Organization of BoD, Committees

The Board of Directors has established an Audit Committee consisting of 3 independent directors: Mr. Panagiotis Kyriakopoulos, Mr. Apostolos Tamvakakis and Mr. George Taniskidis. Mr. Kyriakopoulos has been appointed as Chairman of the Audit Committee.

The Board of Directors decided not to establish Compensation or Director Nomination Committees, but instead, the full Board of Directors will act as such.