ANNOUNCEMENT OF CHANGE IN THE COMPOSITION OF THE BOARD OF DIRECTORS

The Company “EUROPEAN RELIANCE GENERAL INSURANCE Co. S.A.'' (the Company) informs according to article 6 §1 of Law 3340/2005, article 2 §e' of the decision 3/347/12.7.2005 of the Capital Market Commission and the Regulation of the Athens Stock Exchange, as well as Law 3016/2002 on Corporate Governance, the election of three non-executive members of the Board of Directors to replace the resigned members.

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