The Board of Directors of the company decided to grant special permission for Kloukinas-Lappas to enter into a contract with a related party. Specifically, the Board of Directors granted its permission to enter into a share purchase and sale agreement with Violetta Lappas, who, as a non-executive, non-independent member of the Board of Directors of the company, is a related party.

Based on the terms spelled out in the Share Sale and Transfer Agreement approved by the Company's Board of Directors, the Company will sell and give Violetta Lappa (a related party) two million, four hundred forty-seven thousand, one hundred forty-six (2,447.146) common, registered shares with voting rights of its wholly owned subsidiary company "WONDER NEST RETAIL Monopersonal Anonimosti Anonououρία" (GEMI 177536201000 - VAT number 996478229), of which it is the sole owner. This is equal to 40% of the fully paid-up share capital of this company. The price is €2,000,000.00, which is €0.82 per share.

The company states in its announcement that the above terms of the Share Purchase and Transfer Agreement are customary terms for similar contracts and that entering into this agreement is fair and in its best interest.

Tomorrow, the Company's Board of Directors will likely meet again to decide whether to allow the sale and purchase of 3,670,719 ordinary registered shares with voting rights from the same company called "WONDER NEST RETAIL SINGLE-PARTY SOCIETY" to the joint stock company called "INTRAKOM SOCIETY COMPANY" (D. T. "INTRACOM HOLDINGS" / G.E.M. No. 000303201000). This company controls 87.73% of the Company's paid-up share capital and is a related party of the Company as defined in paragraph a. of par. 2 of Law 4548/2018.