Election and composition of the Audit Committee of the Company

“JUMBO S.A.” (the Company) announces that following the decision of the Ordinary General Meeting of the Shareholders of the Company, the Board of Directors of the Company during its meeting on 05.07.2023 after its formation into body elected unanimously following relevant discussion the composition of the Audit Committee of the Company in accordance with the provisions of Law 4449/2017, comprising of three independent non-executive members of the Board of Directors. It was noticed that the members fulfil the independency requirements according to article 9 of Law 4706/2020, that all members dispose sufficient knowledge in the fields of activity of the Company and that in addition have sufficient knowledge and experience in the fields of auditing or accounting. They fulfil the requirements of article 44 of Law 4449/2017.
The Audit Committee during its meeting held on 06.07.2023 in accordance with the provisions of article 44 of Law 4449/2017 as in force, the Regulation of the Audit Committee of the Company and the letter of the Directorate of Listed Companies of the Hellenic Capital Market Commission to companies listed in the Athens Stock Exchange under protocol number 1508/17.07.2020 elected unanimously following relevant discussion among its members, Mrs Evanthia Andrianou, as President of the Audit Committee and was formed in a body as follows:
1. Mrs Evanthia Andrianou daughter of George, President of the Audit Committee, Independent Non-executive Member of the Board of Directors of the Company
2. Mr Fotios Tsigkos son of Athanasios, Member of the Audit Committee, Independent Non-executive Member of the Board of Directors of the Company
3. Mr Marios Lasanianos son of Konstantinos, Member of the Audit Committee, Independent Non-executive Member of the Board of Directors of the Company
It is clarified that at the Ordinary General Meeting of the Shareholders of the Company held on 05.07.2023, it was decided that the Audit Committee is a committee of the Board of Directors of the Company and will have a two-year term of office and will follow the term of office of the Board of Directors (i.e. until 05.07.2025), with an extension until the first Ordinary General Meeting of the Shareholders of the Company, after the expiration of its term of office, such extension not exceeding three years.