After the Adjourned Extraordinary General Meeting of Shareholders of PPA SA on 10/6/2016, the Board of Directors convened at the same date, and decided the appointment of its members as follows:

1. Kouvaris Ioannis, representative of shareholders, BoD President & CEO, executive member.

2. Liagkos Athanasios, representative of shareholders, BoD Vice President, executive member.

3. Hatzakos Stavros, representative of shareholders, executive member.

4. Arvanitis Nikolaos, representing the shareholders, independent non-executive member.

5. Drakontaidis Stavros, representative of shareholders, independent non-executive member.

6. Roidis Georgios, representative of shareholders, non-executive member.

7. Korkidis Vasilios, representative of shareholders, non-executive member.

8. Kiramargios Stavros, representative of shareholders, non-executive member.

9. Tsalikidou Olimpia, representative of shareholders, non-executive member.

10. Lagoudakis Ioannis, representative of shareholders, non-executive member, Mayor of Perama.

11. Moralis Ioannis, representative of shareholders, non-executive member, Mayor of Piraeus.