Avax S.A. — Major Shareholding Notification 2025

Aug 21, 2025

Notice of Regulated Information Announcement of Important Change in Voting Rights, as per Law 3556/2007

In accordance with Law 3556/2007 and article 19 of Regulation (EU) 596/2014, and following the notification dated 20.08.2025 received from Mr Konstantinos Kouvaras, Deputy Chairman and Executive Director of AVAX S.A. (the "Company"), and Cyprus-based company Savetrans Holdings Limited which is controlled by Mr Kouvaras as per Law 3556/2007, Savetrans Holdings Limited transferred on 20.08.2025 to Mr Kouvaras its entire holding of 12,598,955 shares and voting rights in the Company, which correspond to 8.494% of the total number of shares and voting rights of the Company.

Following the share transfer, Mr Kouvaras is in direct control of a total of 12,799,835 shares and voting rights of the Company, which correspond to 8.629% of the total number of shares and voting rights of the Company, whereas he previously controlled 200,880 shares and voting rights (or 0.135% of the total) directly and 12,598,955 shares and voting rights (or 8.494% of the total) indirectly through Savetrans Holdings Limited, while Savetrans Holdings Limited is no longer in direct control of any Company shares and voting rights.

Marousi, August 21, 2025 The Board of Directors

AVAX S. A. t: +30 210 6375000 VAT Registration Nr: 16 Amarousiou - Halandriou Str. f: +30 210 6104380 EL 094183623 151 25 Marousi, Athens - GreeceW: avax.gr