Eurohold Bulgaria AD

Share Issue/Capital Change • Jun 24, 2021

NEWS RELEASE

Eurohold extends capital hike share subscription deadline to July 7

Sofia, 24 June 2021 - Еurohold Bulgaria, the largest Bulgarian public holding and one of the leading independent financial and insurance groups in Southeastern Europe, extends the deadline for subscription and payment of its new share issue from its ongoing capital increase on the Bulgarian Stock Exchange (BSE) to July 7.

In view of a confirmed participation of global investment funds in the capital increase and a required additional period for transaction processing and settlement, Еurohold's management board decided to extend the deadline for subscribing for new shares by further 8 working days to July 7 from June 25. The decision is taken in accordance with Art. 89l of the Public Offering of Securities Act (POSA) that allows the company to extend the share subscription period by 60 days. The public offering started on June 9.

Еurohold offered for subscription a little over 79 million new ordinary shares - with a par value of BGN 1 and an issue price of BGN 2.50 each. Еurohold has already placed successfully almost the whole rights issue (over 188 million subscription rights) for its ongoing capital hike within the trading period in these rights (June 9-15) and during the auction (June 21) of the remaining unexercised rights that took place on the BSE. If investors subscribe for the whole share issue Еurohold would raise up to EUR 100 million which will be used to finance the acquisition of CEZ Group's subsidiaries in Bulgaria and to invest in the development of the group's two main businesses - energy and insurance.

The Bulgarian investment intermediary Euro-Finance AD is the lead manager of the public offering. The holding appointed Renaissance Capital solely in the capacity of a financial adviser with reference to the offering.

An updated timetable for the public offering of Еurohold:

• Number of shares prior to the increase: 197,525,600
• Number of rights issued: 197,525,600
• Number of shares offered for subscription: 79,010,240
• Nominal value per share: BGN 1.00
• Issuing value per share: BGN 2.50
• Ratio between the rights issued and new shares (rights/share): 5/2
• The capital will be increased if at least 31,604,096 shares will be subscribed to and paid in.
• BSE code assigned to the rights issued: EUB1
• ISIN of the rights issued: BG4000002213
• Starting date of trading in rights on the Exchange: 09.06.2021
• Final date of trading in rights on the Exchange: 15.06.2021
• Starting date of transferring the rights: 09.06.2021
• Final date of transferring the rights: 17.06.2021
• Auction date as per Art. 112b (7) of the POSA: 21.06.2021
• Starting date of subscribing to shares of the increase: 09.06.2021
• Final date of subscribing to shares of the increase: 07.07.2021
• Investment intermediary authorised to administer the capital increase: Euro-Finance AD
• Bank in which a fundraising account has been opened: EUROBANK BULGARIA AD

• The right to subscribe to shares of the increase shall be entitled to all shareholders registered with the Central Depository by 04.06.2021 (Record Date).

• The final date for transacting shares of this company on the Exchange, as a result of which the holder is entitled to take part in the capital increase, has been 02.06.2021 (i.e. Ex Date: 02.06.2021).

Еurohold's prospectus for public offering of securities (a new share issue from a capital increase) as well as the Supplement linked to the same prospectus, in which the corrections in relation with the extended subscription deadline have been added, are available on the web page of the company - HERE.

Eurohold Bulgaria AD

Eurohold Bulgaria is a leading independent business group in the CEE/SEE/CIS region. It is operating in the field of insurance, leasing, car sales, investment services and asset management. Eurohold is listed on the BSE and the WSE. Eurohold owns Euroins Insurance Group (EIG), one of the largest independent insurance groups in the CEE/SEE/CIS region, which operates in 11 countries and has subsidiaries in Bulgaria, Romania, the Republic of North Macedonia, Ukraine, Georgia, Russia and Belarus. EIG also operates in Greece and Poland, and has niche insurance operations in Spain and Italy. Currently the insurance group has more than 4 million clients and over 3000 employees. www.eurohold.bg www.eig.bg