ADMIE Holdings owner of a 51% of IPTO GROUP announces today its financial results for the 9 - month period ended on September 30th, 2023, prepared in accordance with International Financial Reporting Standards (IFRS).

According to a relevant announcement, the Net Profits of ADMIE Holdings amounted to EUR 46.0 million, showing a significant increase compared to EUR 20.4 million in the nine-month period of 2022.

The key points are as follows:

ADMIE Group: Maintaining high performance in results - On track to achieve a new historical high in investments

• Full restoration of financial metrics after the smoothing of the income from the integration of the new System Usage Charges in September 2022.

• Investment Expenditures at EUR 370.4 million in the nine months of 2023, compared to EUR 195.1 million in the nine months of 2022.

• Total Revenues amounted to EUR 291.5 million, marking an increase of 38.2% compared to the nine months of 2022.

• Revenues from the Transmission System Lease amounted to EUR 275.5 million, marking an increase of 40.5% compared to EUR 196.1 million in the nine months of 2022. Taking into account also the revenues from the Balancing Market, which amounted to EUR 11.7 million in the nine months of 2023, an increase of 39.9% is recorded compared to the nine months of 2022.

• Consolidated Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) amounted to EUR 212.3 million (from EUR 143.7 million in the nine months of 2022). Comparable EBITDA amounted to EUR 214.2 million, compared to EUR 138.3 million in the nine months of 2022, higher by 54.8%.

• Financial Position, with Net Borrowings, taking into account lease obligations, at EUR 1,018.9 million.

ADMIE HOLDINGS S.A.:

• Net profits EUR 46.0 million

• It is reminded that in October 2023, a gross dividend per share of EUR 0.058 has been paid for the year 2023 (record date: 04.10.2023).