Dimand S.A.

M&A Activity • Apr 11, 2025

Maroussi, April 11, 2025

Announcement of Regulated Information pursuant to Law 3556/2007

DIMAND S.A. – Agreement for the acquisition of properties in Attica and Crete

DIMAND S.A. (the "Company" or "Dimand") hereby informs investors in accordance with the provisions of Law 3556/2007 (article 3, par. 1 exhibit 16 (bb) and article 21), Regulation (EU) No 596/2014 of the European Parliament and the Council on market abuse, and the Athens Exchange Regulation, each as applicable, that, on 11.04.2025 DIMAND agreed with ELLAKTOR S.A. and REDS S.A. the acquisition, subject to conditions, by companies of DIMAND Group, of properties located in Attica and Crete (the Transaction) as follows:

• 1) The acquisition of 100% of the share capital of the companies KANTZA EMPORIKI S.M.S.A., (sole shareholder REDS S.A.), and ΚΑΝΤΖΑ S.M.S.A. ANAPTYXIS DIACHEIRISIS KAI EKMETALLEUSIS AKINITON, (with sole shareholder ELLAKTOR S.A.), owners of landplots, of a total area of c. 319 thousand sq.m., located at Camba Estate, Municipalities of Paiania and Pallini, Atiica (with a buildable area of 90 thousand sq.m. of mixed use buildings, out of which c. 3.6 thousand sq.m. relate to existing listed buildings)
• 2) The acquisition of 100% of the share capital of the company GOURNES ANAPTYXI KAI DIACHEIRISI AKINITON S.M.S.A., ( sole shareholder REDS S.A.), owner of a landplot, of a total area of 346 thousand sq.m., located in Gournes, Municipality of Hersonissos, Heraklion, Crete (with a buildable area of c. 60 thousand sq.m. of hospitality buildings)
• 3) The acquisition of a landplot of a total area of c. 4.4 thousand sq.m. (with a buildable area of c. 1.8 thousand sq.m. of residential buildings) and of a landplot of a total area of c. 1.3 thousand sq.m. with a listed residence of 0.7 thousand sq.m.. The two landplots are located in the area of Trigono Cambas, Municipality of Pallini, Attica.

The final total consideration for the Transaction will be determined on the date of the transfer of the shares of the companies under 1) and 2) above and the agreed price for the properties amounts to €85.6 million, out of which €4.3 million were paid on the day of the signing of the agreements, while the remaining amount will be paid on the date of the completion of the Transaction.

The consideration for the acquisition of the companies will be determined based on the financial position of the companies at the completion of the Transaction using the adjusted net asset value method.

In accordance with the terms of the relevant agreements, the completion of the Transaction is subject to customary conditions precedent, including, indicatively, fulfillment of property and company related prerequisites. The Transaction is estimated to be completed by 31.07.2025 (the Long Stop Date) or at a later date subject to mutual written agreement between the parties.

It is also noted that the Transaction will be financed through a combination of equity and debt, which the Group has secured from Greek banks.

This announcement is published by the Company in accordance with the Market Abuse Regulation (EU) 596/2014 ("MAR Regulation") and contains information that falls under the concept of privileged information for the purposes of Article 7 of the MAR Regulation. For the purposes of the MAR Regulation and article 2 of the Executive Regulation (EU) 2016/1055 of the Commission, the person responsible for the publication of this announcement on behalf of the Company, is Mrs Electra Demi, the Company's Investor Relations and Corporate Announcements Officer (tel. +30 210 8774200, e-mail: ir@dimand.gr).