New Board of Directors Composition

LAMDA Development S.A. announces that Mr. Spiridon Theodoropoulos, has resigned, from the Company’s Board of Directors, in which he participated as a member. The new composition of the Board of Directors has as follows:

- Peter Kalantzis, Chairman, non executive member

- Evangelos Chronis, Vice Chairman, non executive member

- Odysseas Athanasiou, Chief Executive Officer, executive member

- Fotios Antonatos, non executive member

- Emmanuel Leonard Bussetil, non executive member

- George Gerardos, independent non executive member

- Theodora Zervou, non executive member

- Ulysses Kyriacopoulos, independent non executive member

- Achilleas Konstantakopoulos, independent non executive member

- Dimitrios Papalexopoulos, independent non executive member