Early termination of the share buyback program

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces that the Extraordinary General Assembly of the Company shareholders dated 11 October 2023 approved the early termination of the share buyback program which was approved by the Annual Ordinary General Assembly of June 30, 2022. The latter had approved the purchase of up to 7,000,000 Company shares, at a maximum price of Euro 23 per share, minimum price of Euro 8 per share, and program duration from 8 July 2022 until 24 May 2024. In context of the aforementioned share buyback program, the Company purchased altogether 1,775,841 Company shares at an average price of Euro 19.278 per share.

MOTOR OIL (HELLAS) S.A. has altogether 2,239,558 Company shares in its treasury stock portfolio corresponding to 2.02% of its share capital and voting rights at an average price of Euro 17.593 per share.

Maroussi, 12 October 2023

The Board of Directors