Pursuant to the regulatory requirement for the mandatory rotation of its current External Auditors, Hellenic Bank Public Company Limited (the “Company”) has conducted a competitive tender process to appoint new External Auditors for the Company and its subsidiaries. The relevant tender was overseen by the Audit Committee of the Board of Directors of the Company as well as by the respective Audit Committees of the Board of Directors of its subsidiaries, Pancyprian Insurance Limited and Hellenic Alico Life Insurance Company Limited.
Following this competitive tender process, the Boards of Directors of the Company and of each of its subsidiaries have approved the relevant recommendation for the appointment of Ernst & Young Cyprus Ltd as the External Auditors of Company and its subsidiaries for the Financial Year 2021. This decision remains subject to approval from the Regulatory Authorities and from the shareholders of the Company and its subsidiaries.
HELLENIC BANK PUBLIC COMPANY LIMITED
