Profile & Software : Election of a new Member of the Board of Directors to replace a resigned one - Reconstitution of the Board of Directors into body

The Societe Anonyme under the name "PROFILE ANONYMOUS COMMERCIAL AND INDUSTRIAL INFORMATION TECHNOLOGY HOLDING COMPANY" under the distinctive title "PROFILE SYSTEMS & SOFTWARE S.A." (hereinafter referred to, for the sake of brevity, as the ("Company"), informs the investor community, in application of the provisions of the articles 4.1.3.1 and 4.1.3.6 of the Regulations of the Athens Stock Exchange, currently in force, in conjunction with article 17 par. 1 of the Regulations (EU) No. 596/2014 of the European Parliament and of the Council as of April 16^th, 2014, that the Board of Directors of the Company during its meeting on October 21^st, 2022 and following the relevant proposal made by the CompanyΆs respective Remuneration and Nominations Committee, which was developed in accordance with the provisions of articles 82 par. 1 of Law No. 4548/2018, 5 par. 2 of Law No. 4706/2020, as well as article 22 of the CompanyΆs Articles of Association, elected Pascale Valerie Hertzog, FatherΆs Name, Paul Robert Pierre, as a new non-executive member in replacement of the resigned non-executive member Ekaterini Tsoura, FatherΆs Name, Dionysius.

Pascale Valerie Hertzog meets the individual and collective suitability criteria, in accordance with the provisions of article 3 of Law No. 4706/2020, as applicable, and the approved and currently in force Company Policy of Suitability, whilst she does not encounter any legal obstacle or incompatibility of the provisions of the applicable legislative framework on corporate governance, the Greek Corporate Governance Code and its Bylaws applied by the Company, included.

In particular, Pascale Valerie Hertzog holds a BA in Finance and Mathematics from London School of Economics and a Postgraduate Diploma (Master II) from the Institut dΆ Etudes Politiques in Paris in Business Finance and Capital Markets. She is fluent in English and Spanish whilst she has many years of professional experience in Project Management and in Information Systems, mainly, of the Financial Services sector. Since 1993, she has been working in PROFILE GroupΆs subsidiary under the name "LOGIN S.A.", holding the position of Treasury Business Unit Director for the last three years.

Following the election of Pascale Valerie Hertzog, the CompanyΆs Board of Directors is reconstituted into body for the remainder of its term, i.e. until June 24^th, 2026, extended until the end of the period within which the next Ordinary General Assembly must be convened and until the relevant decision is taken, as follows:

1) Charalampos Stasinopoulos, fatherΆs name, Panayiotis, Chairman of the Board of Directors (Executive Member).

2) Spyridon Barbatos, fatherΆs name, Antonios-Ioannis Baptiste, Vice-Chairman of the Board of Directors (Non-Executive Member).

3) Evangelos Angelides, fatherΆs name, Ioannis, Chief Executive Officer (Executive Member of the Board of Directors).

4) Pascale Valerie Hertzog, fatherΆs name, Paul Robert Pierre, Member of the Board of Directors (Non-Executive Member).

5) Aristides Iliopoulos, fatherΆs name Spyridon, Member of the Board of Directors (Non-Executive Member).

6) Antonios Roussos, fatherΆs name, Antonios, Member of the Board of Directors (Non-Executive Independent Member).

7) Emmanuel Tsiritakis, fatherΆs name, Demetrius, Member of the Board of Dirtectors (Non-Executive Independent Member).

The election of the above non-executive member of the Board of Directors will be announced, in accordance with the provisions of the law and the CompanyΆs Articles of Association, at the next General Assembly convened by the CompanyΆs shareholders.

Νea Smyrni, 24October 2022

For "PROFILE SYSTEMS & SOFTWARE Α.Ε."