Announcement of the Election of the Chairman of the Audit Committee

“LAMDA Development – Holding and Real Estate Development Société Anonyme” (the “Company”) announces to investors, that following the election of the Audit Committee for a three-year term by the Extraordinary General Meeting of the Shareholders dated 22.12.2020 and the appointment of its members, the Audit Committee met on the same day and unanimously appointed Mr. Chariton Kyriazis, as its Chairman, in accordance with the provisions of art. 44, par. 1 (e) of Law 4449/2017, as currently in force and established itself as follows:

1. Chariton Kyriazis, Chairman of the Audit Committee, Non-Executive Member of the Board of Directors of the Company and Independent within the meaning of article 9 par. 1 & 2 of Law 4706/2020, meeting in any case, the criteria of article 4 of Law 3016/2002, as currently in force,
2. Ioannis Zafiriou, Member of the Audit Committee, Non-Executive Member of the Board of Directors of the Company and Independent within the meaning of article 9 par. 1 & 2 of Law 4706/2020, meeting in any case, the criteria of article 4 of Law 3016/2002, as currently in force,
3. Evgenia Paizi, Member of the Audit Committee, Non-Executive Member of the Board of Directors of the Company, and
4. Konstantinos Sfakakis, Member of the Audit Committee, Third Person maintaining no relationship with the Company, Independent within the meaning of article 9 par. 1 & 2 of Law 4706/2020, meeting in any case, the criteria of article 4 of Law 3016/2002, as currently in force.