Decision of the Extraordinary General Assembly dated October 11th, 2023 in relation to Share Buyback
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces that the Extraordinary General Assembly of October 11th, 2023 approved the share buyback program in accordance with article 49 of the Law 4548/2018 as it is in force and provided authorization to the Board of the Company to carry out any action necessary in connection to the procedural matters relating to the program. More specifically, the Assembly approved the purchase of up to 5,000,000 Company shares, at a maximum price of Euro 31 per share, minimum price of Euro 8 per share, and program duration from October 20, 2023 until May 30, 2025. The share purchases will be effected through the ATHEX Members PIRAEUS SECURITIES and OPTIMA BANK.
Maroussi,12 October 2023
The Board of Directors