With the primary goal to protect the rights of all shareholders as well as the interests of stakeholders, the Company has adopted and applies modern corporate governance principles and internationally recognized best practices, which promote responsible operations, transparency, effective control, dissemination of adequate and correct information and are fully harmonized and comply with the current legislative framework.
In this context, the Company has adopted the Greek Corporate Governance Code for listed companies, which has been prepared by the Hellenic Corporate Governance Council (HCGC). The Corporate Governance Code is the cornerstone of the Company’s corporate governance system, an integrated and dynamic system that changes and improves on an ongoing basis, so as to be able to respond to the constantly changing socio-economic environment within which the Company operates.
The competent corporate body for the formulation of the governance strategy, the implementation of governance principles and practices, compliance and their incorporation into the philosophy and daily operations of the Company, is the Board of Directors, which regularly receives information from the elected committees and departments of the Company as well as from the management team, in order to be able to identify and deal in a timely manner, with external and / or internal risks, which may pose a threat to the successful operation of the Company, by taking all necessary decisions and measures.
It is noted that the current Articles of Association of the Company comply with the provisions of Law 4548/2018 and Law 4706/2020 and set in force pursuant to the decision of the General Meeting of the Shareholders dated 27.05.2025.
In addition, the Company has drafted a Regulation of Operation, which was approved by the decision of the Board of Directors dated 29.11.2024, in accordance with the provisions of article 14 of Law 4706/2020.