The Board of Directors of Eurobank Holdings has decided to start the merger process with Eurobank, with the former being absorbed by the Bank, according to a relevant announcement.

The transformation balance sheet date was set as 31 December 2024, after which all transactions carried out and relating to Eurobank Holdings will be considered carried out on behalf of the Bank.

Upon completion of the merger (on the date of registration of the relevant approval decision of the competent authority in the General Register of Companies), the following effects will occur:

• Eurobank Holdings shall cease to exist and its shareholders shall become shareholders of the Bank with the same percentage of participation and the same number of shares, taking all the issued shares of the Bank; and
• the Bank, which will retain its banking licence, will be substituted as universal successor to all the assets and liabilities transferred to it, as reflected in the balance sheet of Eurobank Holdings on the date of completion of the merger

ATHENS STACK EXCHANGE

Prior to the completion of the merger, the bank's shares will be listed on the Athens Stock Exchange, and upon completion of the merger, they will be allotted to the shareholders of Eurobank Holdings in exchange for the shares held in Eurobank Holdings, in the ratio of one newly issued share of the bank for one existing share of Eurobank Holdings.

Completion of the merger is subject to the approvals required by law, including the approval of the General Meeting of shareholders of both merging companies and the receipt of all necessary approvals from the competent authorities.

The investing public will be kept informed by Eurobank Holdings on the progress of the merger process, the corporate announcement concludes.