“MIG Holding Company” (hereinafter the “Company”) announces that, due to the completion of a cumulative total of nine (9) fiscal years on the Company’s Board of Directors, Mr. Petros Katsoulas has ceased to hold the status of Independent Non-Executive Member and remains on the Board of Directors as a Non-Executive Member, while Mr. Stefanos Kapsaskis resigned from his position on the Company’s Board of Directors and Committees with immediate effect.
The Board of Directors expressed its gratitude to Mr. Stefanos Kapsaskis for his substantial contribution to the work of the Board of Directors and the Company’s Committees throughout his tenure.
Following a recommendation by the Compensation and Recruitment Committee, the Board of Directors elected Ms. Evelina (Evangelia) Vougesi as a new Independent Non-Executive Member of the Board of Directors, to replace Mr. Kapsaskis, having determined that Ms. Vougesi meets the suitability criteria set forth in the Company’s Board of Directors’ Suitability Policy, as well as the criteria and guarantees of independence under Article 9, paragraphs 1 and 2, of Law 4706/2020.
Furthermore, Ms. Vougesi is not subject to any disqualifications or conflicts of interest under the provisions of applicable law, including Article 3(4) of Law 4706/2020. The Board of Directors also elected Ms. Vougesi as a new member of the Company’s Compensation and Recruitment Committee and Audit Committee, as it was determined that she possesses sufficient knowledge of the sector in which the Company operates, as well as sufficient knowledge and experience in accounting/auditing, in accordance with Article 44(1)(g) of Law 4449/2017.
Ms. Vougesi’s resume is available on the Company’s website.
Furthermore, the Board of Directors decided to appoint Mr. Loukas Papazoglou, an existing Non-Executive Member of the Board of Directors, as Independent, as it was determined that he meets the independence criteria of Article 9, paragraphs 1 and 2 of Law 4706/2020.
In light of the above, the Company’s Board of Directors, Audit Committee, and Compensation and Recruitment Committee were reconstituted as follows:
Board of Directors
1. Petros Katsoulas, Chairman - Non-Executive Member
2. Georgios Efstratiadis, Chief Executive Officer - Executive Member
3. Stavroula Markouli, Executive Member
4. Loukas Papazoglou, Independent Non-Executive Member
5. Konstantinos Galiatsos, Independent Non-Executive Member
6. Evelina Vougesi, Independent Non-Executive Member
7. Efstratios Hatzigiannis, Independent Non-Executive Member
It should be noted that the term of the current Board of Directors, which was set at three years by the decision of the General Meeting of Shareholders dated June 22,2022, has been automatically extended until the election of a new Board of Directors by the Annual General Meeting of Shareholders to be held in 2026.
Audit Committee
1. Konstantinos Galiatsos, Chairman
2. Efstratios Hatzigiannis, Member
3. Evelina Vougesi, Member
Compensation and Recruitment Committee
1. Loukas Papazoglou, Chair
2. Konstantinos Galiatsos, Member
3. Evelina Vougesi, Member