Piraeus Bank in its board meeting held on July 20, 2016, announced that Mr. Michael Sallas resigned from the position of Chairman of the Board remaining as Chairman Emeritus of Piraeus Bank. Further to the above, the Board of Directors was reconstituted as a corporate body and elected Professor Mrs. Charikleia Apalagaki, as interim Chairman of the Board of Directors, until the election of the new Chairman of the BoD. Following the above, the Board of Directors was reconstituted as follows: Non – Executive Chairman of the Board: Charikleia Apalagaki, father’s name Andreas. Vice – Chairmen: Apostolos Tamvakakis, father’s name Stavros, A’ Vice Chairman, Independent Non – Executive Member; and Stavros Lekkakos, father’s name Michael, B’ Vice Chairman, Non – Executive Member. Executive Board Members: George Poulopoulos, father’s name Ioannis, Deputy Managing Director. Non – Executive Board Members: Eftichios Vassilakis, father’s name Theodoros, Non – Executive Member; Iakovos Georganas, father’s name Georgios, Non – Executive Member; Vasileios Fourlis, father’s name Stylianos, Non – Executive Member; and Alexander Blades father’s name Zisis, Non – Executive Member. Independent Non – Executive Board Members: Chariton Kyriazis, father’s name Dimitrios, Independent Non – Executive Member; Arne Berggren, father’s name Sten, Independent Non – Executive Member; Karel De Boeck father’s name Gerard, Independent Non – Executive Member; and David Hexter father’s name Richard, Independent Non – Executive Member. Aikaterini Beritsi father’s name Konstantinos, HFSF Representative also participates in the Board of Directors.