Establishment of Committees of the Board of Directors

The Societe Anonyme under the name “THRACE PLASTICS HOLDING COMPANY SOCIETE COMMERCIAL ANONYME“ with the distinctive title “THRACE PLASTICS CO S.A.” (called as the “Company” hereafter), in the context of the proper, accurate and timely information of the investors’ community announces that the Board of Directors of the Company, and for the purposes of a substantial, effective and appropriate compliance and harmonization of the Company with the regulations of articles 11 and 12 of Law 4706/2020 (Government Gazette A΄ 136 / 17.07.20201), with the parallel adoption of best corporate governance practices, during its meeting on 22-03-2021 decided the following:

(a) The abolition of the existing Committee for Benefits and Promotion of Nominations (CBPN) and its replacement by the Remuneration and Nomination Committee, which consists of Messrs.:

1) Theodoros Kitsos of Konstantinos, independent non-executive member of the Board of Directors,

2) Nikita Glykas of Ioannis, independent non-executive member of the Board of Directors, and

3) Vassilios Zairopoulos of Stylianos, non-executive member of the Board of Directors.

(b) The establishment of the Strategy and Investment Committee, which consists of Messrs.:

1) Konstantinos Halioris of Stavros, executive member of the Board of Directors,

2) Dimitrios Malamos of Petros, executive member of the Board of Directors, and

3) Vassilios Zairopoulos of Stylianos, non-executive member of the Board of Directors.

(c) The establishment of the Environmental, Social and Corporate Governance [ESG] Committee, which consists of Messrs.:

1) Konstantinos Halioris of Stavros, executive member of the Board of Directors,

2) Theodoros Kitsos of Konstantinos, independent non-executive member of the Board of Directors,

3) Dimitrios Malamos of Petros, executive member of the Board of Directors, and

4) Spyridoula Maltezou of Andreas, independent non-executive member of the Board of Directors.

And finally,

(d) The establishment of the Human Resources Committee, consisting of Messrs.:

1) Konstantinos Halioris of Stavros, executive member of the Board of Directors,

2) Theodoros Kitsos of Konstantinos, independent non-executive member of the Board of Directors,

3) Dimitrios Malamos of Petros, executive member of the Board of Directors,

4) Vassilios Zairopoulos of Stylianos, non-executive member of the Board of Directors, and

5) Christos-Alexis Komninos, of Konstantinos, non-executive member of the Board of Directors.