Athens, September 9, 2022
Announcement – Regulated information
PPC S.A. announces that at its meeting held on 23.8.2022, the Board of Directors (BoD) after taking into consideration :
a. the BoD Decisions no. 165/21.12.2021 and 78/5.7.2022,
b. the resolutions of the Ordinary General Meeting of the shareholders of PPC S.A. held on 29.6.2022, resulting in the election of Mr. Georgios Stassis as Chief Executive Officer (CEO) of PPC S.A. as well as Messrs. Pyrros Papadimitriou, Stefanos Kardamakis and Stefanos Theodoridis as Independent Non-Executive members of the BoD and the election of Messrs. Alexandros Paterakis and Alexandros Fotakidis as members of the BoD from 22.8.2022 until 21.8.2025, respectively.
c. paragraph 3, of Article 9 of the Articles of Incorporation of the Company as in force,
decided the formation of the BoD into a body according to the election of its abovementioned members, elected Mr. Georgios Stassis CEO as Chairman of the Company and Mr. Pyrros Papadimitriou as Independent Vice-Chairman, and appointed Mr. Alexandros Paterakis as Executive Member and Mr. Alexandros Fotakidis as Non-Executive Member of the BoD.
Therefore, the new composition and formation into a body of the BoD, along with each member’s relevant capacity are as follows:
Taking into account the election of a new member and the re-election of five members of the BoD, including the Chief Executive Officer, by the Ordinary General Meeting of Shareholders held on 29.6.2022 - term of office beginning on 22.8.2022- and after it was established by the BoD that the independence criteria of article 9 L. 4706/2020 are met by all Independent Members of the BoD and the third persons, non-Board Members, that participate in its Committees (namely the Audit Committee and the Nomination, Remuneration and Recruitment Committee) and that the other requirements and criteria of par. 1, article 44 of L.4449/2017, as amended and in force, are met by the members of the Audit Committee, the composition of said committees is confirmed as it is this day and as established by virtue of the BoD decisions 79/5.7.2022 and 80/5.7.2022; Said Committees consist of the following, in alphabetical order:
AUDIT COMMITTEE (AC)
NOMINATION, REMUNERATION AND RECRUITMENT COMMITTEE (NRRC)
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