Opap S.A. — Major Shareholding Notification 2026

Mar 6, 2026

Announcement of Regulated information pursuant to Law 3556/2007

Notification of major holdings Law 3556/2007

OPAP Holding SA (the “Company”, “Issuer”), pursuant to the provisions of Law 3556/2007 and following disclosure received by VALEA FOUNDATION on 05.03.2026, announces the following:

As of 2 March, 2026, the direct shareholders of the issuer were Allwyn International AG (formerly Allwyn International a.s.) with a percentage of 51.78% and Allwyn Greece & Cyprus Holding Ltd with a percentage of 2.66%. As a result, based on the concerted action of all entities referred to in the below table, all these entities indirectly controlled in total 54.44% of the total share capital and voting rights in the issuer, as follows:

Name	% of voting rights based on the concerted action if it equals or is higher than the notifiable threshold	Direct holdings	Total of both if it equals or is higher than the notifiable threshold
VALEA FOUNDATION	54.44%		54.44%
Valea Holding AG	54.44%		54.44%
KKCG Holding AG	54.44%		54.44%
KKCG Group AG	54.44%		54.44%
Allwyn AG	54.44%		54.44%
Allwyn International AG
(formerly Allwyn International a.s.)	54.44%	51.78%	54.44%
Allwyn Greece & Cyprus Holding 2 Ltd
(formerly RUBIDIUM HOLDINGS LIMITED)	54.44%		54.44%
Allwyn Greece & Cyprus Holding Ltd
(formerly SAZKA Delta Hellenic Holdings Limited)	54.44%	2.66%	54.44%

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On 2 March 2026, Allwyn International AG and Allwyn Greece & Cyprus Holding Ltd, both of them being ultimately controlled by VALEA FOUNDATION, entered into an agreement for the transfer of 45,980,670 out of 55,509,412 shares held by Allwyn Greece & Cyprus Holding Ltd in the issuer to Allwyn International AG, which prior to the transaction, held 139,700,961 shares in the issuer. Such transfer did not result in any change to the total number of shares and voting rights in the issuer, indirectly controlled by VALEA Foundation and the entities controlled by, and acting in concert with, VALEA FOUNDATION.

As a result, (i) Allwyn Greece & Cyprus Holding Ltd now directly holds 9,528,742 shares in the issuer, corresponding to 2.66% of the shares and voting rights in the issuer (and Allwyn Greece & Cyprus Holding 2 Ltd is thus an indirect holder of the same number of shares in the issuer), and (ii) Allwyn International AG directly holds 185,681,631 shares, corresponding to 51.78% of the shares and voting rights in the issuer.

Following the above, the chain of entities through which VALEA FOUNDATION indirectly holds voting rights in the issuer has been modified as follows:

VALEA FOUNDATION has no shareholders and is not controlled by any person; the Board of Directors of VALEA FOUNDATION decides at its sole discretion, without receiving instructions from its beneficiary or from any other person, on the exercise of the voting rights of VALEA FOUNDATION in the undertakings it controls. Mr. Karel Komárek is the sole beneficiary of VALEA FOUNDATION, but he does not control VALEA FOUNDATION within the meaning of Law 3556/2007.

VALEA FOUNDATION is the sole shareholder of Valea Holding AG. Valea Holding AG is the sole shareholder of KKCG Holding AG. KKCG Holding AG is the sole shareholder of KKCG Group AG. KKCG Group AG is the sole shareholder of Allwyn AG. KKCG Group AG also directly holds 12% of Allwyn International AG. Allwyn AG is the 83.73% direct shareholder of Allwyn International AG, which together with KKCG Group AG's ownership allows sole control being exercised over Allwyn International AG. Allwyn International AG directly holds 51.78% of the shares and voting rights in the issuer. In addition, Allwyn International AG is the sole shareholder of Allwyn Greece & Cyprus Holding 2 Ltd, the sole shareholder of Allwyn Greece & Cyprus Holding Ltd which directly holds 2.66% of the shares and the voting rights of the issuer.

In total, VALEA FOUNDATION, indirectly controlled 54.44% of the total share capital and voting rights of the issuer.

Athens, 6 March 2026