At a consideration of 123 million euros, 25% of Anemos Res Holdings is transferred to More, a part of the Motor Oil Group, which already holds the remaining 75% of the shares.

The Board of Directors granted its approval for the conclusion of a share Sale & Purchase Agreement with the company Motor Oil, according to which:

1. The company will sell and transfer 123,059,250 registered shares of Anemos Res Holdings, owned by the company, to More, corresponding to 25% of its fully paid-up share capital, for a total consideration of €123,520,000, in accordance with the specific terms included in the binding offer dated 14.12.2023. The SPA includes customary for such transactions, reps & warranties and the respective indemnities to the purchaser, as described in the offer.

2. The terms of the above SPA are customary for such contracts and their execution is fair and for the benefit of the company.

3. The approval of the above contract was provided by the Board of Directors of the company, in accordance with the provisions of articles 99 et seq. of law 4548/2018., as in force.

The aforementioned transaction is subject to the approval of the General Meeting of Ellaktor shareholders.