Ote Ads Regulatory News (OTES)

Athens, January 18, 2017 - The Hellenic Telecommunications Organization S.A. (OTE S.A. or the Company), announces that the Company's Board of Directors, elected yesterday as a new, non-executive member Mr. Srini Gopalan, in replacement of the resigned non-executive member Mrs. Claudia Nemat, for the rest of her tenure, namely until the Ordinary General Assembly of Shareholders to be held in the year 2018.

CV of Mr. Srini Gopalan 

Since January 2017 Mr. Srini Gopalan is a member of the Board of Management of Deutsche Telekom AG. He is responsible for the Board Area Europe. Prior to his current position Mr. Gopalan was Consumer Director India at Bharti Airtel Ltd. where he was responsible for the consumer business in 23 different regions of India, which covered broadband connections and satellite TV in addition to mobile communications. His work focused on generating USPs through innovative offerings, which helped differentiate Airtel in a highly price sensitive market. Before joining Bharti Airtel, Srini Gopalan worked in the UK for over ten years - at first in a number of functions for Capital One, an American financial services provider, which he left as Managing Director UK in 2009. He then worked as Chief Marketing Officer at T-Mobile UK, where he was responsible for marketing and sales. He was part of the management team that led T-Mobile UK to the joint venture with Orange, Everything-Everywhere. After this, he served as Director Consumer Business Unit at Vodafone UK for three years. Srini Gopalan studied Business Administration at the renowned St. Stephen's College in New Delhi and later earned his MBA at IIM Ahmedabad, India's leading business school.

The announcement is issued as a Regulated Information, in accordance with Law 3556/2007, [article 3, par. 1 (k) and article 21] and Regulation No 596/2014 of the European Parliament and of the Council on market abuse.

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