ELVALHALCOR S.A. (the “Company”) informs the investment community that, following a decision by the Company’s Board of Directors on 2 November 2026:
a) Mr Nikolaos Karabateas, son of Eustratios, an executive member of the Board of Directors and General Manager of the Company’s Aluminium Division, has taken up the position of Chief Executive Officer of the Company with immediate effect.
b) Following this appointment, the Company’s Board of Directors has been reconstituted as follows:
1) Konstantinos Katsaros, son of Georgios, Chairman of the Board, Non-Executive Member.
2) Spyridon Kokkalis, son of Vasileios, Vice-Chairman of the Board, Executive Member.
3) Nikolaos Karabateas, son of Eustratios, Chief Executive Officer, Executive Member.
4) Panagiotis Lolos, son of Charalambos, Executive Member. 5) Andreas Mavroudis, son of Georgios, Executive Member.
6) Athanasia Kleniati – Papaioannou, daughter of Konstantinos, Non-Executive Member.
7) Ioanna Podimata, daughter of Konstantinos, Non-Executive Member.
8) Vasileios Loumiotis, son of Ioannis, Independent Non-Executive Member.
9) Ploutarchos Sakellaris, son of Konstantinos, Independent Non-Executive Member.
10) Ourania Aikaterinari, daughter of Nikolaos – Parmenion, Independent Non-Executive Member.
In addition, taking into account the extensive professional experience in auditing of the Company’s independent non-executive Board member, Mr Vasileios Loumiotis, son of Ioannis; his high level of academic qualifications and teaching experience in auditing and accounting; and his management skills, gained through serving as a member of companies’ boards of directors and through his service to date as a member and chair of committees of listed companies, including the Company, the Company’s Board of Directors unanimously decided to appoint Mr Vasileios Loumiotis, son of Ioannis, as the Company’s independent non-executive Board member and Senior Independent Director, within the meaning of the relevant Specific Practices in paragraphs 2.2.21 and 2.2.22 of the Corporate Governance Code adopted by the Company (the Hellenic Corporate Governance Code of the Hellenic Corporate Governance Council, June 2021), with the responsibilities set out in the aforementioned provisions of that Code.
The term of office of the members of the Company’s Board of Directors, elected by resolution of the Company’s Ordinary General Meeting of shareholders on 11 May 2026, is one year under Article 11(1) of the Company’s Articles of Association, meaning that it runs until 11 May 2027. Under Article 85(1)(c) of Law 4548/2018, as in force, and Article 11(2) of the Company’s Articles of Association, the term is extended until the end of the period within which the next Ordinary General Meeting in 2027 must be held and until the relevant resolution is adopted, but may not exceed two years.