Cyprus Popular Bank Public Co Ltd announces that the Board of Directors decided to alter the composition of the following Committees as per below:

Audit Committee:  Chris Pavlou – Chairman, Spyros Episkopou, Marios Hadjiyiannakis, Andreas Zachariades – Members

Risk Management Committee:  Nicos Hadjinicolaou – Chairman, Chris Pavlou, Christos Stylianides, Stelios Stylianou, Andreas Trokkos – Members