Louis: Appointment of E. Christodoulou – BoD composition – Revision of committees

0043/00038373/en

Change of composition of the directors / senior directors (Resignation/ Appointment)

LOUIS PLC

LUI

Announcement Louis plc

Please see attached.

Attachments:

• 1. LOUIS - Announcement

• 2. LOUIS - Form

Regulated

Publication Date: 30/03/2022

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

THE CYPRUS STOCK EXCHANGE LAW OF 2007

Notification of appointment, resignation, or movement to the position of President or member of Board of Directors, the General Manager, the Financial Controller, the

Auditor, or Head of Accounting Department according to Article 135 (2)

Name of Issuer:	LOUIS PLC
Submitted by:	Costas Hadjimarkos, Secretary
Address:	11, Lemesou Str, 2112 Nicosia, Cyprus
To the Cyprus Stock Exchange Council

Name

Position

Date of ResignationINFORMATION CONCERNING NEW OFFICER

Name

Evgenia Christodoulou

Position of Member - Independence (e.g. Member, Non Executive - Independent)	Profession
Independent - Non-Executive Director	Economist & Chartered Accountant

Date of

Appointment

24/03/2022

SECURITIES OWNED DIRECTLY

DESCRIPTION OF SECURITIES

NUMBER OF SECURITIESSECURITIES OWNED THROUGH ASSOCIATED PERSONS [Article 137(4)]

NAME

RELATION

(sgd)

24/03/2022

Signature

Date

Note: (1) This statement should be announced to the Cyprus Stock Exchange Council at 71-73 Lordou Vironos Avenue, 1096 Nicosia, P.O. Box 25427, 1309 Nicosia, CYPRUS, Τel [phone] Fax [phone] e-mail:[e-mail]. cy, within 24 hrs and 1 hr before the commencement of the next trading session from the day it was decided the resignation or the appointment according to Article 135(2) of the Law of 2007. According to Article 137(4) of the Law of 2005, associated persons are considered (a) the spouse and blood relatives up to the first degree, (b) companies in which any of the persons referred to Article 135(2) hold either directly or indirectly at least 20% of the voting rights.