Vassiliko Cement Works Public Company Ltd. at the Annual General Meeting held on May 19, 2022, announced that the Member of the Board of Directors, Mr. Antonios Katsifos retired from his position and the Shareholders' General Meeting elected as Director Mr. Mihail Polendakov (Non – Executive Director), who was proposed by the Board of Directors for election, in order to fill the vacancy which occurred due to the retirement of Mr. Antonios Katsifos. In 2011 Mr. Mihail Polendakov took a role as General Director of Heidelberg Cement Russia and had worked there for 11 years until May 2022. In May 2022 he became General Manager of Heidelberg Cement for Bulgaria, Greece and Albania.