Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland) i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Bank of Cyprus Holdings PLC

2. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

[ x ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

City and country of registered office (if applicable):

Helikon Investments Limited

London, United Kingdom

4. Full name of shareholder(s) (if different from 3.)^v :

Helikon Long Short Equity Fund Master ICAV

5. Date on which the threshold was crossed or reachedvi:

2 nd September 2024

6. Date on which issuer notified:

5 th September 2024

7. Threshold(s) that is/are crossed or reached:

Below 4%

8. Total positions of person(s) subject to the notification obligation:

	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached		3.9811%	3.9811%	443,894,907

Position of previous notification (if	4.0412%	4.0412%
applicable)

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of shares	Number of voting rightsix		% of voting rights
ISIN code (if possible)	Direct	Indirect	Direct	Indirect



SUBTOTAL A

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial Expiration datex instrument	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights



	SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
Cash-settled Equity Swap	24/04/2025	24/04/2025	Cash	2,935,886	0.6614%
Cash-settled Equity Swap	02/07/2027	02/07/2027	Cash	504,641	0.1137%

Cash-settled Equity Swap	30/01/2026	30/01/2026	Cash	14,231,213	3.206%
			SUBTOTAL B.2	17,671,740	3.9811%

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[x] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Helikon Long Short Equity Fund Master ICAV	3.9811%	3.9811%

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

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