HELLENiQ ENERGY Holdings (the “Company”) announces that the Board of Directors (“BoD”) of the Company, at its meeting on June 3, 2026, following a relevant recommendation by the Nominating Committee, unanimously decided the following:
1. It elected Ms. Maria Psyla as an independent non-executive member to replace the resigning Mr. Panagiotis Tridimas and Ms. Maria Ioannidou as an independent non-executive member to replace the resigning Mr. Iordanis Aivazis, for the remainder of the term of the resigning members, i.e., until the expiration of the Board’s term on June 27, 2027.
The Nominating Committee, following a relevant evaluation, confirmed that Ms. Psyllas and Ms. Ioannidou meet the individual and collective suitability criteria, as specified in the Company’s Suitability Policy, that none of the conflicts of interest provided for in the Suitability Policy apply to their election, and, furthermore, they meet the independence requirements of Article 9 of Law 4706/2020, it will propose to the General Meeting their appointment as independent non-executive members for the remainder of the Board’s term.
The CVs of the new members are posted on the Company’s website: Board of Directors - HELLENiQ ENERGY.
The new composition of the Board of Directors, as it stands, meets the requirements of Law 4706/2020, as amended by Law 5178/2025, regarding the representation ratio of the underrepresented gender on the Board (33%, rounded to the nearest whole number).
2. Appointed Mr. Nikolaos Vrettos as Senior Independent Non-Executive Member to replace Mr. Iordanis Aivazis.
3. Reconstituted as follows:
Audit Committee
• Nikolaos Vrettos, Senior Independent Non-Executive Member (replacing the resigning Mr. Iordanis Aivazis)
• Stavroula Kampouridou, Independent Non-Executive Member
• Panagiotis Papazoglou, non-member of the Board
The Board of Directors decided not to replace Mr. Panagiotis Tridimas for the time being and for the Committee to operate with three (3) members until the Annual General Meeting.
Furthermore, taking into account the relevant recommendation of the Nominating Committee, according to which it is determined that Mr. Tridimas meets both the criteria of Article 44(1) of Law 4449/2017 and the independence requirements of Article 9 of Law 4706/2020, the Board of Directors decided to submit a proposal to the Annual General Meeting to decide on:
➢ to amend the decision of the Ordinary General Meeting dated June 27, 2024, under Item 15, so that the four-member independent (mixed) Audit Committee henceforth consists of two (2) independent non-executive members of the Board of Directors and two (2) external third parties,
➢ the election of Mr. Panagiotis Tridimas as the second external third-party member of the Audit Committee.
The composition (independent (mixed)) and term of office of the Audit Committee (coinciding with the term of the current Board of Directors) will remain unchanged.
Nominating Committee
• Nikolaos Vrettos, Senior Independent Non-Executive Member
• Theodoros Vardas, Non-Executive Member
• Maria Psilla, Independent Non-Executive Member
Compensation and Succession Planning Committee
• Nikolaos Vrettos, Senior Independent Non-Executive Member
• Theodoros Vardas, non-executive member
• Maria Psilla, Independent Non-Executive Member
The above committees will meet to elect a chairperson from among their independent members.