Louis PLC

Governance Information • Jan 15, 2016

LOUIS

ANNOUNCEMENT

Louis plc – New composition of the Committees of the Corporate Governance Code

Nicosia, 15 January 2016

The Board of Directors of Louis plc has restructured the Committees of the Corporate Governance Code.

The new composition of the Committees of the Board of Directors, with immediate effect, is as follows:

• 1. Audit Committee
• Christos Mavrellis Independent, Non-Executive Chairman
• Olga Eliadou Independent, Non-Executive
• Theodoros Middleton Non-Independent, Non-Executive

2. Remunerations Committee

• Olga Eliadou Independent, Non-Executive Chairman
• Christos Mavrellis Independent, Non-Executive
• Theodoros Middleton Non-Independent, Non-Executive

3. Appointments Committee

• Theodoros Middleton Non-Independent, Non-Executive Chairman
• Olga Loizou Independent, Non-Executive
• Louis Loizou Non-Independent, Executive

4. Risk Management Committee

• Christos Mavrellis Independent, Non-Executive Chairman
• Olga Eliadou Independent, Non-Executive
• Theodoros Middleton Independent, Non-Executive