Reconstitution of the Board of Directors

In accordance with the provisions of article 2, par. 2 (e) of the resolution 3/347/12.07.2005 of the Hellenic Capital Market Commission and of Law 3016/2002, , Piraeus Bank announces that its Board of Directors on its meeting of January 27th, 2016, further to the resignations of its Non – Executive Vice Chairman, Mr N. Christodoulakis and its Independent Non – Executive Member, Mr. S. Golemis and upon recommendation of the Board Nomination Committee, elected Mr. David Hexter father’s name Richard as a new Independent Non – Executive Member for the remaining term of the Board and Messrs Alexander Blades father’s name Zisis and Andreas Schultheis father’s name Willi as Non- Executive Members for the remaining term of the Board.

• Michael Sallas, father’s name Georgios

• Apostolos Tamvakakis, father’s name Stavros

• Stavros Lekkakos, father’s name Michael, Chief Executive Officer
• Charikleia Apalagaki, father’s name Andreas, Authorized Executive Director

• Argyro Athanasiou, father’s name Athanasios, Independent Non – Executive Member
• Eftichios Vassilakis, father’s name Theodoros, Non – Executive Member
• Iakovos Georganas, father’s name Georgios, Non – Executive Member
• Chariton Kyriazis, father’s name Dimitrios, Independent Non – Executive Member
• Petros Pappas, father’s name Alexandros, Independent Non – Executive Member
• Vasileios Fourlis, father’s name Stylianos, Non – Executive Member
• Alexander Blades father’s name Zisis, Non – Executive Member
• David Hexter father’s name Richard, Independent Non – Executive Member
• Andreas Schultheis father’s name Willi, Non – Executive Member

• Aikaterini Beritsi father’s name Konstantinos, HFSF Representative (Law 3864/2010)
• Gerasimos Tsiaparas father’s name Konstantinos, Greek Government Representative (Law 3723/2008)