Attica Bank confirms that the shareholders have reached an agreement in principle on a commonly accepted text that includes the basic terms of the intended merger with Pancreta Bank and the capital strengthening of the new banking structure, paving the way for the next step in the creation of a fifth banking pole.

As Attica Bank notes, for the final signing of the agreement, the internal procedures of the shareholders will have to be complied with under the HFSF law.

The Bank notes that it will immediately inform the investing public when the agreement between the shareholders is finalized and the individual terms are disclosed to it, as well as any further developments.

Pending the above, Attica Bank has requested and received from the Bank of Greece (BoG) an extension of its response until July 12, 2024.

Below is Attica Bank's full announcement:

"Further to the announcement of June 28, 2024, ATTICA BANK ANONYMMH TRAPPEZIKH Etairia (the "Attica Bank") informs the investing public of the following:

Referring to the statement of June 27, 2024, of the BoE, Attica Bank was requested to provide information on how to ensure the compliance of the new banking entity that will emerge after the intended merger of Attica Bank and Pancretia Bank with the minimum applicable mandatory regulatory capital adequacy ratios, taking into account the expected losses in case of inclusion of the portfolios in the "Heracles III" program, as well as the immediate submission of a draft agreement of the main shareholders of the credit institutions on the principle and on how to raise the necessary capital.

Based on written information received by the bank from the Hellenic Financial Stability Fund (the "HFSF") and from Thrivest Holdings Ltd., the two shareholders have confirmed that an agreement in principle has been reached on a commonly accepted text containing the main terms of the intended merger with Pancretia Bank and the capital strengthening of the new banking structure. For the final signature of the agreement, the internal shareholder procedures under the HFSF law will have to be followed. The bank will immediately inform the investing public when the agreement between the shareholders is finalized and the individual terms of the agreement are disclosed to the bank, as well as any further developments.

Pending the above, Attica Bank has requested and received from the Bank of Greece ("BoG") an extension of time to respond until July 12, 2024.

The Bank emphasizes that the only trustworthy and legitimate source of information regarding its activities is the Bank itself. The Bank remains committed to complying with the conditions and requirements set out in the regulatory framework and the established practice of informing the investing public directly, with validity and responsibility, of any development concerning its activities, in accordance with the provisions of the legislation in force and the relevant decisions of its bodies.".