Completion of the Use of the Funds raised from the issuance of EUR 200 mil Common Bond Loan

MOTOR OIL (HELLAS) S.A. hereby informs the investment public that it completed the use of the full amount of Euro 200 million raised from the issuance of the Common Bond Loan through public offer conducted in March 2021. The 200,000 dematerialized common bearer notes of the CBL of nominal value EUR 1,000 each issued by MOTOR OIL (HELLAS) S.A. are listed in the fixed income securities category of the regulated market of the Athens Exchange. The funds have been invested according to the terms depicted in the offering circular.

Given that the completion of the use of funds occurred within the current fiscal year 2022, the final Report of the Use of Proceeds from the issuance of the said CBL covering the period 24.3.2021 – 30.06.2022, along with the accompanying Independent Auditor’s Report, will form part of the Company’s semi-annual financial report for the period 01.01.2022-30.06.2022.

Maroussi, 28 March 2022

The Board of Directors