Ellaktor S.A. — Earnings Release 2021

Apr 18, 2022

ELLAKTOR SA

General Commercial Registry (G.E.MI) No.: 251501000 (SA. Reg. No 874/06/Β/86/16 25, ERMOU ST, 145 64 KIFISSIA

FIGURES AND INFORMATION FOR THE FISCAL YEAR FROM 1 JANUARY TO 31 DECEMBER 2021

The following details and information, as these arise from the financial statements, aim to provide general information about the financial position and results of ELLAKTOR SA and the ELLAKTOR Group of companies. Therefore, we recommend that before proceeding to any investment or other transaction with the issuer, readers should visit the issuer's website where the financial statements and the certified auditor-accountant's report are posted, as necessary.

ID Card No AE 024387 ID CARD No ΑΚ 638231 ID Card No. AI 099022 DIMOSTHENIS REVELAS ID CARD No. Φ 018383

(149.608) 4.864 (103.932) STATEMENT OF CHANGES IN EQUITY (amounts in €'000) Less: Taxes (29.809) (22.312) (5.262) (3.938) COMPANY Profit/loss after tax (A) (58.397) (171.920) (397) (107.870) GROUP Equity holders of the Parent Company (77.732) (186.699) (397) (107.870) 31/12/2021 31/12/2020 31/12/2021 19.335 14.779 - - 538.267 231.392 Non-controlling interests Total equity at year start (1/1/2021 and 1/1/2020, respectively) 338.303 Other comprehensive income after taxes (B) 18.387 3.171 148 (18) Total comprehensive income after taxes (40.010) (168.749) (249) Total comprehensive income after taxes (A)+(B) (40.010) (168.749) (249) (107.888) Share capital issue 120.528 - 120.528 Equity holders of the Parent Company (66.142) (183.399) (249) (107.888) Expenses for share capital increase (1.207) - (1.207) Non-controlling interests 26.133 14.650 - - Dividends distributed (24.649) (31.205) - Effect of sales, acquisitions and changes in the participation percentage (0,8713) (0,0015) (0,5034) (29.659) (10) - Earnings per share - Basic & diluted (in €) (0,2898) in subsidiaries Profit/(loss) before tax, financing and investment results and Total equity at fiscal year end (31/12/2021 and 31/12/2020, 34.447 68.820 (78.046) 338.303 350.465 total amortisation 164.886 respectively) 363.307 ADDITIONAL FIGURES AND INFORMATION 1. The basic Accounting Principles are same as those applied as at 31.12.2020. 2. The unaudited years for the Group's companies are detailed in Note 43 to the annual financial statements as of 31.12.2021. The parent company ELLAKTOR has been audited for tax purposes in accordance with Law 2238/1994, for the fiscal years 2011, 2012, 2013, and in accordance with Law 4174/2013 for the years 2014 to 2020, and has obtained a from cash flow hedging of €23,990 thousand, income from actuarial profits/(losses) of €321 thousand, income from changes in fair value of financial assets through against wind farm turbines (see note 6 to the annual financial statements of 31.12.2021). other total income of €1,153 thousand and other expenses of €131 thousand, and for the parent company they concern income from actuarial gains/(losses) of €15 thousand and Other Income of €133 thousand. indirect interest in their share capital, and their consolidation method are detailed in note 43 to the annual financial statements of 31.12.2021, and are available on the numbers as of 31.12.2020 amounted to 154 and 5,676 persons respectively. Group's website www.ellaktor.com. The parent Company holds only an indirect stake in consolidated joint ventures via its subsidiaries. 6. Basic earnings/(losses) per share are calculated by dividing the net profit which is attributable to parent company shareholders by the weighted average of ordinary shares 11. In the financial statements of 31.12.2021 have not been incorporated, in relation to those of 31.12.2020, the subsidiaries J/V Π.Κ.TETRAKTYS SA-CONSTRUCTIONS over the period, excluding own equity shares. Diluted earnings per share are calculated by adjusting the weighted average number of ordinary shares outstanding with the effects OF AGRAFA ΕΕ, HELECTOR BULGARIA LTD and YLECTOR DOOEL SKOPJE since they were resolved in 2021. The affiliated companies SOFRANO SA, EVOIKOS VOREAS SA of all potential securities which are convertible into ordinary shares. The stock options held by the Company are the only type of potential security that can be converted into and GEOTHERMIKOS STOXOS II M.A.E.S. were not included in the consolidated financial statements of 31.12.2020 because they were acquired in the first and fourth common shares. quarter of 2021. Also, the affiliated company 3G SA was not consolidated, because it was dissolved within the fourth quarter of 2021. 7. All types of cumulative transactions (inflows and outflows) from the start of the financial year (01.01.2021), as well as the balance of receivables and liabilities for the Group 12. The Extraordinary General Meeting of Shareholders of ELLAKTOR held on 22.04.2021, duly approved the following: (a) reduction of the share capital of the Company and the parent Company at the end of the current fiscal year (31.12.2021) as arising from transactions with related parties within the meaning of IAS 24, are as follows:
by EUR €212,129,282.97 through a reduction of the nominal value of all of its shares from €1.03 to € 0.04 per share, offset by an equivalent amount in losses from previous years and (b) a share capital increase in favour of the existing shareholders of the Company in order to increase capital by up to € 120.5 million, which was completed on 06.08.2021. 13. With regard to the current fiscal year, the results were burdened with a provision for €26.2 million, which was formed due to the adjudication against the foreign joint venture under the name ALYSJ JV-GOLD LINE UNDERGROUND-DOHA (in which the subsidiary AKTOR SA participates with 32%) of an amount of approximately Company Group
\$98.5 million, under a subcontract for the execution of the Gold Line project for the Doha metro, in the State of Qatar (see notes 26 of the annual financial statements Amounts in EUR'000
of 31.12.2021). a) Income 8.451 23.770 14. Due to the amendment of IAS 19 with regard the recognition and measurement of the cost of defined benefit plans and retirement benefit obligations, the Group b) Expenses 969 44.331
and the Company have adjusted the Statement of Financial Position, the Income Statement, the Comprehensive Income Statement and the Cash Flow Statement for c) Income from dividends 965 1.589
previous years (see note 40 to the annual financial statements of 31.12.2021). Apart from the above adjustments, where necessary, the comparative figures have been d) Receivables 90.589 191.875
reclassified to agree with the changes made to the presentation of figures for the current year (see note 2.29 to the annual financial statements as of 31.12.2021). e) Liabilities 2.291 667.783
15. The Company's Board of Directors intends to recommend to Ordinary General Meeting of Shareholders that no dividends are distributed in respect of fiscal year f) Key management compensation 4.423 2.055
2021. g) Payables to key management 80 80
Kifisia, 11 April 2022
THE CHIEF EXECUTIVE OFFICER THE HEAD OF THE ACCOUNTING DEPARTMENT THE CHAIRMAN OF THE BOARD OF DIRECTORS THE CHIEF FINANCIAL OFFICER