Committees

Growthfund, recognizing transparency, accountability and the value framework that define corporate responsibility
as obligations, adopts best international practices of supervision and transparency. Given this, the primary objective
of the Audit Committee is to support the Board with regards to the oversight of the financial reporting process, the
Internal Control System, the process of monitoring compliance with laws and regulations, and oversee the Internal
Audit Unit and External Auditor procedures. The Audit Committee consists of three (3) non-executive members
of the Board of Directors with knowledge on accounting and finance. The Audit Committee Chair has auditing and accounting professional experience.
and accounting professional experience.

Operating with modern governance terms, transparency and technocratic criteria, Growthfund ensures the
development of its portfolio companies for the benefit of the society, the economy and the environment. In this
context, the Corporate Governance Committee’s primary objective is to support the Board of Directors on matters
relating to the principles of corporate governance, ensuring that Growthfund has a clear and transparent framework
of corporate governance and management. The Corporate Governance Committee consists of three (3)
non-executive members of the Board of Directors, each of which has sufficient skills and experience to undertake the relevant responsibilities and obligations.

The Risk Committee supports the Board of Directors regarding the supervision of the risk management framework, its
formation and implementation. In addition, it supports the Board of Directors in relation to risk appetite,
dissemination of the risk management framework in its subsidiaries and participations as well as to the monitoring of
risk management best practices implemented by them. Its establishment as a separate board committee took place
in 2021 when its distinct Charter was also decided. The Risk Committee consists of three (3) non-executive members
of the Board of Directors, each of which has sufficient skills and experience to undertake the relevant responsibilities
and obligations.

The Investment Committee supports the Board of Directors in shaping the Company’s investment strategy, determining
priorities [directions and objectives] for investments and supervising investment decisions. The Investment
Committee operates within the framework set by the provisions of the Company’s founding law, as well as in
accordance with what may be specifically provided for in the Investment Policy, which is part of the Company’s
Internal Regulations, and in the Committee’s Charter. The Investment Committee consists of three (3) non-executive
members of the Board of Directors with knowledge on investment issues.

The role of the Candidates Committee is to support the Board of Directors ensuring that both itself and the
Management Committee maintain the appropriate structure, size and balance of skills to support Growthfund’s
strategic objectives. Its objective is to propose to Growthfund’s Board of Directors, candidacies to be appointed as
members to the Boards of Directors of its subsidiaries, where it is required in line with law 4389/2016. The procedure
followed by the Nomination Committee is thoroughly described in the Internal Regulation. The Candidates Committee
consists of five (5) members – two (2) executive and three (3) non-executive members – of the Board of Directors.