​The National Bank of Greece (the Bank) announces that, the Chairman of the Board of Directors, Mr. Panayotis Thomopoulos, during the Board of Directors session held today, announced the following:

'Honorable Members of the Board of Directors,

Taking into account the current regulatory framework on credit institutions' corporate governance, as well as international best practices, I hereby wish to inform you that I intend to ask from the competent Corporate Governance and Nominations Committee of the Board to implement an appropriate Succession Plan, in accordance also with the Joint Announcement of the Hellenic Financial Stability Fund and the National Bank of Greece dated December 8th 2016, in order for the procedures concerning my succession to be completed on December 31st 2017.

Until that date, I will continue offering my services as Board Chairman, and supporting a smooth succession process in fulfillment of my position by an eligible person that the Board of Directors will select, in accordance with the provisions of the applicable regulatory framework and the Guidelines on Succession of the European Single Supervisory Mechanism.

I would like to take this opportunity to praise the work of the members of the Board of Directors of the National Bank of Greece, and express my appreciation for their contribution in supporting the Greek economy and safeguarding the interests of the Bank's depositors and its shareholders, both in Greece and abroad.'

National Bank of Greece SA published this content on 26 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 April 2017 13:15:09 UTC.

Original documenthttps://www.nbg.gr/en/the-group/press-office/press-releases/board-chairman-announcement

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