EXTRACTS OF MINUTES
OF THE 8th/21.4.2018 MEETING OF THE BOARD OF DIRECTORS


Subject:
– Extension of term for the Chairman and CEO, the Vice Chairman of the Board of Directors, the Deputy CEO and Members of the Board of Directors
– Composition of the Board of Directors
– HEDNO S.A. representation
–Assignment of responsibilities

The Board of Directors has concluded that:
There are conditions for the implementation of the second passage of subparagraph (a), of paragraph 1, article 11 of the Memorandum of Association currently in force. As a result, the terms of the Chairman and CEO Mr Hatziargyriou Nikolaos, the Vice Chairman of the Board of Directors Mr Misdanitis Athanasios, the Deputy CEO Mr Spigkos Christos and Members of the Board of Directors Mr Dimitriou Vassilios, Diamantis Stefanos and Komninos Konstantinos, which ended in 20 April 2018, are automatically extended until the date of the next Ordinary General Meeting of the Company.

This is the composition of the Board of the Directors based on each of these extensions of term:
1. Hatziargyriou Nikolaos of Dimitrios, Chairman and CEO, Executive Member
2. Misdanitis Athanasios of Konstantinos, Chairman of the Board of Directors, Executive Member
3. Spigkos Christos of Ploutarchos, Director and Deputy CEO, Executive Member
4. Dimitriou Vassilios of Nikolaos, Director, Non-Executive Member
5. Diamantis Stefanos of Panagiotis, Director, Non-Executive Member
6. Komninos Konstantinos of Efstratios, Director, Non-Executive Member
7.Masouras Konstantinos of Theofanis, Director, Non-Executive Member.


As regards delegation of authority - HEDNO S.A. representation, the following BoD decisions are in force and validated:
1. 328/22.10.2015
2. 327/22.10.2015
3. 139/5.12.2013, para. 3
4. 46/18.4.2013.

-----------------------------------------------------------------