Louis : Announcement Louis plc

LOUIS

ANNOUNCEMENT

Louis plc - Appointment of Evgenia Christodoulou at the Board of Directors

Review of the composition of Corporate Governance Code Committees

Nicosia, 28 March 2022

The Board of Directors of Louis plc has appointed Mrs. Evgenia Christodoulou as Independent Non-Executive Board Director.

Mrs. Evgenia Christodoulou has worked in Bank of Cyprus Co Ltd during the 1994-2013 period. She was inter alia in charge of the Group's Bad Debt Provisions and Provisioning Policy Department, Assistant Manager of Private Banking Unit, Manager of Recoveries Division and Regional Manager of the Network of Shops and SMEs for Larnaka and Famagusta Districts. During the 2014-2019 period, she was Deputy CEO and Business Development Manager at Ancoria Bank Ltd. She was member of the Boards of Directors of Ancoria Bank Ltd and Ancoria Insurance Public Ltd as well as of the Boards of Directors of Semi-Governmental Organisations. Since 2020, she is Managing Director of B2Kapital Cyprus Ltd, member of B2Holding Group.

Academic Qualifications: B.Sc. Economics - The London School of Economics and Political Science, Associate Chartered Accountant (ACA) - Institute of Chartered Accountants in England and Wales, CYSEC Certified Person.

Following the appointment of Mrs. Christodoulou, the composition of the Board of Directors of Louis plc is as follows:

• 1. Costakis Loizou - Chairman

• 2. Iason Perdios - Executive Director

• 3. Louis Loizou - Executive Director

• 4. Theodoros Middleton - Non-Independent, Non-Executive Director

• 5. Christos Mavrellis - Independent, Non-Executive Director

• 6. Christakis Taousianis - Independent, Non-Executive Director

• 7. George Lysiotis - Independent, Non-Executive Director

• 8. Evgenia Christodoulou - Independent, Non-Executive Director

There has also been a review of the composition of the Board of Directors' committees in accordance with the Corporate Governance Code as follows:

1. Audit Committee

2. Remunerations Committee

	Christos Mavrellis	Independent, Non-Executive - Chairperson
	Christakis Taousianis	Independent, Non-Executive
	Evgenia Christodoulou	Independent, Non-Executive
	George Lysiotis	Independent, Non-Executive
Independent, Non-Executive - Chairperson
Independent, Non-Executive

•  George Lysiotis

•  Evgenia Christodoulou

•  Christos Mavrellis

• 3. Appointments Committee

  •  Theodoros Middleton

  •  Louis Loizou

  •  Takis Taousianis

• 4. Risk Management Committee

  •  Takis Taousianis

  •  Christos Mavrellis

  •  Theodoros Middleton

  •  George LysiotisIndependent, Non-ExecutiveNon-Independent, Non-Executive - Chairperson Executive

  Independent, Non-Executive

  Independent, Non-Executive - Chairperson Independent, Non-Executive Non-Independent, Non-Executive Independent, Non-Executive

• 5. Corporate Social Responsibility Committee

	Evgenia Christodoulou	Independent, Non-Executive - Chairperson
	Louis Loizou	Executive
	Theodoros Middleton	Non-Independent, Non-Executive