Replacement of BoD member

Piraeus, 24.08.2017

Replacement of BoD member

PPA SA announces that the shareholder "Hellenic Republic Asset Development Fund S.A." by letter dated 23 Aug. 2017, appoints according to the procedure of the paragraphs 2 and 3 of art. 7 of the PPA's Articles of Incorporation as a non-executive member of PPA' s Board of Directors Mr. Charalampis Karamaneas, in replacement of the late member Ioannis Kouvaris.