Audit Committee - Constitution into body
The Company ALPHA TRUST-ANDROMEDA INVESTMENT TRUST S.A. announces that the Extraordinary General Shareholders’ Meeting, which was held on 25.02.2022, decided, amongst others, on the redefinition of the type of the Audit Committee. Specifically, the General Meeting decided the Audit Committee to be an independent committee, consisting of members of the Board of Directors and third parties, the composition of the Audit Committee to be three members and to consist of two (2) members of the Board of Directors, independent non-executive, and one (1) third person, non-member of the Board of Directors, independent. Further, it was decided the re-election of the members of the Audit Committee as follows and with the below mentioning capacities:
- Nikolaos Tzanetos, non-member of the Board of Directors, independent
- Margarita Vlachochristou, member of the Board of Directors, independent non-executive
- Eleni Linardou, member of the Board of Directors, independent non-executive
All members of the Audit Committee meet the requirements of Article 44 of Law 4449/2017, all have adequate knowledge of the sector of financial services and fund management (Financial Services, Fund Management and Custodians) in which the Company operates; one (1) of its members has proven adequate knowledge in the field of accounting, and in particular Mr. Nikolaos Tzanetos, given his many years of experience in finance with the professional capacity of Economist and especially the fact that he held the position of Chief Financial Officer in a financial company, and all members are in a position to implement their duties and obligations.
Furthermore, all members of the Audit Committee are independent of the Company, according to the provisions of par. 1 and 2 of Article 9 of Law 4706.2020, as they do not directly or indirectly hold a percentage of voting rights more than 0.5% of the Company’s share capital and are free from financial, business, family or other dependent relationships, as defined in par. 2 of Article 9 of Law 4706/2020, which can affect their decisions and their independent and objective judgment.
The aforementioned Audit Committee has the same term of office with the Board of Directors, i.e. expires on 23.06.2024, the term of which may be extended until the next Ordinary General Meeting of the Company’s shareholders.
The Audit Committee met on 03.03.2022 and was constituted into body as follows:
- Nikolaos Tzanetos, Chairman of the Audit Committee
- Margarita Vlachochristou, Member of the Audit Committee
- Eleni Linardou, Member of the Audit Committee
Kifissia, March 15, 2022