OTE: On July 12, the cancellation of 5,617,282 own shares

The Telecommunications Organization of Greece S.A. announces that the Ordinary General Meeting of the Company’s shareholders, held on 25/05/2022, decided, in accordance with article 49 of Law 4548/2018, the cancellation of 5,617,282 treasury shares with a nominal value of €2.83 each , with a consequent reduction of the Company’s share capital by €15,896,908.06 and a corresponding amendment to Article 5 (Share Capital) of its Articles of Association.

The above shares were acquired in the period from 1/12/2021 to 31/03/2022, within the framework of the Own Share Acquisition Programs approved by the General Meeting of Shareholders (meetings of 20-02-2020 and 18-01-2022) , with an average purchase price of €16.81 per share.

On 15/06/2022, with the decision No. 2642459 AP/15-06-2022 of the Ministry of Development and Investments, which was registered in the General Commercial Register (G.E.MH.) on the same day, the amendment of the article was approved 5 of the Company’s Articles of Association.

Furthermore, the Corporate Transactions Committee of the Athens Stock Exchange was informed of the reduction in question during the meeting of 7/7/2022.

Following the above, 12/7/2022 was set as the date of cancellation and deletion of the above 5,617,282 shares from the Athens Stock Exchange, the date from which their trading ceases.

After the above reduction due to the cancellation of the own shares, the Company’s share capital now amounts to €1,252,227,812.58 (from €1,268,124,720.64 before the reduction) and is divided into 442,483,326 common registered shares (from 448,100 .608 before cancellation) with a face value of €2.83 each.