Thessaloniki Port Authority S A : Announcement of change of Senior Executives

Thessaloniki Port Authority SA announces the administrative restructuring of the company as follows:

• The establishment of an Executive Committee, as an active Management Authority, which will take important decisions in order to make the Company's operation more flexible, consisting of:

1. The Chairman of the Board of Directors & Chief Executive Officer.
2. The Deputy Chief Executive Officer & Chief Commercial Officer.
3. The Chief Operating Officer.
4. The Chief Financial Officer.
5. The Chief Investment Officer.

• The creation of four (4) General Directorates, to be chaired by General Officers as follows:

1. Deputy Chief Executive Officer & Chief Commercial Officer: Mr. Rui Pinto, who will be in charge of the following Directorates:

- Technical Support Division

- Development Division

- Civil Engineering Studies & Construction Works Division

1. Chief Operating Officer: Mr. Marc Riondel, who will be in charge of the following Directorates:

- Container Terminal Division

- Conventional Cargo Division

1. Chief Financial Officer: Is to be defined in the next period. Until the appointment of the new Chief Financial Officer, his / her duties will be exercised by the current General Manager and Chief Financial Officer, Mr. Asterios Brozos, who will be in charge of the following Directorates:

- Administration Division

- Finance Division

1. Chief Investment Officer: Is to be defined in the next period. The Investment Manager will have the oversight of all the necessary actions for the implementation of the Company's Investment Plans and the Obligatory Investments as defined by the Agreement between the Greek State and ThPA. SA