Space Hellas S.A.

Earnings Release • May 19, 2021

SPACE HELLAS S.A. GEMI:375501000 Mesogion Av. 312 Ag. Paraskevi Financial statement and information for the period 1 January 2020 to 31 December 2020 Company Information Board of Directors Manolopoulos Spyridon Chairman, executive member Prefecture Ministry of Development, Department of Commerce Chatzistamatiou Theodoros Vice President, non executive member Company's web site http://www.space.gr Mpellos Christos Vice President, executive member Date of approval by the Board of Directors 23 April 2021 Mertzanis Ioannis CEO, executive member Doulaveris Ioannis Executive member Certified Auditor Accountant Andreas G. Pournos (S.O.E.L. Reg. No 35081) Paparizou Anastasia Executive member Auditing Company PKF Euroauditing S.A. Patsouras Athanasios Indipendent - non executive member Type of Auditor's report Without qualification Chatiras Emmanouil Indipendent - non executive member Gakis Theodoros Indipendent - non executive member GROUP COMPANY GROUP COMPANY (consolidated and non consolidated) Amounts in € thousand 31.12.2020 31.12.2019 31.12.2020 31.12.2019 (consolidated and non consolidated) Amounts in € thousand 01.01- 31.12.2020 01.01- 31.12.2019 01.01- 31.12.2020 01.01- 31.12.2019 ASSETS Operating Activities : Property, plant and equipment 17.576 15.749 17.541 15.706 Profit before taxes (continued operations) 2.188 2.151 2.079 1.609 Rights of Use 1.217 1.353 1.215 1.341 Plus/Less adjustments for : Intangible assets 3.543 3.449 3.512 3.412 Depreciation 1.992 1.812 1.971 1.791 Other non current assets 3.954 2.158 3.897 2.169 Impairment of tangible and intangible assets -472 0 -472 0 Inventory 7.579 6.625 7.579 6.625 Provisions 104 311 104 310 Receivables (trade debtors) 27.183 14.722 27.272 14.639 Foreign exchange differences 275 -199 277 -193 Other current assets 7.586 8.002 7.019 7.733 Net (profit)/Loss from investing activities -26 -32 -781 -457 Cash and Cash equivalents 31.058 17.082 30.451 16.281 Interest and other financial expenses 2.820 2.346 2.813 2.341 TOTAL ASSETS 99.696 69.140 98.486 67.906 Plus or minus for Working Capital changes: EQUITY AND LIABILITIES Decrease/(increase) in Inventories -954 -2.209 -954 -2.209 Share capital 6.973 6.973 6.973 6.973 Decrease/(increase) in Receivables -12.237 -1.878 -12.482 -1.956 Other components of equity 11.104 9.416 10.049 8.418 14.101 4.689 14.323 4.793 Total equity attributable to owners of the parent (a) 18.077 16.389 17.022 15.391 Less: Non controlling interests (b) 1 1 - - -2.410 -1.816 -2.403 -1.810 Total Equity (c) = (a)+(b) 18.078 16.390 17.022 15.391 Taxes paid -421 -320 -153 0 Long term borrowings 30.322 15.307 30.322 15.307 4.960 4.855 4.322 4.219 Long term provisions / Non current liabilities 2.728 2.775 2.728 2.773 Cash flow from Investing Activities Short term borrowings 9.777 9.682 9.777 9.682 -1.728 -1.100 -1.728 -1.100 Other current liabilities 38.791 24.986 38.637 24.753 Purchase of tangible and intangible assets -3.421 -2.726 -3.420 -2.686 Total Liabilities (d) 81.618 52.750 81.464 52.515 74 42 74 42 99.696 69.140 98.486 67.906 Interest received 0 0 0 0 Dividends received 0 0 819 547 -5.075 -3.784 -4.255 -3.197 (consolidated and non consolidated) Amounts in € thousand Cash flow from Financing Activities 31.12.2020 31.12.2019 31.12.2020 31.12.2019 Proceeds from Borrowings 18.141 5.818 18.141 5.818 16.390 15.139 15.391 14.416 Payments of Borrowings -3.031 -2.109 -3.031 -2.109 2.108 1.639 2.051 1.362 Payments of leases -599 -469 -587 -457 Increase / (Decrease) of Share Capital 0 0 0 0 Dividends paid to shareholders of the Company -420 -387 -420 -387 Cancellation of own shares 0 0 0 0 14.091 2.853 14.103 2.865 Other Changes 0 0 0 0 13.976 3.924 14.170 3.887 Non controlling interests 0 -1 0 0 17.082 13.158 16.281 12.394 Dividends distributed -420 -387 -420 -387 Cash and cash equivalents at end of period 31.058 17.082 30.451 16.281 18.078 16.390 17.022 15.391 (consolidated and non consolidated) Amounts in € thousand 01.01- 31.12.2020 01.01- 31.12.2019 01.01- 31.12.2020 01.01- 31.12.2019 Turnover 80.732 72.250 78.170 69.602 Gross Profit 16.423 15.884 15.568 14.932 4.826 4.471 3.959 3.498 Profit before taxes 2.151 2.081 1.609 1.532 Profit after taxes (A) 1.760 1.516 1.705 1.233 - Owners of the parent 1.760 1.516 1.705 1.233 - Non controlling interests 0 0 - - 1.760 1.516 1.705 1.233 Other comprehensive income after taxes (B) 348 123 346 129 Total comprehensive income after taxes (A)+(B) 2.108 1.639 2.051 1.362 - Owners of the parent 2.108 1.639 2.051 1.362 - Non controlling interests 0 0 - - Earnings (after taxes) per share - basic in € 0,2726 0,2348 0,2641 0,1910 6.818 6.283 5.930 5.289 Additional information GROUP COMPANY a) Sales of goods and services 167 1.138 b) Purchases of goods and services 0 24 c) Receivables from related parties 4 156 d) Payables to related parties 20 41 e) Key management compensations 1.245 1.245 f) Receivables from key management 2 2 g) Payables to key management included in above 0 0 Agia Paraskevi, 23 April 2021 The company has guaranteed to financial institutions for bank credit limits for the subsidiary SPACE HELLAS (CYPRUS) Lt.d.up to the amount of € 27 thousand, through the issuance of letters of guaranty. There are no other real liens on non-current assets or property, except, at the Company level, the underwriting, amounting to € 1.200 thousand, on the property situated at 6 Loch. Dedousi St., Cholargos, Athens, and the underwriting is amounting to € 4.000 thousand, on the property situated at 302 Ave. Mesogeion, Cholargos, Athens and, at the Group level, the underwriting, amounting to € 7.540 thousand, on the property situated at 312 Ave. Mesogeion, Cholargos, Athens, and the underwriting, amounting to € 1.200 thousand, on the property situated at Giannitson-I.Kariofylli & Patr. Kyrrilou St., Thessaloniki. The personnel employed at 31.12.2020 for the Group amounted to 424 persons and for the Company amounted to 422 while as at 31.12.2019 amounted to 372 and 370 respectively. The same Accounting Policies have been followed as for the financial statements as of 31.12.2019. Note 4.3 of the annual financial report of 2020 refers to the comprehensive income after taxes for the company and the Group. Intercompany transactions for the period from 1 January 2020 to 31 December 2020 according to I.A.S. 24 are as follows: Profit before taxes, financing and investing activity and depreciation The shares of the company were listed on the Athens Stock Exchange on 29-9-2000. The earnings per share were calculated based on the weighted average number of ordinary shares in the issue amounting to 6.456.530. The companies of the Group, the percentage ownership and the consolidation method for the ending period are disclosed in note 4.6.13 of the annual financial report of 2020. The tax un-audited years of the Company and the Group are disclosed in note 4.6.30 of the annual financial report of 2020. The company has formed a provision for the unaudited tax years, for the amount of 61 thousand, in order to cover the possibility of additional taxes (note 4.6.30). No other reserves are formed (note 4.6.28). There are no other disputed or under arbitration cases of national or administrative courts that may have a material effect on the financial position of the Company. Cash and cash equivalents at beginning of period Total equity at the end of the year (31.12.2020 and 31.12.2019) 1.2 STATEMENT OF COMPREHENSIVE INCOME Group Company Profit before taxes, financing and investing activity GROUP COMPANY Total equity in the beginning of the year (01.01.2020 and 01.01.2019 accordingly) Total comprehensive income after taxes (continued and discontinued operations) Total cash inflow/(outflow) from financing activities (c) Net increase/(decrease) in cash and cash equivalents (a)+(b)+(c) Total cash inflow/(outflow) from operating activities (a) Acquisition of subsidiaries, associated companies, joint ventures and other investments Proceeds from sale of tangible and intangible assets TOTAL EQUITY AND LIABILITIES (c)+(d) 1.3 STATEMENT OF CHANGES IN EQUITY Total cash inflow/(outflow) from investing activities (b) The following results and information that arise from the financial statements provide a general picture of the financial position and financial results of the SPACE HELLAS S.A. Thus we suggest the reader, before entering into any sort of investment decision or other transaction with the company, to gain access to the company's website, where the financial statements can be downloaded, as well as the Independent Auditor's Report. 1.1 STATEMENT OF FINANCIAL POSITION 1.4 CASH FLOW STATEMENT FOR THE YEAR (Decrease)/increase in Payables (excluding banks) Interest and other financial expenses paid

AND EXECUTIVE MEMBER OF THE BOARD AND EXECUTIVE MEMBER OF THE BOARD

CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER CHIEF ACCOUNTANT

IOANNIS MERTZANIS IOANNIS DOULAVERIS ANASTASIA PAPARIZOU

1. 1. 1. 1. 1. 1. 1. 1. 1. 10.

CHAIRMAN OF THE BOARD OF DIRECTORS

SPYRIDON MANOLOPOULOS