Announcement on the Constitution of the Audit Committee into a Body
ELINOIL S.A. announces that, further to the resolution of the Annual General Meeting of Shareholders held on 2nd of July 2026 regarding the election of the members of its Audit Committee, the Audit Committee convened on 3rd of July 2026 for the election of its Chair and its constitution into a body.
At the above meeting, following an unanimous vote, Mr. Michail Oratis, son of Alexandros, was elected Chair of the Audit Committee, and the Audit Committee was constituted as follows:
- Michail Oratis, son of Alexandros, non-member of the Board of Directors (independent third party), Chair of the Audit Committee.
- Vasiliki Iliopoulou, daughter of Ioannis, non-member of the Board of Directors (independent third party), Member of the Audit Committee.
- Evangelos Lampropoulos, son of Georgios, non-member of the Board of Directors (independent third party), Member of the Audit Committee.
It is noted that, in the context of submitting its relevant proposal to the Annual General Meeting of Shareholders held on 2nd of July 2026 regarding the composition of the Audit Committee, the Board of Directors determined that both the Chair and the members of the Audit Committee: (a) possess adequate knowledge of the Company's business sector (Energy); (b) meet the Company's suitability criteria; and (c) fully satisfy the independence requirements and criteria set out under the applicable regulatory framework, and in particular Article 9, paragraphs 1 and 2, of Law 4706/2020.
Furthermore, in accordance with Article 44, paragraph 1, of Law 4449/2017, as in force, at least one of the proposed members, namely Ms. Vasiliki Iliopoulou, possesses proven adequate knowledge and expertise in accounting and auditing, having served as General Director of Tax Administration at the Independent Authority for Public Revenue (IAPR). This member shall mandatorily attend the meetings of the Audit Committee concerning the approval of the Company's financial statements.
The curricula vitae of the above members are available on the Company's website at www.elin.gr.
Kifissia, 30 July 2026