New Board of Directors of AVAX SA

AVAX SA (the “Company”) announces that following the passing of Konstantine Kouvaras, Alternate Chairman and Executive Director of its Board of Directors (the “Board”), the Board convened on 24.06.2026 and decided not to appoint a substitute member, as per the Corporate Charter and pertinent legislation.

The Board, which now numbers 10 directors, also decided to appoint its members as follows:

1. Christos Joannou, Chairman [executive]
2. Aikaterini Pistioli, Vice Chairman [non executive]
3. Konstantine Mitzalis, Managing Director
4. Konstantine Lysarides, Director [executive]
5. Anthony Mitzalis, Director [executive]
6. Athena Eliades, Director [executive]
7. Christos Siatis, Director [non executive, independent]
8. Michael Hatzipavlou, Director [non executive, independent]
9. Theodora Monohartzi, Director [non executive, independent]
10. Paul Canellopoulos, Director [non executive, independent]

The Board has been elected for a three-year term to 11.06.2027, which may be extended until the Annual General Meeting of shareholders in 2027 is held.

Marousi, June 24, 2026
The Board of Directors