Corporate Governance Statement

Corporate Governance Statement

The company has voluntarily decided to adopt the Corporate Governance Code for listed companies of the Hellenic Corporate Governance Council (HCGC) (here in after referred to as "Code"). The Code can be found on the HCGC website, at the following address:


Corporate Governance Practices in addition to the provisions of the Law


The Company, over the course of implementinga structured and adequate system of corporate governance, has applied specific practices of good corporate governance, some of which are on top of those provided by the applicable legislation.

Specifically, the Company has applied the following additional corporate governance practices, which all relate to the size, composition, functions and general operation of the Board:

Due to the nature and objective of the Company, the complexity of matters and the necessary legal support of the Group, which includes a number of operations and subsidiaries in Greece and abroad, and in order to assist it in its work, the BoD has established committees that comprise of its members, with advisory, supervisory or approving authorities.

The committees are listed below:

  1. Audit Committee
  2. Remuneration & Succession Planning Committee
  3. Nominations Committee

In addition to the above Board committees, executive and non-executive committees have been set up and are in place, mainly advisory in nature, composed of senior company executives and designed to assist Management. The main committees include:

  1. Executive Committee
  2. Sustainable Development Committee
  3. Strategy and Risk Management Committee

The BoD has adopted provisions in the Company’s Internal Operating Regulation on the prohibition of stock exchange transactions by the Chairman of the BoD, the CEO and other members of the BoD, for as long as they serve as either Chairman of the BoD or CEO of an associated company. The BoD has also adopted a Procedure of Monitoring and Disclosure of Significant Participations and Transactions on the Company’s shares, as well as a procedure of Monitoring and Disclosing Transactions and Financial Activity with the Company’s key clients and suppliers.

Contact Investor Relations