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In the course of the year 2013 the CSRC convened once (1). The attendances of each member of the Board of
Directors during that year are as follows:
BOD MEMBER
NUMBER OF SESSIONS
DURING THE
MEMBER’S
SERVICE
NUMBER OF
SESSIONS
THAT PARTICIPATED
IN PERSON
NUMBER OF
SESSIONS
THAT PARTICIPATED
THROUGH A
REPRESENTATIVE
Christos Zerefos
1
1
0
Christos Diamantopoulos
0
0
0
Sofia Daskalaki-Mytilineou
1
1
0
Spiros Kasdas
1
1
0
Vivian Bouzali
1
1
0
Fotis Spirakos
1
1
0
Lydia Tsapara
1
1
0
(v) According to the Articles of Association and the Internal Regulation of the Company’s operation, the Board
of Directors has the following basic competences:
• Setting the strategic directions, including the sale or other disposal of the Company’s shares, the acquisition
of any enterprise or the proposal for the merger of the Company with another enterprise, which will then
be submitted for final approval by the General Assembly of the Company’s shareholders.
• Adopting and implementing the general policy on the basis of the recommendations and suggestions made
by the General Managers and the Company’s Managers.
• Managing and disposing the Company’s assets as well as representing the Company judicially or extra-
judicially
• Drafting the Company’s annual budget and business plan, defining and meeting its efficiency objectives,
monitoring the Company’s progress and controlling major capital expenditure.
• Performing a full and effective internal audit of all the Company’s activities.
• Monitoring the effectiveness of corporate governance principles, based on which the Company operates,
and making the necessary changes when needed,
• Defining the strategy and the risk management policy of the Company
