Demetra Holdings Plc

Net Asset Value • Apr 13, 2023

DEMETRA HOLDINGS PLC QUARTERLY REPORT – 31 March 2023

ISSUER / ASSET	SECTOR	MARKET	CATEGORY OF TITLE	NUMBER	BOOK VALUE	TOTAL BOOK	PERCENTAGE OF
				OF TITLES		VALUE	TOTAL ASSETS
					€	€	%
1. Hellenic Bank Public	Financial	Main Market	Shares	88.064.705	211.460.287
Company Ltd	Corporate bonds	Bonds Market	Convertible Securities - HBCS1	23.441	19.690	211.479.977	73.18%
2.Investments in Land and Property Development	Land and Property Development
- in Cyprus		N/A	Other investments	N/A	30.333.295
- in Romania		N/A	Other investments	N/A	10.707.700
- in Bulgaria		N/A	Other investments	N/A	2.206.944	43.247.939	14.97%
3. Logicom Public Ltd	Technology	Main Market	Shares	7.615.937	15.841.149	15.841.149	5.48%
4. Investments in other projects	Other projects	N/A	Other investments	N/A	12.046.680	12.046.680	4.17%
5.Lordos Hotels (Holdings) Public Ltd	Consumer Products	Alternative Market	Shares	5.604.748	3.895.300	3.895.300	1.35%
6. NETinfo Plc	Technology	Alternative Market	Shares	734.895	867.176	867.176	0.30%
7. Bank deposits and cash	N/A	N/A	N/A	N/A	960.559	960.559	0.33%
8. Ermes Department Stores Plc	Consumer Products	Surveillance Market	Shares	2.000.000	59.000	59.000	0.02%
9. Bank of Cyprus Holdings Plc	Financial	Main Market	Shares	1.959	5.093	5.093	0.00%
10. CLR Investment Fund Public Ltd	Financial	Alternative Market	Shares	232.165	697	697	0.00%
TOTAL					288.403.570	288.403.570	99.80%

Total assets €288.990.138

Net asset value per share as at 31 March 2023: €1.3909 (Note)

The fully diluted asset value is not applicable.

The book value of the listed investments was calculated on the basis of the bid price as at 31 March 2023 with the exception of the investment in Hellenic Bank, which is valued on the basis of the net position.

Note: The net asset value per share is calculated by dividing the total net assets (31 March 2023: €278.181.198) by the number of issued shares (200.000.000 shares). The above calculation does not include the profits or losses for the first quarter of 2023 attributable to the Group from the shareholding in Hellenic Bank, as this information is not available.