Intercontinental International REIC announces, according to the provisions of Law 3340/2005 and decision 3/347/12.7.2005 of the Hellenic Capital Market Commission, that in its Meeting held on 16/02/2017, the Board of Directors (BoD) unanimously elected Mr. Giuseppe Giano as a new Independent Non-Executive Board Member in replacement of Mr. George Kontogiorgis. The replacement of the Independent Non-Executive Member of the BoD will be ratified by the Annual General Meeting of Shareholders.