Ellinas Finance : Bond issue from Ellinas Finance Public Company Limited

About this update from Ellinas Finance Public Company Ltd

March 01, 2023 Cyprus Stock Exchange Nicosia ANNOUNCEMENT Subject: The Board of Directors of Ellinas Finance Public Company Ltd (the «Company») has decided to proceed with the second tranche issue of the Series D Bond and disperse of 400 Bonds of the Company, for the total value of €400,000 The Board of Directors of the Company at its meeting and following the decision of January 18, 2023 decided the following: 1. Issue of the second tranche of the Series D Bond and disperse of 400 non-convertibles, redeemable, non-secured5-year Bonds with total value of €400,000 under the terms and conditions of the relevant Trust Deed (the «Bond»), dated January 13, 2023, aiming to increase the Company's capital. The Bond has the following characteristics: Issue amount of second tranche: €400,000 Type of Bond: Non-convertible, redeemable Annual Interest rate: 5% Duration: 5 years Number of Bonds: 400 Nominal value: €1,000 per unit Date of issue: March 01, 2023 Expiry date: January 17, 2028 Interest Payment: on an annual basis on January 17 The offer of the Bonds was addressed to a limited number of persons (less than 150) thought private placement at the absolute discretion of the Company's Board of Directors. The total amount of the Series D Bond could reach up to €3,000,000 and it will be issued in tranches on a monthly basis up to March 31, 2023. Sincerely, Constantinos Servos, Compliance Officer CC.: Cyprus Securities Exchange Commission ΘΕΟΤΟΚΗ 6, ΜΕΓΑΡΟ ΕΛΛΗΝΑ, 1 ΟΣ ΟΡΟΦΟΣ, 1055 ΛΕΥΚΩΣΙΑ

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