Motor Oil Hellas Corinth Refineries S A : Announcement of Business Developments

About this update from Motor Oil (hellas) Corinth Refineries S.a.

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (the "Company") announces that its indirect subsidiary with the legal name IREON TECHNOLOGIES LIMITED (Purchaser) signed an agreement to acquire, for a total consideration amount of EUR 60.5 million, from NOVA TELECOMMUNICATIONS AND MEDIA SINGLE MEMBER S.A. (Seller) the stake of the latter in NOVA INFORMATION AND COMMUNICATION TECHNOLOGIES S.A. (NOVA ICT) corresponding to 50% of the share capital of NOVA ICT. Moreover, it is announced that within the current fiscal year IREON TECHNOLOGIES LIMITED intends to transfer part of the above-mentioned acquired stake to strategic investors ultimately ending up with a participation ranging between 10%-20% of the share capital of NOVA ICT. The Company will provide update to the investment community in relation to the above developments with subsequent announcements or through the interim/yearly financial reports. Maroussi, 20 July 2026

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