<p> Panagiotis Vroustouris, CPA.</p><p>Panagiotis Vroustouris, CPA</p><p>I. PERSONAL INFORMATION</p><p>Date of Birth: 12 August 1959 Marital Status: Married (1 Child) Nationality: Greek Contact Information: Business Address: 388 Ethikis Antistaseos 9-11 Chalandri, 152 32, Athens, Greece Tel: (+30) 210-6004793, Fax: (+30) 210-6004723, GSM: (+30) 6945100518, E-mail: [email protected] Languages: Greek (Native) & English Core Competencies: Significant professional experience & extensive knowledge regarding audit & assurance and consulting & financial advisory as well as related legislation (IFRS, IAS & Greek GAP), enhanced client relationship management skills, effective team leader, excellent communication skills, solid project & people management skills, computer literate. </p><p>II. PROFESSIONAL EXPERIENCE</p><p>06/2009 – Present: ECOVIS HELLAS SA – Audit & Assurance Department Position: CFO and Chairman of the Board of Directors/Equity Partner Summary: Major responsibilities include the following: . Attending to client’s needs and assuring the provision of high quality value added services aiming to customer satisfaction and retention, as well as constantly seeking to expand business . Partner in charge of the Firms’ Management Consulting & Financial Advisory functions . Overall responsibility for the IFRS activities of the Firm . Provision of any form of audit services to both listed and non listed Groups & Companies (statutory audit, financial due diligence, special audit, etc) . Issuance of all kinds of auditor’s reports . Provision of any form of Management Consulting & Financial Advisory services (PPA’s, Impairments, M&A’s, Valuations, Business Plans, Liquidations, etc) . Provision of audit risk & business risk assessments . Provision of assistance to clients’ regarding complex accounting issues & provision of related professional advisory services . Management of & guidance provision to the human resources as well as supervision regarding human resources major issues (recruiting, training, evaluation, etc) Major Clients (ECOVIS): AEGEAN AIRLINES (LISTED), AUTOHELLAS ATEE (REPRESENTATIVE OF HERTZ-LISTED), GENERAL COMMERCIAL & INDUSTRIAL SA (LISTED), P. PETROPOULOS ABEE (LISTED), PASAL DEVELOPMENT (REAL ESTATE-LISTED), IDEAL GROUP SA (REPRESENTATIVE OF TOSHIBA-LISTED), O.A.E.E. (SOCIAL SECURITY FUND - 850.000 INSURED FREE LANCERS), NESTLE HELLAS SA (CONSULTING), KARELIA TOBACO SA (CONSULTING), FRIESLAND HELLAS SA (CONSULTING), EUROPEAN RELIANCE SA [INSURANCE-LISTED (CONSULTING)]. </p><p>Page 1 of 3 Panagiotis Vroustouris, CPA.</p><p>05/2009 – 12/1984: SOL S.A. – Audit & Assurance Department Position: Equity Partner from 1996, and member of the Board of Directors for the period 2005-2007 Summary: Major responsibilities include the following: . Attending to client’s needs and assuring the provision of high quality value added services aiming to customer satisfaction and retention, as well as constantly seeking to expand business . Partner in charge of the Firms’ Management Consulting & Financial Advisory functions . Overall responsibility for the IFRS activities of the Firm . Provision of any form of audit services to both listed and non listed Groups & Companies (statutory audit, financial due diligence, special audit, etc) . Issuance of all kinds of auditor’s reports . Provision of any form of Management Consulting & Financial Advisory services (PPA’s, Impairments, M&A’s, Valuations, Business Plans, Liquidations, etc) . Provision of audit risk & business risk assessments . Provision of assistance to clients’ regarding complex accounting issues & provision of related professional advisory services</p><p>III. ACADEMIC & PROFESSIONAL QUALIFICATIONS</p><p>2004-Present Member of the Greek Accounting Standards Board (Appointed by the Minister of Finance and Economics)</p><p>2005:2008 Member of the Oversight Board of the Greek Certified Auditors (Elected by the General Assembly of the Auditors) </p><p>2009-2011 Member of the Scientific Board of the Greek Certified Auditors (Elected by the General Assembly of the Auditors) </p><p>2004:2007 Representative of Greece in Accounting Regulatory Committee (ARC) and European Financial Reporting Advisory Group (EFRAG) (Appointed by the Minister of Finance and Economics)</p><p>2004:2005 Member of the Translation Committee of IFRSs in to Greek Language (Appointed by the Minister of Finance and Economics)</p><p>2009:2010 Member of the Translation Committee of ISAs in to Greek Language (Appointed by the Greek Accounting and Auditing Oversight Board </p><p>2005:2008 Introducer of the Bill concerning the adoption by the Greek Company Law of the European Union Law (Directive 65 - Fair Values of Financial Instruments, Directive 51 – The Modernization of Accounting Directives, New 8th Directive - Audits of Annual Accounts). (Appointed by the Minister of Finance and Economics)</p><p>2006-Ppresent Member of the Committee regarding the determination of profit rate of companies subject to the provisions of Law 89/1967 "On establishment in Greece of Foreign Commercial and Industrial Companies" (Appointed by the Minister of Finance and Economics)</p><p>Page 2 of 3 Panagiotis Vroustouris, CPA.</p><p>1996: License of Certified Auditor / Accountant (CPA)</p><p>1978 – 1982: UNIVERSITY OF PIRAEUS, PIRAEUS, Greece. Bachelor in Business Administration </p><p>IV. MEMBERSHIPS / AFFILIATIONS:</p><p>Member of the Institute of Certified Public Accountants of Greece Member of the Greek Economic Chamber</p><p>V. BOOKS AND OTHER PUBLICATIONS </p><p>Greek CPA Institute: “International Accounting Standards and Interpretations (Practical Analysis and Interpretation with Examples of Application)”</p><p>Greek CPA Institute: “Analysis of International Accounting Standards: IAS 39 -32 about "Financial Instruments" and IAS 12 about "Income Taxes"”</p><p>International Forum: “International Financial Reporting Standards, the Theory and Practical Application of IFRS in a Simple and Understandable Language” </p><p>Magazine ENTERPRISE and Newspaper NAYTEMPORIKI: Various articles in relation to IFRSs issues.</p><p>Page 3 of 3</p>