ANNOUNCEMENT OF APPOINTMENT OF REMUNERATION AND NOMINATIONS COMMITTEE

The company EKTER S.A. announces that, pursuant to the decision of the Board of Directors dated 09.07.2021, a single Remuneration and Nominations Committee was appointed, as permitted by the provisions of article 10, par. 2 of Law 4706/2020.

The Company’s Remuneration and Nominations Committee will consist of three members, of which two (2) shall be independent non-executive Directors and one (1) a non-executive Director. The Committee’s Bylaws (that will determine, inter alia, the duration of the term of office of the Committee, its duties, the procedure for the fulfillment of its duties, as well as the procedure for its convocation and its meetings) will be prepared by the Committee itself and will be posted at the Company’s website.  

According to the minutes dated 12.07.2021, the Committee was constituted as a body as follows:

• Vasiliki Krokou of Ioannis, independent non-executive Director, Chairman of the Remuneration and Nominations Committee,
• Konstantinos Krassas of Dimitrios, independent non-executive Director, Member of the Remuneration and Nominations Committee,
• Konstantinos Stoumpos, Vice Chairman of the B.o.D., non-executive Director, Member of the Remuneration and Nominations Committee.  

Furthermore, the Committee determined that its term of office shall coincide with the term of office of the current Board of Directors, i.e. until February 26, 2026, to be extended accordingly to the term of office of the B.o.D., in order for a new Remuneration and Nominations Committee to be appointed at the next appointment of a Board of Directors.