HFSF’s refutation on Thomopoulos’ resignation

Regarding press reports indicating that the Hellenic Financial Stability Fund (ΗFSF) has requested the resignation of Mr. Α. Thomopoulos, Piraeus Bank CEO, the Fund denies that there has been such a request.

It is also clarified that under the provisions of its founding law and as stipulated in
the Memorandum of Understanding (MoU), the HFSF has initiated the assessment of
the Boards of Directors of the systemic banks. The evaluation will be conducted with
the support of an international advisor of recognized experience during the period
February – June 2016.

Announcement