The completion of the preliminary assessment of Attica Bank's non-performing loan portfolio by the rating agency DBRS Morningstar was announced by the bank on Tuesday, noting that "the additional loss that would result from a potential sale of this portfolio through securitization under the Hercules III state guarantee programme will not exceed €400 million.".

ATTICA BANK ANNOUNCEMENT

"Attica Bank Anonimos Banking Company informs the investing public of the following:

Following pertinent publications and the return of accurate information to the investing public, the Bank informs that the rating company DBRS Morningstar has completed the preliminary assessment of the Bank's portfolio of non-performing exposures, which has a total book value of about €2.3 billion.

The Bank estimates that the additional loss resulting from a potential sale of this portfolio through securitization under the Hercules III state guarantee programme will not exceed €400 million.

The Bank will keep the investing public informed as to how the Bank will cover its capital needs arising from the above transaction if and when the Bank is included in the Hercules III programme, taking into account that the deadline for submission of the shareholders' agreement to the Bank of Greece has been extended until July 18, 2024.

The Bank emphasizes that it is the only trustworthy and legitimate source of information regarding any information or developments pertaining to its activities. In line with current laws and the decisions made by its bodies, the Bank is still committed to following the rules and conditions set out in the regulatory framework. It will also continue to do what it has always done, which is to directly inform the investing public of any changes that affect its activities.