Ellinas Finance Public Company LTD

Share Issue/Capital Change • Mar 27, 2025

March 27, 2025

Cyprus Stock Exchange Nicosia

ANNOUNCEMENT

Subject: Decision of the Board of Directors of Ellinas Finance Public Company Limited (the "Company") to proceed with the second issue of part of the Series E Bond (ELFB29) and disperse of 1,250 Bonds of the Company, of a total value of €1,250,000

The Board of Directors of the Company at its meeting and further to its decision dated April 25, 2024 decided the following:

1. Issue of the second tranche of the Series E Bond (ELFB29) and disperse of 1,250 nonconvertible, redeemable, secured 5-year Bonds with a total value of €1,250,000 in accordance with the Terms and Conditions of the Trust Agreement, dated May 8, 2024 (the "Series E Bond"), aiming to increase the Company's capital.

The Series E Bond (ELFB29) has the following characteristics:

• Issue amount of second tranche: €1,250,000
• Type of Bond: secured, non-convertible, redeemable
• Annual interest rate: 5%
• Duration: 5 years
• Number of second issue Bonds: 1,250
• Nominal value: €1,000 per unit
• Release Date: May 28, 2024
• Expiration date: May 28, 2029
• Interest payment: year-on-year on 28 May

The offer of the Series E Bonds (ELFB29) was addressed to a limited number of persons (less than 150) through a private placement at the sole discretion of the Company's Board of Directors.

With the issuance of the Additional Bonds, the total number of Bonds issued amounts to 2,655 Bonds with a total value of €2,655,000.

The Board of Directors will take all necessary steps for the listing and incorporation of the additional Series E Bonds (ELFB29) into the Company's already listed Bonds in the Bond Market of the Newly Emerging Market Companies of the Cyprus Stock Exchange.

Sincerely,

Constantinos Servos, Compliance Officer

CC: Cyprus Securities and Exchange Commission