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Corporate Governance Code

The General Assembly of the sole shareholder adopts the Internal Rules of Procedure ("Rules of Procedure") which regulate the operation of the Corporation and its direct subsidiaries, apart from the HFSF, based on best international practices and OECD guidelines.

The Rules of Procedure include in particular the following:

 

● Corporate governance;

● Code of Conduct, conflict of interests and confidentiality obligations of the members of the Supervisory Board, the members of the Board of Directors of the Corporation and its direct subsidiaries, excluding the c) Financial Stability Fund, as well as the experts and other advisors who are recruited or employed;

● Accounting standards;

● Any specific duties assigned to non-executive members of the Board of Directors;

● Rules regarding contract award and procurement;

● Investment and risk management policy;

● Dividend policy.

Pursuant to article 189, paragraph 2 of Law 4389/2016, until the Rules of Procedure are adopted, the General Assembly of the sole shareholder, on a proposal of the Supervisory Board, may take specific decisions regulating one or more of the above matters. The Rules of Procedure of the Corporation shall be amended by decision of the General Assembly of the sole shareholder, on a proposal of the Board of Directors which shall be approved by the Supervisory Board.