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NAFPAKTOS TEXTILE INDUSTRY S.A. informs the investment community that, in accordance with Article 82 para. 1 of Law 4548/2018 and Article 9 para. 1 & 4 of Law 4706/2020, the Company’s Board of Directors, during today’s meeting and taking into account the recommendation of the Remuneration and Nomination Committee, decided:
a) the appointment, until the next General Assembly, of Vasileia Papalymperi as a new Independent Non-Executive Member of the Company’s Board of Directors, replacing the resigned Independent Non-Executive Member, Sotiria Karanikola.
b) the appointment, until the next General Assembly, of Vasileia Papalymperi as a member of the Company’s Audit Committee, replacing the resigned member of the Audit Committee, Sotiria Karanikola.
c) the appointment, until the next General Assembly, of Vasileia Papalymperi as a member of the Remuneration and Nomination Committee, replacing the resigned member of the Committee, Sotiria Karanikola.
Subsequently, the Board of Directors was reconstituted as follows:
- Vasileios Polychronos, Chairman, Executive Member
- Georgios Koutroumanis, Vice Chairman, Independent Non-Executive Member
- Dimitrios Polychronos, Chief Executive Officer (CEO), Executive Member
- Emmanouil Xionis, Executive Member
- Athanasios Skamagkoulis, Non-Executive Member
- Ioanna Charakida, Executive Member
- Vasileia Papalymperi, Independent Non-Executive Member
The duties of Deputy Chairman, in case of absence of the Chairman of the Board, shall be performed by the Company’s Chief Executive Officer.
The term of the Board of Directors expires on 11/07/2027, according to the decision of the General Assembly of the Company’s shareholders dated 11/07/2022. However, it may be extended until the deadline within which the next ordinary General Assembly must convene and until the relevant decision is taken, in accordance with Article 85 of Law 4548/2018, i.e. no later than 10/09/2027.
Mr. Vasileios Polychronos, son of Georgios, Chairman of the Board, and Mr. Dimitrios Polychronos, son of Georgios, Chief Executive Officer, represent and bind the Company fully and individually, each acting alone with their sole signature under the Company’s corporate name, in exercising all powers and authorities provided in its Articles of Association, except for those that cannot be delegated by law.