Oratco Public Company Ltd

M&A Activity • Nov 3, 2025

November 3, 2025

Cyprus Stock Exchange Nicosia

ANNOUNCEMENT

Subject: Completion of sale of banking operations to Alpha Bank Cyprus Ltd and Purchase of Senior Preferred Bonds

Completion of sale of banking operations to Alpha Bank Cyprus Ltd

AstroBank Public Company Limited (the "AstroBank") announces the completion of the sale of banking operations to Alpha Bank Cyprus Ltd ("Alpha Bank") pursuant to the Business Transfer Agreement ("BTA") signed on 24 June 2025.

Purchase of Senior Preferred Bonds

AstroBank further announces that, concurrently with the Completion of the Agreement, and in accordance with the terms of issue of the Senior Preferred Bonds with total nominal value of €9,0 million in Euro (ISIN: CY0240670212) and \$4,5 million in US Dollar (ISIN: CY0240680211) and coupon interest of 7,875% and 9,00% per annum respectively, issued on 27 July 2023 (the 'Notes'), proceeded with the purchase of the Notes from all the bondholders. AstroBank will submit a relevant delisting request to the CSE to proceed with cancellation of the purchased Notes.

ASTROBANK PUBLIC COMPANY LIMITED