Logicom Public LTD — Earnings Release 2021

Mar 31, 2021

LOGICOM PUBLIC LTD

Profit Warning

Compared to the corresponding period of 2020, in the first quarter of 2021 the Turnover and the Operating Profit from usual/existing operations are increased, due to a broader range of available products in the area of distribution. Profitability, not including the results of the associated company Demetra Holdings Plc ("Demetra"), is expected to be significantly improved, mainly as a result of a decrease in finance costs.

No safe estimates on the final Profitability after Taxation can be provided, due to the unavailability of all necessary information in relation to the expected results of Demetra, further to the unavailability of all necessary information on the respective expected results of Hellenic Bank for purposes of their inclusion in Demetra's results. The Company will make further announcements in due course, once all necessary information is available.

Adaminco Secretarial Limited Secretary of Logicom Public Limited