The number of the Board members is defined by the General Meeting, according to the provisions of the Company’s Articles of Association. The current Board of Directors consists of 9 (nine) members, 5 (five) of the Board members are non-executive, while 3 (three) of the non-executive members are also independent members.
The Board of Directors has the powers, responsibilities, and duties that are provisioned by Law, the General Shareholders’ Meeting, and the Company’s Articles of Association. Within the aforementioned framework, the Board of Directors is the agency that exercises the management of company.
Compiles the non-financial statement that is included in the BoD management report to the General Meeting containing information on environmental, social and labor issues, the respect of human rights and the fight against corruption.
In the context of the above authorities and responsibilities, the Board of Directors acts collectively and the relevant decisions are made by all the Board members, regardless of their capacity as executive, non-executive or independent.
According to the Company’s Articles of Association, the Board of Directors may assign, by means of a relevant decision, rights and authorities that relate to the administration, management and representation of the company to one or more individuals, regardless of whether such individuals are Board members or not.
The manner in which the company is bound and represented is defined by the Board of Directors.