On August 4, 2016 the board of directors of Eurosite Power Inc. nominated and appointed Mr. Stelios Zavvos to the Board of Directors. Mr. Zavvos has over 35 years of corporate and finance experience. He has previously served on the board of the directors of Star Bulk Carriers Corp, where he was a member of the audit committee. He was also the Founder and CEO of Continental American Capital. Due to Mr. Zavvos many years of experience, the board of directors also nominated him and appointed him to the audit committee.