DEPA S.A.

DEPA S.A. is the company that first imported natural gas in Greece, following the implementation by the same of a substantial energy investment. DEPA with its long standing presence in the Greek energy market consists now a modern and competitive group of companies with a dynamic presence in the energy sector and has a real contribution to the economic development of the Country, the protection of the environment and the improvement of the standard of living of the citizens in the local communities. With continuous gas pipeline extensions and the creation of new regional Gas Supply Companies (EPAs), the DEPA group brings natural gas to more regions in the Country.

DEPA, with its long term gas supply contracts, contributes to the Country's security of supply while developing initiatives for the role of Greece as a transit country to the rest of Europe from countries with abundant gas reserves.

Objectives
DEPA's vision is to further connect the energy future of the Country to the European networks and to support Greece's integration in the energy highways in an era where energy constitutes a decisive factor in the structure of geopolitical balances.

The strategic goals of DEPA aim to:

• Preserve the leading role in a liberalized domestic energy market
• Create and exploit development opportunities in Greece by increasing the penetration rate of natural gas on a national level as well as by assuming a leading role as an energy player in the region

Strategy
DEPA promotes specific strategic initiatives with the objective:

• To provide gas to its customers from diversified sources under competitive prices
• To assume a leading role in the region by developing the necessary infrastructure and by supplying gas to the regional markets
• To create a modern and dynamic organization facing the demands of competition while contributing to the development of an efficient market with "green" characteristics.

Our People
The cornerstone for the achievement of the objectives of DEPA and the promotion of its vision are without doubt its people.

Today the company permanently employs 65 people, all of whom have exceptional academic backgrounds, with proven track records of long term experience and expertise, yet above all with love, faith and devotion to her principles and values.

46% of our staff is women, while 80% of the people of the company are graduates of a tertiary educational institution, with a considerable percentage of them being holders of at least one postgraduate degree.

DEPA, a staunch advocate of the principle that only people can make the difference, is constantly upgrading their management formulae and ensures the appropriate utilization of its people.

It creates dynamic and competent working teams, thus assisting the effectiveness of its employees and enhancing their productivity levels.

It firmly invests in both the professional and personal advancement of its executives, therefore arranging for the educational framework plan to accommodate programmes of continuous training which assists in the further development of their knowledge, talent and skill.

Mainly though, the Company ensures that there is a balanced and safe working environment and encourages productive dialogue and cooperation with personnel, thus attaining a level of mutual good faith and understanding.