Marfin Investment Group S.A.

Earnings Release • Nov 3, 2025

03 November 2025

ANNOUNCEMENT

Key financial figures of the 3rd quarter 2025

• Consolidated income from investment properties amounted to € 3.1 million in the 3rd quarter of 2025 and € 8.3 million in the nine‐month period of 2025, compared to € 2.4 million and € 7.3 million in the respective periods of 2024, increased by 29.9% and 14.8% respectively.
• Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to profit € 718 thousand in the 3rd quarter of 2025 and € 1.6 million in the nine‐month period of 2025, compared to profit € 358 thousand and € 1 million in the respective periods of 2024, presenting a significant increase of 100.6% and 60.1% respectively.
• Income from portfolio asset management amounted to € 1.1 million in the nine‐month period of 2025 compared to € 846 thousand in the respective period of 2024, i.e. increased by 28%. The return on the equity portfolio for the nine‐month period of 2025 came up to 15.9% and on the fixed income portfolio to 6.7%.
• Consolidated Equity amounted to € 131.6 million compared to € 128.5 million in 2024. The consolidated book value per share as of 30/09/2025 amounted to € 4.19 per share.
• Consolidated profit after tax for the 3rd quarter of 2025 amounted to € 3.1 million compared to profit of € 31 thousand in the respective period of 2024. Excluding gains from the fair value adjustment and the sale of investment properties of RKB amounting to € 2.6 million in the 3rd quarter of 2025 and € 150 thousand in the respective period of 2024, consolidated results amount to profit of € 501 thousand in the 3rd quarter of 2025 compared to loss of € 119 thousand in the respective period of 2024. Profit after tax for the nine‐month period of 2025 amounted to € 3.1 million compared to profit of € 5.2 million in the respective period of 2024. Excluding the aforementioned gains from the fair value adjustment and sale of investment properties as well as the extraordinary gains of € 5.8 million arising from the restructuring of RKB's bank borrowing during the first half of 2024, consolidated profit after tax amounts to € 439 thousand in the nine‐ month period of 2025 compared to loss of € 718 thousand in the nine‐month period of 2024.
• The subsidiary company RKB continued the significant improvement of its results for one more quarter. In particular, for the 3rd quarter and the nine‐month period of 2025 recorded an increase in total income from investment properties of 30.4% and 14.8% respectively, and a significant improvement of EBITDA by 36.3% and 20.8% respectively. Profit after tax for the 3rd quarter of 2025 amounted to € 3.2 million compared to profit of € 347 thousand in the respective period of 2024. Excluding gains from the fair value adjustment and the sale of investment properties amounting to € 2.6 million in the 3rd quarter of 2025 and € 150 thousand in the respective period of 2024, RKB's profit amounts to € 617 thousand in the 3rd quarter of 2025 compared € 197 thousand in the respective period of 2024 making a significant increase of 213.2%. Profit after tax for the nine‐ month period of 2025 amounted to € 4.1 million compared to profit of € 6.4 million in the respective period of 2024. Excluding the aforementioned gains from the fair value adjustment and sale of

investment properties as well as extraordinary gains of $\leqslant$ 5.8 million arising from the restructuring of RKB's bank borrowing during the first half of 2024, the company's profit amounts to $\leqslant$ 1.4 million in the nine-month period of 2025 and $\leqslant$ 485 thousand in the nine-month period of 2024 making a significant increase of 195.5%.

Summary of consolidated financials
€ thous.	01.07- 30.09.2025	01.07- 30.09.2024	Variation	01.01- 30.09.2025	01.01- 30.09.2024	Variation
Total income from investment properties	3,097	2,385	29.9%	8,328	7,256	14.8%
EBITDA	718	358	100.6%	1,646	1,028	60.1%
Profit after tax	3,132	31		3,072	5,183	-

Key consolidated figures of financial position
€ thous.	30.09.2025	31.12.2024
Total assets	227,819	218,908
Total liabilities	96,238	90,422
Total Equity	131,581	128,486
Book value per share	4.19	4.09

RKB - Summary of key financials
€ thous.	01.07- 30.09.2025	01.07- 30.09.2024	Variation	01.01- 30.09.2025	01.01- 30.09.2024	Variation
Total income from investment properties	3,047	2,337	30.4%	8,178	7,125	14.8%
EBITDA	1,308	960	36.3%	3,476	2,877	20.8%
Profit after tax	3,248	347	-	4,066	6,386	-

Note: The above mentioned financial figures are unaudited.