Kri-kri Milk Industry S.a.ATHEX: KRI

Election of a New Board of Directors & BoD Committees (ANNOUNCEMENT new BoD)

· Issued by Kri-kri Milk Industry S.A.

ANNOUNCEMENT OF THE COMPANY "KRI KRI SA MILK INDUSTRY"

Reg. No 113772252000

The Company "KRI-KRI SA MILK INDUSTRY", with Reg. No 113772252000 (hereinafter referred to as the "Company"), in accordance with the relevant provisions of the Regulation on Market Abuse (EU) 596/2014 (MAR) and the Athens Stock Exchange Regulation, informs the investing community for the following:

  1. Election of a new Board of Directors & Constitution of it into a Body

    In the context of the 1stitem of the Agenda of the Extraordinary General Meeting of the Shareholders which took place on Tuesday 07.04.2026, at 13:00, at the Company's headquarters in Serres, the Extraordinary General Meeting of the Shareholders elected a new seven-member Board of Directors with a term until 30.06.2027. The Board of Directors term may be automatically extended until the end of the deadline, within which the next Annual General Meeting of the year 2027 must be convened and until the relevant decision is made. The new Board of Directors consists of the following members:

    • Panagiotis Tsinavos

    • Georgios Kotsambasis

    • Georgios Tsinavos

    • Anastasios Moudios

    • Aikaterini Nendou

    • Maria Anastasiadou - Savvaidou

    • Charalampos Pezoulas

      Furthermore, the above-mentioned Extraordinary General Meeting of the Shareholders elected as independent non-executive members of the Board of Directors, within the meaning of article 9, par. 1 and 2 of Law 4706/2020 the following members of the Board of Directors:

    • Anastasios Moudios

    • Aikaterini Nendou

    • Maria Anastasiadou - Savvaidou

      The Extraordinary General Meeting of the Shareholders, prior to the election of the above new Board of Directors and the appointment of its independent non-executive members, confirmed that the individual and collective suitability criteria of the members of the new Board of Directors are met, in

      accordance with article 3 of Law 4706/2020 and the Suitability Policy and, where applicable, their independence, in accordance with article 9 par. 1 and 2 of Law 4706/2020, that there is no obstacle of incompatibility, in accordance with article 3 par. 4 of Law 4706/2020, that there is sufficient representation by gender at a minimum percentage of 33% of its members, with the resulting fraction being rounded to the immediately preceding integer, as well as that the conditions of article 5 of Law are met. 4706/2020, which is relating to the legal composition of the Board of Directors.

      Following the above, the Board of Directors was constituted into a body at its meeting on 08.04.2026, as follows:

      1. Panagiotis Tsinavos, President of the Board of Directors & CEO.

      2. Georgios Kotsambasis, Non-Executive Member & Vice-President of the Board of Directors

      3. Georgios Tsinavos, Executive Member and Deputy CEO.

      4. Anastasios Moudios, Independent Non-Executive Member.

      5. Aikaterini Nendou, Independent Non-Executive Member.

      6. Maria Anastasiadou - Savvaidou, Independent Non-Executive Member.

      7. Charalampos Pezoulas, Non-Executive Member.

  2. Election of a new Audit Committee and appointment of members & Chairman of the Audit Committee

    The Board of Directors, at its meeting on 08.04.2026, appointed as members of the Audit Committee the independent non-executive members of the Board of Directors, Mr. Anastasios Moudios, Mrs Maria Anastasiadou - Savvaidou and the non-executive member Mr. Georgios Kotsambasis. Both the Board of Directors and the Extraordinary General Meeting of the Shareholders has verified that Mr. Anastasios Moudios and Mrs Maria Anastasiadou - Savvaidou both meet the independence criteria of Article 9 par. 1 and 2 of Law 4706/2020. Moreover, the Board of Directors has verified that all members of the Audit Committee meet the conditions of article 44 of Law 4449/2017 and the suitability criteria.

    The Audit Committee was constituted into a body as follows, appointing its member and Independent Non-Executive Member of the Company's Board of Directors, Mr. Anastasios Moudios, as its Chairman.

    Thus, the Company's Audit Committee consists of the following:

    1. Anastasios Moudios, Chairman

    2. Maria Anastasiadou - Savvaidou, Member

    3. Georgios Kotsambasis, Member

    It is noted that the above-mentioned members of the Audit Committee and the Audit Committee as a body meet the requirements of Article 44 of Law 4449/2017 and Article 10 of Law 4706/2020.

  3. Appointment of a new Remuneration and Nominations Committee

The Board of Directors, at its meeting on 08.04.2026, appointed as members of Remuneration and Nomination Committee the Independent Non-Executive Members of the Board of Directors, Mr. Anastasios Moudios and Mrs Maria Anastasiadou-Savvaidou and the Non-Executive Member Mr. Charalampos Pezoulas. Both the Board of Directors and the Extraordinary General Meeting of the Shareholders has verified that Mr. Anastasios Moudios and Mrs Maria Anastasiadou - Savvaidou both meet the independence criteria of Article 9 par. 1 and 2 of Law 4706/2020. Moreover, the Board of Directors has verified that all members of the Remuneration and Nomination Committee meet the conditions of Articles 10, 11 and 12 of Law 4706/2020 and the suitability criteria. Thus, the legal composition of the Remuneration and Nomination Committee was established in accordance with the provisions of Articles 10, 11, and 12 of Law 4706/2020.

Furthermore, during its meeting on 08.04.2026, the Remuneration and Nomination Committee was constituted into a body, appointing its member and Independent Non-Executive Member of the Company's Board of Directors, Mr. Anastasios Moudios, as its Chairman.

Thus, the Company's Remuneration and Nomination Committee consists of the following:

  1. Anastasios Moudios, Chairman

  2. Maria Anastasiadou - Savvaidou, Member

  3. Charalampos Pezoulas, Member

Serres, 08thof April 2026 The Board of Directors