The acquisition of Helector, through its subsidiary Manetial Limited, was approved today at the Extraordinary General Meeting of Motor Oil.

As stated in the announcement, pursuant to Section 4.1.1 of the Athens Exchange Rules, Motor Oil announces that the Extraordinary General Meeting was held on July 17, 2024, at 10:00 a.m. at the Athens Plaza Hotel and attended by shareholders representing 69,59% of the share capital. The quorum was 71.27% since, in accordance with Article 50 of Law 4548/2018, the percentage of treasury shares held by the company was not taken into account.

The General Meeting of Shareholders provided its consent for (a) the acquisition by MANETIAL LIMITED, a 100% subsidiary of Motor Oil, of all the shares owned by Ellaktor of Helector which represent 94,44% of the share capital of the latter and b) the execution of the Share Purchase Agreement of 3 July 2024 between MANETIAL LIMITED, a wholly owned subsidiary of MOTOR OIL (GREECE) KORINTHOS DISTRIBUTIONS S.A., and ELLAKTOR S.A.

The General Assembly also provided its consent for the Board of Directors of the Company and/or MANETIAL LIMITED to draw up all the necessary contracts, sign all the necessary documents, and take the necessary actions for MANETIAL LIMITED to draw up the above agreements.