Committees

The Audit Committee aims to support the Board of Directors in its duties relating to financial reporting, internal control and the supervision of regular auditing and is in constant cooperation with the Company's Internal Audit Department. Its tasks include, inter alia, overseeing the Company's internal control systems, monitoring the statutory audit of the annual and consolidated financial statements and monitoring the selection process and the independence of the auditors.

In particular:

• Serves as a liaison between the Board of Directors, the Internal Auditor, the statutory auditors and the Company's management with respect to the Company's accounting and financial statements, management information reports, corporate governance, risk management and internal control system.
• Supports the Board of Directors in fulfilling its duties regarding the proper application of the accounting principles and the reporting system of the Company and all its subsidiaries and the adequacy of the internal control system.
• Contributes to ensuring the quality of internal control, financial control, management integrity, and the adequacy and transparency of financial and operational information. However, it is still possible for the Internal Auditor or the Statutory Auditor to contact the Board of Directors directly if necessary.

The role, responsibilities and composition of the Audit Committee are described in detail in the relevant section of the Company's Internal Regulations and the Audit Committee's Rules of Procedure, which was revised and approved by the Audit Committee at its meeting held on 21.09.2020.

The Remuneration and Nomination Committee is a committee of the Board of Directors of the Company and its members are appointed by the Board of Directors of the Company. The Committee shall consist of three (3) members, of which at least two (2) shall be independent non-executive members within the meaning of Article 9 of Law 4706/2020, and one (1) non-executive member of the Board of Directors. The Remuneration & Nomination Committee is intended to support and assist the Board of Directors:

• in the performance of its duties in matters relating to the remuneration of persons falling within the scope of the Company's Remuneration Policy in force from time to time; and
• in recommending suitable candidates for election to the Board and to fill senior management positions, in accordance with the Company's then current Remuneration Policy and the regulatory framework governing the general operation of the Company.

The role, responsibilities and composition of the said Committee are described in detail in the relevant chapter of the Company's Internal Regulations and in its Rules of Procedure, approved by decision of said Committee at its meeting of 14.07.2021