Piraeus, July 16th 2021
Announcement concerning the Composition of the Board of Directors, Audit Committee, Remuneration Committee, and Nomination Committee
Following the decision of the Ordinary General Meeting of the shareholders of PPA S.A. dated 15/07/2021 for the election of members of the Board of Directors of the company, the BoD convened on July 16, 2021, constituted into a body and defined its members as executive and non-executive, as follows:
1. Chairman of the Board of Directors, Mr. ΥU Zeng Gang, executive member.
2. Vice Chairman of the Board of Directors, Mr. ZHU Jianhui, non-executive member.
3. Acting CEO, Mr. ZHANG Anming, executive member.
4. CFO, Member of the Board of Directors, Ms. LI Jin, executive member.
5. Member of the Board of Directors, Mr. FENG Boming, non-executive member.
6. Member of the Board of Directors, Mr. Arvanitis Nikolaos, independent, non-executive member.
7. Member of the Board of Directors, Mr. KWONG Che Keung Gordon, independent, non-executive member.
8. Member of the Board of Directors, Mr. IP Sing Chi, independent, non-executive member.
9. Member of the Board of Directors, Mr. Papapostolou Apostolos, non-executive member.
10. Member of the Board of Directors, Mr. Moralis Ioannis, non-executive member.
11. Member of the Board of Directors, Ms. Ioannidou Lito, non-executive member.
An Audit Committee was also defined, consisting of:
1. KWONG, Che Keung Gordon, Independent, non-executive BoD member.
2. Arvanitis Nikolaos, independent, non-executive BoD member.
3. Ioannidou Lito, non-executive BoD member,
and its rules of operation were updated.
A Remuneration Committee was defined, consisting of:
1. Arvanitis Nikolaos, independent, non-executive BoD member.
2. KWONG, Che Keung Gordon, Independent, non-executive BoD member.
3. IP Sing Chi, independent, non-executive member,
and its rules of operation were approved.
A Nomination Committee was defined, consisting of:
1. IP Sing Chi, independent, non-executive member.
2. KWONG, Che Keung Gordon, Independent, non-executive BoD member.
3. ZHU Jianhui, non-executive member,
and its rules of operation were approved.
The term of office of the above committees will be of equal duration with the term of the newly elected Board of Directors of the Company, whose term of office is one year.
