Corporate law related measures adopted due to COVID-19

Further to the introduction of the specific provisions for the holding of General Meetings through teleconference, the Greek Government expanded this measure to Board of Directors meetings as well, due to safety reasons following the COVID-19 epidemic. In particular, as of 31.03.2020 and until 30.06.2020 the Board of Directors of all private sector legal entities may convene and resolve through teleconference, circular resolutions or any other convenient way. In such cases, the signatures of the members of the Board of Directors may be replaced by e-mail exchange or other electronic media.