LAMDA Development announces that on 20.12.2023, a total of 602,785 own, common registered shares of the Company were distributed free of payment by the Company, through Over-The-Counter transactions (OTC) to 31 executives of the Company and subsidiaries of the LAMDA Development Group (the "Beneficiaries").

The total value of the above shares amounted to approximately €4.1m, based on the closing price of €6765 of the Company's share on 20.12.2023.

These shares were transferred due to the exercise of the right of the Beneficiaries to receive part or all of the bonus "Annual Bonus" for the financial year 2022 in shares instead of cash, due to the achievement of objectives as described below.

Out of a total of 31 Beneficiaries, the following 12 Beneficiaries (listed in alphabetical order) fall under Article 19, paragraph 1 of Regulation (EU) 596/2014 on the above date:

- ATHANASIOU ODISSEAS
- GAVRIILIDISTHEODOROS
- GIANNAKOPOULOS IOANNIS
- GORITSAS CHARALAMBOS
- KARASTOGIANNIS DIMITRIS
- KARATOPOUZI KONSTANTINA
- MAGLARA LYDIA
- NIKOLOPOULOS CHRISTOS
- PAIZI MELINA SOTIRIA
- PAPAKONSTANTINOU MARIA
- TOUZIOU ANGELIKI
- SAAB MARLON
and have already made the relevant notifications.