Navios Maritime Acquisition Corp.

Corporate Governance

Pursuant to an exception for foreign private issuers, the Company is not required to comply with the corporate governance practices followed by U.S. companies under the New York Stock Exchange listing standards. However, the Company has voluntarily adopted all of the New York Stock Exchange required practices, except it

(i)

Does not have a compensation committee consisting of independent directors and

(ii)
Does not have a compensation committee charter specifying the purpose and responsibilities of the compensation committee. Instead of a compensation committee, all compensation decisions, to the extent any are required to be made, will be made by a majority of the Company's independent board members.
 

Audit Committee

  • Nikolaos Veraros, Chairman
  • John Koilalous, Member
  • Brigitte Noury, Member

Nominating Committee

  • Brigitte Noury
  • Nikolaos Veraros
  • John Koilalous