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National Bank of Greece S.A.

M&A Activity • Nov 27, 2025

2642_rns_2025-11-27_e05ab968-649e-45d8-bdb4-7bb6048bdf2b.pdf

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PRESS RELEASE 27/11/2025

National Bank of Greece completes the sale of its minority stake at Ethniki Insurance

National Bank of Greece ("NBG") informs investors that it has entered into a definitive agreement and completed the sale of 9.99% Ethniki Insurance stake to Piraeus Bank.

The consideration received amounted to c.€62.4mn. The transaction is capital accretive for NBG by c.10bps in the CET1% as of 30/9/2025.

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