Unifast Finance & Investments Public Company Limited informed investors that Mr. Stavros Petrakides has been appointed as Independent, Non-Executive Director of the Company, in replacement of Mr. Marinos Yialelis, who resigned, as announced by Company on 10 March 2021. Mr. Petrakides will also assume the duties of chairman of the Company's Audit Committee. Mr. Petrakides has been the Managing Director of CHAPS Developers since its incorporation in 2001. He is very well known for his broad knowledge and professional experience and his long- standing involvement with the accounting profession, the provision of financial services and the banking industry. He started his career as an auditor and later worked in the financial services sector. He then entered the banking profession where he served as a credit officer, as a member of the bank's offshore operations unit and as the head of the bank's London factoring unit. His next step was to establish his own financial services company, which he later sold to one of the biggest financial services providers in Cyprus, and to incorporate the CHAPS Developers Group of Companies, where he is still serving as a member of the board.