(all amounts in Euro thousands)

Key management includes executive committee members.

In May 12, 2017 the Annual General Meeting approved the remuneration of the external auditor during financial year 2017. For the statutory audit of the Company's financial statements, the fees would be up to the amount of €115 thousand and for the statutory audit of consolidated financial statements, up to the amount of €120 thousand. Moreover, the external auditor was appointed by the respective Annual General Meetings as the auditor of 45 Group subsidiaries worldwide. The external auditor also undertook the tax compliance audit of the Company and its subsidiaries in Greece. The total fees for the above services, under the exchange rates prevailing at the time of their appointment, amounted to €1,247 thousand (2016: €1,196 thousand).

In 2017, following prior approval by the Audit Committee, the external auditor provided to the Group additional audit related services and the fees paid amounted to €95 thousand (2016: €29 thousand) and non-audit related services for which the fees paid amounted to €234 thousand (2016: €82 thousand).