For the Jumbo Group, Christmas and New Year are crucial periods, since they traditionally account for c. 30% of the company's annual sales.

The up to date performance supports the Group's strategy that consumers consistently reward the company's determined and undeniable effort to bring prices in line with incomes. This strategy applies to thousands of SKU'S.

• Overall, for the 11-month period, the Group sales increased by c. 15% y-o-y.

In November 2023, the Group's sales increased by c. +10% y-o-y, despite the unusually high temperature and the headwinds on exports due to the war in Israel.

• Considering the up to date performance, management works hard to deliver its full-year estimate of a 12% y-o-y growth in sales and a 15% y-o-y growth in profitability.

Due to the flooding in early September, one of the two stores in Larissa and the store in Karditsa remain closed.

 Since the beginning of the year to date, the following stores have been in operation:

• The Group's online store in Romania

• the newly owned hyper-store in Iasi (Romania)
• the newly leased hyper-store in the center of Plovdiv (Bulgaria)

 Sales performance by country:

 Greece:

In November 2023, the net sales of the parent company - excluding intragroup sales – increased by c. 11% y-o-y.

Overall, for the 11-month period of 2023, the net sales of the parent company - excluding intragroup sales – increased by c. 16% y-o-y.

Cyprus:

The network's sales increased by c. 4% y-o-y in November 2023. Overall, for the 11-month period of 2023 the network's sales increased by c. 12% y-o-y.

Bulgaria:

The network's sales increased by c. 13% y-o-y in November 2023. Overall, for the 11-month period of 2023 the network's sales increased by c. 14% y-o-y.

Romania:

The network's sales (including the on-line store www.e-jumbo.ro) increased by c. 10% y-o-y in November 2023. Overall, for the 11-month period of 2023 the network's sales increased by c. 15% y-o-y.