Noval Property REIC

AGM Information • Oct 15, 2025

ANNOUNCEMENT

RESOLUTIONS OF THE SHAREHOLDERS' EXTRAORDINARY GENERAL MEETING OF THE COMPANY NOVAL PROPERTY REAL ESTATE INVESTMENT COMPANY DATED OCTOBER 15.10.2025

In Athens, on October 15th, 2025, Wednesday, at 10:00 a.m., the Extraordinary General Meeting of the Shareholders of the company under the trade name "NOVAL PROPERTY REAL ESTATE INVESTMENT COMPANY" with G.C.R. Nr. 152321260000 (hereinafter the "Company") was held, with the physical presence of the Shareholders at the Athens Stock Exchange, at 110, Athinon Avenue, Athens, P.C. 10442, and with the possibility for Shareholders to participate remotely in real-time via teleconference. 29 Shareholders holding 110,823,453 shares of the total of 126,431,958 shares of the Company, i.e. a percentage of 87.65% of the total number of shares and votes, which, given that, according to article 50 par. 1 of L. 4548/2018, the 28,024 own shares held by the Company, are not taken into account for the formation of a quorum, is adjusted to 87.67% of the 126,403,934 shares of the Company in total (after having deducted the above 28,024 shares of the Company from the total 126,403,934 shares of the Company), attended the meeting and decided on the agenda items as follows

Item 1: Election of a new Board of Directors of the Company and appointment of its independent non-executive members.

Unanimously elected, as members of the new nine-member (9 members) Board of Directors of the Company, with a one (1) year term of office, the following:

• 1. Μeletios Fikioris of Ioannis,
• 1. Michail Panagis of Neoklis,
• 1. Georgios Koutsopodiotis of Dimitrios,
• 1. Μaria Κapetanaki of Nikolaos,
• 1. Christoforos Stratos of Iasonas,

• 1. Varvara Pagkoulaki of Ioannis,
• 1. Ιoannis Stroutsis of Panagiotis,
• 1. Vasileios Loumiotis of Ioannis,
• 1. Loukas Papazoglou of Κonstantinos

after, among other things, it was ascertained, according to article 18 par. 1 of L. 4706/2020, from the recommendation of the Board of Directors of the Company dated 23.09.2025 to the Extraordinary General Meeting of Shareholders of the Company of 15.10.2025, posted on 23.09.2025 on the Company's website https://novalproperty.com/shareholders-meetings/?lang=en, and was based on the recommendation/evaluation report of the Company's Remuneration and Nominations Committee dated 23.09.2025, that the above elected members of the Company's Board of Directors meet all the criteria of individual and collective suitability and reliability, according to article 3 of L. 4706/2020, and the approved Suitability Policy of the Company, that the conditions of articles 3A and 5 of L. 4706/2020, are met regarding the adequate representation by gender and the total number of independent non-executive members of the Board of Directors of the Company, respectively, i.e. its legal composition, and that there are no obstacles or incompatibilities in the person of the elected members regarding any relevant provisions of the legal framework of corporate governance, including the Corporate Governance Code applied by the Company (Hellenic Corporate Governance Code issued by the H.C.G.C. in June 2021), the Company's Rules of Operation and the approved Suitability Policy of the Company.

They also appointed from the above elected members of the Board of Directors of the Company, as independent non-executive members of the Board of Directors of the Company, the following: (a) Vasileios Loumiotis of Ioannis, (b) Ioannis Stroutsis of Panagiotis and (c) Loukas Papazoglou of Konstantinos, after it was ascertained, according to article 18 par. 1 of L. 4706/2020, from the recommendation of the Board of Directors of the Company to the General Meeting, which was posted, on 23.09.2025, on the Company's website https://noval-property.com/shareholders-meetings/?lang=en and

was based on the recommendation/evaluation report of the Company's Remuneration and Nominations Committee dated 23.09.2025, that in the person of each of the above elected members of the Company's Board of Directors, (a) Vasileios Loumiotis of Ioannis, (b) Ioannis Stroutsis of Panagiotis and (c) Loukas Papazoglou of Konstantinos, all the conditions and criteria of independence provided for in the current legislation, i.e. in article 9 par. 1 and 2 of L. 4706/2020, are met. The term of office of the newly elected members of the Company's Board of Directors, according to article 7 para. 1 of the Company's Articles of Association, is annual, i.e. until 15.10.2026, which is extended, according to the provisions of article 85 para. 1 sec c) of Law 4548/2018, and article 7 para. 1 of the Company's Articles of Association, up to the lapse of the deadline, within which the Company's Shareholders Ordinary General Meeting is to be convened and up to the taking of the relevant resolution.

Item 2: Defining of the type of the Audit Committee, its term, the number and capacity of its members, as well as appointment of its members, in case that it is designated as an independent committee, according to article 44 of L. 4449/2017.

Unanimously redefined, in accordance with the provisions of article 44 of L. 4449/2017, the Audit Committee of the Company, as a Committee of the Board of Directors of the Company, with its term being equal to the term of the Board of Directors of the Company, i.e. annual, and consisting of three (3) independent non-executive members of the new Board of Directors of the Company in total, who meet the criteria of independence provided in article 9 par. 1 and 2 of L. 4706/2020. The members of the Audit Committee will be appointed by the Board of Directors of the Company, after ascertaining the fulfillment of the suitability criteria and conditions, in the person of each one of them, so that the Audit Committee has a legal composition and its members meet the suitability and, as the case may be, independence criteria, according to article 44 par. 1 of Law 4449/2017, and article 9 par. 1 and 2 of Law 4706/2020, respectively, while its Chairman

will be appointed by its members during its formation in body, in accordance with article 44 par. 1 (e) of Law 4449/2017.

Athens, October 15th, 2025