and experience in auditing and accounting. In accordance with the provisions of para. 1 of article 44 of Law 4449/2017, as amended by article 74 of Law 4706/2020, all the members of the Audit Committee have sufficient knowledge in the field in which the Company operates, as evidenced by their capacity as members of the Company’s Board of Directors and their relevant professional experience and knowledge.The Audit Committee meets regularly, at least 4 times a year or exceptionally, whenever necessary, keeps minutes of its meetings and submits reports to the Board of Directors every three months or in a shorter period of time, if necessary. In detail, the duties and responsibilities of the Audit Committee are included in the above mentioned Rules of Operation.

The Audit Committee of the Company consists of:

i.  Mr. Charalampos Xydis, Chairman A.U. [Independent non-executive member of the Board].

ii. Mr. Vassilios Mikas, Member of the A.U. [Independent non-executive member of the Board] and

iii. Mr. Konstantinos Drivas, Member of the A.U. [Independent non-executive member of the Board].