The company "Folli-Follie SA" announces to the investing public that Mr. Giorgos Alavanos, Head of the Group's Accounting Department, left the company on August 31st, 2018.

Mr. Alavanos has worked for the company for 24 years and has been a valuable partner throughout his career.

Mr Alavanos will remain at the disposal of the company for the transitional phase until the end of the year.

Mr Alavanos duties have been taken over with immediate effect by Mr. Epaminondas Chandros. Mr. Chandros who joined the company recently, holds a degree in Accounting & Finance and holds a postgraduate degree in Internal Audit & Management from the Cass Business School of London.

He has many years of experience as Financial Controller and Audit / Compliance Director in large multinational and Greek companies.