Investor Relations - 09.09.2022

New composition of the Board of Directors of PPC S.A. – Composition of Board Committees

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:

  • Stassis Georgios, Chairman of the BoD and Chief Executive Officer, Executive Member. Term of office ending on 21.8.2025.
  • Papadimitriou Pyrros, Vice-Chairman of the BoD, Independent Non-Executive Member. Term of office ending on 21.8.2025.
  • Dimitriadis Grigorios, Non-Executive Member of the BoD. Term of office ending on 28.6.2025
  • Doxaki Despina, Independent - Non-Executive Member of the BoD. Term of office ending on 28.6.2025.
  • Theodoridis Stefanos, Independent - Non-Executive Member of the BoD. Term of office ending on 21.8.2025.
  • Karakousis Georgios, Deputy Chief Executive Officer of PPC S.A. and Executive Member of the BoD. Term of office ending on 16.12.2024.
  • Kardamakis Stefanos, Independent – Non-Executive Member of the BoD. Term of office ending on 21.8.2025.
  • Paterakis Alexandros, Deputy Chief Executive Officer of PPC S.A. and Executive Member of the BoD. Term of office ending on 21.8.2025.
  • Fotakidis Alexandros, Non- Executive Member of the BoD. Term of office ending on 21.8.2025.
  • Psillaki Maria, Independent – Non-Executive Member of the BoD. Term of office ending on 16.12.2024.

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)

  • Aggeletopoulos Evangelos, Non-Member of the BoD. Term of office ending on5.2023.
  • Doxaki Despina, Independent - Non-Executive Member of the BoD. Term of office ending on6.2025.
  • Kardamakis Stefanos, Independent, Non-Executive Member of the BoD. Term of office ending on 8.2025.
  • Cholevas Konstantinos, Non-Member of the BoD, term of office ending on 5.2023 and
  • Psillaki Maria, Independent, Non-Executive Member of the BoD, term of office ending on 12.2024.

 

NOMINATION, REMUNERATION AND RECRUITMENT COMMITTEE (NRRC)

  • Doxaki Despina, (Independent Non-Executive Member of the BoD), Member of the NRRC, term of office ending on 6.2025.
  • Theodoridis Stephanos, (Independent Non-Executive Member of the BoD), member of the NRRC, term of office ending on 8.2025.
  • Papadimitriou Pyrros, Vice-Chairman of the BoD (Independent Non-Executive Member of the BoD), Chairman of the NRRC, term of office ending on 8.2025.

 

 

 

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