GEK TERNA S.A. announced a change in its Board of Directors following the resignation of Mr. Gagik Apkarian, an Independent Non-Executive Member. The resignation was accepted during a meeting on December 30, 2024, and took effect on December 31, 2024. The company expressed appreciation for Mr. Apkarian's service.

In the same meeting, Mr. Andreas Taprantzis was elected as the new Independent Non-Executive Member to replace Mr. Apkarian until July 1, 2025. This decision followed a recommendation from the Nomination and Remuneration Committee and received unanimous approval from the Board.

Mr. Apkarian did not participate in any committee at the time of his resignation, leaving their composition unchanged. The replacement will be formally announced at the company's next General Meeting.

The reconstitution of the Board reflects these changes.