ANNOUNCEMENT

Review of the FTSE MED Index FTSE Russell has conducted a detailed review of the operation of the FTSE-Med Index for the six-month period from May 2020 to November 2020 in accordance with the Ground Rules of Operation of the Index. Following the relevant assessment by FTSE Russel, the new composition of the Index for the next six months is announced here below in order to inform investors and stakeholders.

During the current review of the composition of the Index and in accordance with the Ground Rules, it is noted that the Index includes sixty-two (62) companies from the , twenty-three (23) companies from the Athens Stock Exchange and five (5) companies from the Cyprus Stock Exchange (CSE).

During the next six months, the Index will comprise the following companies:

Company Country

1 Nice Ltd ISR 2 Teva Pharmaceutical ISR 3 COCA-COLA HBC AG (CR) GRC 4 ISR 5 ISR 6 HELLENIC TELECOM. ORGANISATION (CR) GRC 7 ISR 8 ISR 9 Mizrahi Tefahot Bank Ltd. ISR 10 ICL Group Ltd ISR 11 ISR 12 Discount Bank ISR 13 ISR 14 OPAP S.A. (CR) GRC 15 Shapir Engineering and Industry Ltd ISR 16 First Intl Bank of Israel (5) ISR 17 Ltd ISR 18 Energix Renewable Energies ISR 19 JUMBO S.A. (CR) GRC 20 Shikun & Binui Ltd ISR 21 Ltd. ISR 22 Amot Investments Ltd. ISR 23 Alony Hetz Properties & Inv ISR Company Country

24 Melisron ISR 25 Maytronics Ltd ISR 26 Electra (Israel) Ltd ISR 27 Nova Measuring Instruments Ltd ISR 28 Harel Investments & Finance ISR 29 Mivne Real Estate ISR 30 MYTILINEOS S.A. (CR) GRC 31 TERNA ENERGY S.A. (CR) GRC 32 Bayside Land Corp ISR 33 HELLENIC PETROLEUM S.A. (CR) GRC 34 Enlight Renewable Energy Ltd ISR 35 Matrix IT Ltd ISR 36 Sapiens International ISR 37 Airport City Ltd ISR 38 Phoenix Holdings ISR 39 ISR 40 PPC S.A. (CR) GRC 41 EUROBANK ERGASIAS SERVICES AND HOLDINGS S.A. (CR) GRC 42 Formula Sys ISR 43 Big Shopping Centers (2004) ISR 44 LAMDA DEVELOPMENT S.A. (CR) GRC 45 MOTOR OIL (HELLAS) REFINERIES SA (CR) GRC 46 TITAN CEMENT INTERNATIONAL S.A. (CB) GRC 47 Hilan Tec Ltd ISR 48 AudioCodes Ltd ISR 49 NATIONAL BANK OF GREECE S.A. (CR) GRC 50 Mega Or Holdings ISR 51 Paz Oil ISR 52 Fattal 1998 Holdings Ltd ISR 53 Rami Levi Chain Stores Hashikma Marketing 2006 Ltd ISR 54 FIBI Holdings ISR 55 AFI Properties ISR 56 ISR 57 Menorah Mivtachim Holdings Ltd ISR 58 VIOHALCO SA/NV (CB) GRC 59 Insurance & Financial Holdings Ltd. ISR 60 ATHENS WATER SUPPLY & SEWERAGE S.A. (CR) GRC 61 ALPHA BANK A.E. (CR) GRC 62 Partner Communications ISR 63 Clal Insurance ISR 64 REIT 1 Ltd ISR 65 Equital ISR 66 Danel (Adir Yeoshua) Ltd ISR 67 GEK TERNA HOLDING REAL ESTATE CONSTRUCTION (CR) GRC 68 GR. SARANTIS S.A.(CR) GRC 69 Gazit Globe (1982) Ltd ISR 70 Brack Capital Properties ISR 71 Cellcom Israel Ltd. ISR 72 ADMIE (IPTO) HOLDING S.A. (CR) GRC 73 Oil Refineries ISR 74 Isracard ISR 75 P.P.A. S.A. (CR) GRC 76 ISR 77 Automotive Systems ISR CompanyCompan y CountCountryry

78 Naphtha Israel Petroleum Corp ISR 79 IDI Insurance Company Ltd ISR 80 ELLAKTOR S.A. (CR) GRC 81 PIRAEUS BANK S.A. (CR) GRC 82 Ltd ISR 83 Gilat Satellite Networks ISR 84 QUEST HOLDINGS S.A. (CR) GRC 85 Sella Capital Real Estate Ltd. ISR 86 HELLENIC BANK PUBLIC COMPANY LTD CYP 87 BANK OF CYPRUS HOLDINGS PLC CYP 88 VASSILICO CEMENT WORKS PUBLIC COMPANY LTD CYP 89 LOGICOM PUBLIC LTD CYP 90 PETROLINA (HOLDINGS) PUBLIC LTD CYP

The reviewed index with the above companies will be effective as of Monday, 21 December 2020.

Nicosia, 02 December 2020