Company Presentation

Q1 2021

Table of Contents

01 Euroxx - The Company 02 Euroxx - Brokerage Services 03 Euroxx - Wealth Management 04 Euroxx - Investment Banking

Company Presentation 3 4

01 THE COMPANY

02 BROKERAGE SERVICES

03 WEALTH MANAGEMENT

04 INVESTMENT BANKING 01 01.1 The History

EUROXX SECURITIES Euroxx was established in 1993 as an investment – consulting company. Following regulatory approval in 1995 by the Hellenic 1990s Capital Markets Committee, it was converted into a full-scale Securities Firm, offering full range A member of the Athens of financial services.

Exchange (ATHEX) and the Cyprus 2000s Stock Exchange (CSE), listed on the Alternative Market of the ATHEX since 2008. In 2012, Euroxx • Institutional Sales & Trading opened the Thessaloniki office to increase its penetration in the Euroxx is ’s largest • Derivatives & Bond Trading regional area. independent financial services firm, with strong capabilities in • Online Trading Investment Banking, a leading • Equity Research 2010s brokerage desk commanding a 14% market share in trading volumes on • Investment Banking / the ATHEX, and a fast-growing Corporate Finance Euroxx client portfolio includes all Wealth Management department PRESENT • Wealth Management major foreign institutional (>€500m under management) with investors active in all facets of the a strong franchise among domestic • Internal Audit / Compliance Greek Equity market as well as HNW. Department numerous Tier II funds that follow closely the Greek ECM.

Company Presentation 5 01 01.2 Organizational Chart

EUROXX FINANCIAL SERVICES Full coverage of… BROKERAGE SERVICES WEALTH MANAGEMENT INVESTMENT BANKING

DMA Services

CFDs, Futures, Options

OTC Bonds Trading

EquityEquity Tradi Tradingng M&A Services

Internet Trading IPOs, Rights Issues

Market Making Private Placements INSTITUTIONAL NPL Portfolios Advisory Services & Discretionary & Advisory Mandate PRIVATE Project Lite Advisor in Syndicates CLIENTS NEEDS Open Platform Financial Structuring

Risk Controls Business Plans

Legal & Compliance

Art Services

Company Presentation 6 01 01.3 Management Team

Giuseppe Giano George Polites Co-founded Euroxx in 1993, chairman of the Chief Executive Officer of Euroxx. He is responsible for board of directors. He oversees the company’s formulating the company’s business strategy, business strategy, financial performance and development and oversees all business units. Mr. business development. He is also vice president Polites has over 20 years of experience in the financial of the Association of Members of the Athens industry and prior to Euroxx, has held executive Exchanges and a member of the BoD of the Greek positions at Sigma Securities and P&K Securities. He is Union of Listed Companies. With 30 years of also on the BoD of several companies in the Energy experience in the securities and financial services Sector and the Steering Committee of the Athex Group. industry, Mr. Giano holds a Master of Science in He holds a Bachelor of Science in Economics & Business Shipping, Trade & Finance from the City Administration (Magna Cum Laude) from the University University London and a Bachelor of Science in of La Verne in Athens, Greece. Business Administration from the American College of Greece.

Aristotelis Ninios, CIIA Alexandros Billis Co-founded Euroxx in 1993, vice chairman of the board of Co-founded Euroxx, vice chairman of the board of directors. He is head of Investment Banking in Euroxx. directors. He is head of operations and oversees Mr. Ninios has 30 years of experience in the brokerage all aspects of payments and settlements in the industry, and he holds a Masters in Business various departments of the company. Mr. Billis

Administration (MBA) from Kingston University (U.K., a Vice Chairman has 30 years experience, and he holds a Master of Masters of Science in Counseling Psychology and AristotelisNinios, CIIA Science in Shipping, Trade & Finance from the City Psychotherapy from the American College of Greece, and University London and a Bachelor of Science in a Masters of Science in Financial Management from the Business Administration from Boston University. University of London. He also holds a Bachelor of Science in Accounting and Finance from the American College of Greece, and he is accredited as Certified International Investment Analyst (CIIA).

Company Presentation 7 8

01 THE COMPANY

02 BROKERAGE SERVICES

03 WEALTH MANAGEMENT

04 INVESTMENT BANKING 02 02.1 Brokerage Services – Institutional Sales

With a strategic focus to Euroxx’s institutional sales team Understanding the intricacies of has adopted a cross selling institutional clientele, Euroxx is the local market by Euroxx’s attitude, not staying within the highly talented sales team allows established as the largest narrow conservative confines of independent brokerage house in stocks, and is specialized in to differentiate Euroxx from its Greece. One of the main offering a vast array of products competition. The unique ingredients to the company’s success has been the close liaison (including derivatives) to combination of local expertise between the Sales and Research institutional clients. Close and understanding of foreign departments. The experienced collaboration with the company’s markets has spearheaded investment banking department sales team has managed to has enabled us to develop Euroxx’s endeavors to open this successfully promote the research synergies with regards to segment of the market. products, providing clients with placement capacity, whilst the independent, objective and maintaining stringent ‘Chinese on-time views of Euroxx Research. walls’ between departments.

Company Presentation 9 02 02.2 Brokerage Services – Retail Investors

Since its inception, Euroxx has focused on creating a trustworthy retail clientele. Today, in the ASE, it >50,000 01 facilitates more than 50,000 clients to trade on CLIENTS stocks, bonds, and derivatives.

With embedded IT superiority, the product range increased substantially with the establishment of the International Markets Desk.>50,000 Via Fix connections and DMA access,IT Euroxx BOND ON-LINE IT TRADINGSUPERIORITY 02 offers to retailCLIENTS clients the ability to trade in internationalSUPERIORITY TRADING markets, in equities, futures, ETF’s, CFD’s, currencies, etc., via close collaboration with major international counterparts. Euroxx has traditionally been involved in bond trading, especially in Greek government bonds as the conservative nature of the Greek BOND TRADING retail investor opted for such products. With the simplification of 03 bond trading on the OASIS trading system, Euroxx has extended its bond trading facilities to incorporate major corporate bonds as well. In 2003 Euroxx launched a unique online trading system (Z-Trade), a user friendly and extremely efficient internet trading platform that provides ON-LINE TRADING 04 real time access to the company’s clientele, covering a wide array of client demands such as, online trading, portfolio and transaction monitoring, statistical information, and fundamental and technical databases. Today, more than 90% of Euroxx’s retail transactions are conducted electronically through Z-Trade, within an ecosystem of sophisticated integrated risk management systems, that allow Euroxx’s clients to interact with the market and design an effective investment strategy according to their needs. Company Presentation 10 02 02.3 Brokerage Services – Activity Data

Transaction Value (€bn) Ranking Among Competitors (Trading Volume)

0 2 3 3 3 40 10 20 30 32,7 31,9 30 20 29,2 27,4 40 44 10 50 49 51 4,1 3,7 4,6 4,4 54 0 60 2017 2018 2019 2020 2016 2017 2018 2019 2020 2021

Euroxx Total Euroxx # of Competitors

Market Share 2017 Market Share 2018 Market Share 2019 Market Share 2020

14,16% 13,66% 13,93%

13,92% 18,27% 37,84% 31,83% 31,72%

48,00% 54,51% 54,35% 67,81%

Euroxx Bank Subs Other Euroxx Bank Subs Other Euroxx Bank Subs Other Euroxx Bank Subs Other

Company Presentation 11 02 02.4 Brokerage Services – Risk Management

▪ Secured transactions and assets and thus secured investors are the focal point of Euroxx’s trading services. These get feasible through a very rigid and intensive risk monitoring plan implemented by the Company’s Compliance Department through Internal Audit practices. ▪ Internal Audit is an independent, objective, secure and advisory activity, designed to add value and improve the operation for Euroxx. It helps the organization to achieve its objectives providing a systematic scientific approach to evaluate and improve the effectiveness of risk management, audits and management procedures. ▪ Internal Audit at Euroxx is an independent audit instrument set-up to ensure that company policies are followed, and Internal Audit duties company assets are well protected. To fulfill its assigned tasks the Internal Audit Department ▪ The scope of Internal Audit is to assure diligence and examines and evaluates the following issues: compliance for company accounts / books, assets and services • Compliance of the internal audit system regarding and protect the clients. The assurance provided depends on operation, financial standing and accounting books. comprehensive information and reviews, on formalized • Reliability and thoroughness in economic and financial inspection procedures and suggestions. Internal auditing policy accounts, such as the balance sheet, budget and fiscal is designed and implemented in strict compliance with current report prepared by company Financial Administration. Stock Exchange and Hellenic Capital Market Commission • Check compliance with strategies and aims set forth by decisions. the Administration. • Rational use of company sources and assets.

Company Presentation 12 13

01 THE COMPANY

02 BROKERAGE SERVICES

03 WEALTH MANAGEMENT

04 INVESTMENT BANKING 03 03.1 Euroxx Wealth Management

EUROXX WEALTH MANAGEMENT

DISCRETIONARY ADVISORY

INTERNATIONAL OPEN RISK LEGAL & CUSTODY PLATFORM CONTROL COMPLIANCE

Euroxx’s Wealth Management unit (WM) has been established at the end of 2007 and provides extensive portfolio management services mainly to high-net-worth individuals. Portfolio Management consists of an interrelation between investment products and advisory services in a framework that aims to support investors achieving their personal goals. Tracking and managing investment risk constitutes of a fundamental principal in managing assets. WM’s major goals are: - The delivery of consistent performance and risk characteristics to all investment profiles and portfolios. - The delivery of superior investment advisory and after sales services. - The optimization of the sales process by fully utilizing both Euroxx network and sales force capabilities in order to expand Assets Under Management (AUMs).

Company Presentation 14 03 03.2 Wealth Management Services

Wealth Management Investing Services

▪ Complete and personalised ▪ Discretionary Management wealth management in ❑ Aligned with each cooperation with a investment profile / personal Relationship Model Portfolios Manager BANKING ❑ Application of ▪ Advisory and discretionary Quantitative Engineered services INVESTMENTS Models ▪ Cooperation with domestic ▪ Advisory Management and foreign banks ❑ Daily Reports / Updates ▪ Specialized department in Investment Strategy & ❑ Alternative solutions Portfolio Monitoring adjusted to the market changes (stocks, bonds ▪ Regular Investment and international Mutual Reporting PERSONAL APPROACH Funds) ▪ Providing information SPECIAL PRODUCTS & ❑ Monitoring clients' regarding tax & legal issues SERVICES portfolio and rebalancing in cooperation with proposals external partners

Company Presentation 15 03 03.3 On & Offshore Banking

CENTRAL EUROPE

CYPRUS

GREECE

Company Presentation 16 03 03.4 Why Euroxx Wealth Management

ENHANCED SECURITY Clients’ portfolios are safeguarded in onshore or/and offshore personal bank accounts (either for legal entities or private clients). Customers receive information for their portfolio on a regular basis directly from the custodian bank without any Euroxx interference. EASILY ACCESSIBLE AND SIMPLE The custodian bank allows direct access to the client in order to view his positions and follow every execution on the different asset classes. The communication may also be channeled through his/her relationship manager. OPTIMAL USE OF INFORMATION Euroxx uses state-of-the-art technology to handle market information based on international practices and rules. In addition, it has access to analyses and data from the biggest investment houses and banks abroad, without any kind of dependence, maximizing the benefits to the clients’ portfolios. HIGH LEVEL OF FLEXIBILITY & ADAPTATION The Investment Department consists of experienced staff with specialized skills. Training is a consistent process within the wealth management division for the staff to fully adapt in the changing financial environment. The goal is to provide the best service to the customers.

Company Presentation 17 03 03.5 Why Euroxx Wealth Management

SYSTEMATIC PORTFOLIO SURVEILLANCE Daily portfolio monitoring and reconciliation in order to safeguard the accuracy and the validity of the clients’ assets. Various risk management checks to make ensure that the portfolios are adapted to current market conditions and investment risk appetite. More than INDEPENDENCE AND OBJECTIVITY 150 years of Tailor-made independent solutions, offer the most appropriate investment choices to the accumulated customers through a wide range of products. Euroxx’s goals are in line with the investment experience in needs of the clients. Euroxx is an independent company acting as intermediary that the Financial safeguards the interests of its customers without encouraging them to take investment & decisions that do not match their investment profiles. Investment MINIMUM COST Services Local and international partnerships which can secure the best transaction and service costs for each customer. Euroxx receives institutional investor commission levels which is for the client’s benefit.

Company Presentation 18 03 03.6 Investment Strategy

▪ Current asset ▪ Benchmarking & ▪ Monitoring the ▪ Current asset allocation datamining market conditions allocation ▪ Investment profile ▪ Investment Allocation ▪ Investment Scenarios ▪ Investment profile scoring ▪ Portfolio optimization ▪ Stress Testing scoring ▪ Assessment of client's (Efficient Frontier) ▪ Assessment of client's experience ▪ Selection of the most experience ▪ Determination of effective investment ▪ Determination of goals and needs solutions goals and needs ▪ Strategy implementation

PROFILE INVESTMENT STRATEGY STRATEGY MONITORING PORTFOLIO ADJUSTMENT

Company Presentation 19 20

01 THE COMPANY

02 BROKERAGE SERVICES

03 WEALTH MANAGEMENT

04 INVESTMENT BANKING 04 04.1 Pertinent Experience

▪ Over 2015-20, Euroxx had leading bookrunner roles in c.€7bn of equity capital raising transactions in Greece. ▪ Euroxx has significantly strengthened its capacity to place Greek stock to international investors (e.g., accelerated equity offerings of Autohellas, , , and Lamda Development). To be noted that these equity offerings are amongst the handful transactions that have taken place in the Greek market the past few years. ▪ Additionally, Euroxx has participated as Joint Bookrunner in Eurobank’s and ’s recapitalizations as well as the Eurobond issuance of . It also pioneered the emerging domestic bond market where it is the clear market leader helping Greek companies raise over €1bn (Housemarket, OPAP, Mytilineos, Sunlight, Terna Energy, Gek Terna, B&F, Coral, Aegean, , Lamda Development etc.). ▪ Euroxx provides due diligence, asset management and other support services to major institutional investors such as Lone Star, Letter One, Balbec Capital and APS Group (IFC and EBRD also co-invested) for the acquisition of NPL portfolios (secured/unsecured) from Greek systemic banks. ▪ Euroxx provides advisory services to Greek systemic Banks for the sale of more than €1.5bn of NPL exposures. ▪ Euroxx Investment Banking team has offered advising services to various listed and non-listed companies such as Eurobank, , Hygeia DTC, Wind Hellas, ELTECH Anemos, Sciens, Ioniki Hotels, Korres, Kyriakidis Marbles, Athena ATE, Galaxidi Sea Farms, Mermeren Kombinat, Nexans, Druckfarben, FG Europe, Karatzi, etc. ▪ Euroxx research department provides independent substantiated research based on fundamental analysis for approximately 30 Greek listed companies. Their coverage includes the most important corporate sectors in Greece including Banking, Industrial, Commercial and Telecommunications.

Company Presentation 21 04 04.2 Pertinent Experience

COMPANY NAME UW EW OW TARGET PRICE Euroxx Securities provides an independent, insightful and decisive  €1.25 qualitative economic analysis, placing emphasis on the quality of both EUROBANK  €0.88 its employees and its products. The company is constantly aiming at creating investment ideas with added value for its client base, as well as  NATIONAL BANK €3.40 a clear view of the market which will involve investment opinions and PIRAEUS BANK  €1.45 perspectives, beyond the obvious. TERNA ENERGY  €15.80 The research team has a wide experience in equities research and has  €18.70 participated in multiple IPOs in the past (including Eltech Anemos, Aegean Airlines, TERNA Energy, Autohellas etc.). HELLENIC EXCHANGES  €3.50 OPAP Sectors under coverage include: OTE JUMBO  €16.50 Banks, Construction, Building Materials, Gaming, Industrials, Retail, FOURLIS  OPAP €14.50 Transportation, Real Estate, , Utilities and Telecoms. PLAISIO JUMBO  €20.80 PPC Research Department’s regular issues FOURLIS  €4.50 MYTILINEOS GROUP Daily Newsletters: Brief presentation of all the latest macroeconomic, ADMIEELVAL Holding HALCOR  €3.40 corporate and general economic news. AEGEAN AIRLINES PPC OTE  €13.00 Company Reports: Results estimates, ad hoc reaction to important AUTOHELLAS OTE MOTOR OIL  €19.00 corporate developments, regular updates on forecasts.

MYTILINEOS GROUP  €14.00 Sectoral Reports: Industry outlook with specific emphasis on the banking sector. ELVAL HALCOR  €2.70 Annual Greek Equity Strategy Note: A comprehensive view of the AEGEAN AIRLINES  €6.60 current year’s outlook. AUTOHELLAS  €10.00 Short occasional updates on macro developments, such as monthly LAMDA DEVELOPMENT  €11.00 reports on the rate of credit expansion and deposits, etc.

Company Presentation 22 04 04.3 Investment Banking Credentials

Sciens International Unibios Holdings S.A. Mytilineos S.A. Aegean Airlines S.A. Elliniki Technodomiki Alco Hellas Aluminium Investment and Holdings S.A. Anemos S.A. Industrial & Trading Company S.A. Acquisition of 43.55% by Sciens International €2,753,128.20 €25,500,000 €44,200,000 €35,134,000 €2,000,000 Acquisition Ltd Share Capital Increase Sale of 4,972,383 Treasury Accelerated Secondary Initial Public Offering Share Capital Increase Provider of Fairness Opinion Shares to Fairfax Financial Equity Offering to the BoD of Sciens International Investment and Prospectus Draft Preparation Advisor to the Seller & Joint Global Bookrunner Underwriter Prospectus Draft Preparation Holdings S.A. Placement Agent

March 2012 July 2012 October 2013 April 2014 July 2014 September 2014

Eurobank Ergasias S.A. Housemarket S.A. Hellenic Petroleum S.A. Ionian Hotel Enterprises S.A. O.P.A.P. S.A. Piraeus Bank S.A. Acquisition of 97.3% by €200,000,000 €2,038,920,000 €4,662,000,000 €40,000,000 €375,000,000 Temes S.A. & Dogus 3.5 per cent. Notes due 2022 Share Capital Increase Share Capital Increase 5.00 per cent. Notes due 2021 4.875 per cent. Guaranteed Notes due 2021 Holdings A.S. Guaranteed by Hellenic Provider of Fairness Opinion Petroleum S.A. to the BoD of Ionian Hotel Joint Bookrunner Joint Bookrunner Enterprises S.A. Advisor to the Issuer & Underwriter Underwriter Advisor to the Issuer

December 2015 December 2015 September 2016 October 2016 December 2016 March 2017

Company Presentation 23 04 04.4 Investment Banking Credentials

F.H.L. H. Sunlight S.A. Mytilineos Group S.A. Galaxidi Marine Terna Energy S.A. MLS Innovation Inc Kyriakidis Farm S.A. €6,000,000 Marbles S.A. €50,000,000 €60,000,000 €300,000,000 Acquisition of 21.14% by 5.30 per cent. Notes due 2022 4.25 per cent. Notes due 2022 3.85 per cent. Notes due 2022 Acquisition of 19,79% by 3.10 per cent. Notes due 2022 Anemokambi Holding S.A. Antiohos Holding S.A.

Provider of Fairness Opinion Provider of Fairness Opinion to the BoD of Galaxidi Sea Advisor to the Issue & Advisor to the Issuer to the BoD of F.H.L. H. Advisor to the Issue & Underwriter Farm S.A. Underwriter Kyriakidis Marbles S.A. Underwriter

April 2017 June 2017 March 2017 July 2017 July 2017 September 2017

Korres S.A. Mermeren Kombinat Diagnostic & Therapeutic Athena S.A. Terna Energy S.A. Wind Hellas Center of Athens Hygeia S.A. Telecommunications S.A. €52,200,000 Acquisition of 468,700 Voluntary Public Offer for the 12,000,000 shares Acquisition of 21.14% by Financial Advisor for the Acquisition of 0.843% by J&P Depository Notes by Pavlidis acquisition of 30,00% by G. Nissos Holdings (CY) LTD participation to the Tender Avax Group S.A. Marbles S.A. Process for the Acquisition Apostolopoulos Holding S.A. Accelerated Secondary of CYTA HELLAS Equity Offering Provider of Fairness Opinion TELECOMMUNICATIONS Provider of Fairness Opinion Advisor to the Offeror S.A. to the BoD of Diagnostic & to the BoD of Athena S.A. Joint Global Coordinator Provider of Valuation Report Therapeutic Center of Athens and Bookrunner to the Offeror Hygeia S.A. .

November 2017 December 2017 December 2017 January 2018 January 2018 February 2018

Company Presentation 24 04 04.5 Investment Banking Credentials

Autohellas Gek Terna Group S.A. Coral S.A. B&F Commercial & Garment Hygeia Hospital Tirana Nexans Hellas Industries S.A. S.A. €39,500,000 €120,000,000 €90,000,000 1,750,000 shares 3.95 per cent. Notes due 3.00 per cent. Notes due 2023 €25,000,000 Acquisition of 100.00% by Acquisition of 11.43% by 2025 4.95 per cent. Notes due American Hospital SH.A. Nexans Participation Accelerated Secondary Equity 2023 Offering Provider of Fairness Opinion Advisor to the Issue, to the BoD of Diagnostic & Provider of Valuation Report Lead Coordinator & Advisor to the Issue, Therapeutic Center of Athens to the Offeror Underwriter Underwriter Coordinator & Lead Bookrunner CoordinatorUnderwriter & Lead Hygeia S.A. Underwriter

March 2018 March 2018 April 2018 June 2018 June 2018 October 2018

Pancretan Cooperative Bank Druckfarben Hellas S.A. Diagnostic & Therapeutic S.A. Trastor REIC Center of Athens Hygeia S.A.

Acquisition of 29.63% by Cooperative Acquisition of 13.49% by Merger with Grivalia Share Capital Increase Hellenic Health Care S.A. Capital Increase Kazar Investments S.A. Properties REIC Project Europe Provider of Fairness Opinion to the BoD of Trastor Provider of Fairness Opinion to the BoD of Diagnostic & Advisor to the Issue Provider of Valuation Advisor Report to the Offeror Therapeutic Center of Athens Advisor to the Bidder Hygeia S.A. .

October 2018 November 2018 November 2018 December 2018 December 2018 March 2019

Company Presentation 25 04 04.6 Investment Banking Credentials

Terna Energy S.A. Cyprus Tourism Development Aegean Airlines S.A. FG Europe S.A. Attica Group S.A. Public Company Limited €200,000,000 €150,000,000 Acquisition of 8.98% by €175,000,000 3.60 per cent. Notes due 2026 Acquisition of 8.98% by 2.60 per cent. Notes due 2026 Acquisition of 75.08% by Silaner Investment Ltd 3.40 per cent. Notes due 2024 Vibrana Holdings Ltd Silaner Investments Limited Project Pillar/Cairo

Provider of Fairness Opinion to the BoDs of MIG and MIG Advisor to the Issue & Advisor to the Offeror Advisor to the Bidder Underwriter Underwriter Leisure Ltd Lead Underwriter

March 2019 February 2019 March 2019 March 2019 July 2019 October 2019

Ellaktor Value PLC. Perseus S.A. – Specialty Selonda Aquaculture S.A. Nireus Aquaculture S.A. Briq Properties REIC Robne Kuce Beograd d.o.o. Food Products €600,000,000 Acquisition of 10.85% by Acquisition of 20.38% by Acquisition of 25.66% by 6 3/8 per cent. guaranteed Andromeda Seafood SL Andromeda Seafood SL Andromeda Seafood SL Notes due 2024 €50,070,430.20 Share Capital Increase €475,000,000 Guaranteed by S.A. Debt Restructuring Provider of Valuation Report Provider of Valuation Report Provider of Valuation Report to the Offeror Financial Advisor to the Offeror to the Offeror Underwriter Co- Manager

December 2019 December 2019 December 2019 December 2019 December 2019 December 2019

Company Presentation 26 04 04.7 Investment Banking Credentials

Karatzi S.A. Entersoft S.A. Gek Terna Group S.A. Lamda Development S.A. Lamda Development S.A. Newsphone HellasS.A. €3,788,600 €500,000,000 €320,000,000 €33,559,450.40 Acquisition of 15.37% Acquisition of 44.93% by Initial Public Offering 2.75 per cent. Notes due 2027 3.40 per cent. Notes due 2027 5,992,759 shares by Antkar S.A. Ankostar Hellas S.A. Accelerated Secondary Provider of Fairness Opinion Equity Offering Provider of Fairness Opinion to the BoD of Karatzi S.A. to the BoD of Newsphone Advisor & Lead Manager Coordinator & Lead Coordinator & Lead Lead Coordinator & Hellas S.A. Underwriter Underwriter Bookrunner

February 2020 March 2020 June 2020 July 2020 July 2020 September 2020

Hellenic Company for SingularLogic S.A. Terna Energy S.A. Paperpack S.A. Alpha Bank S.A. Telecommunications & CVC Capital Partners Telematic Applications S.A. Acquired by Epsilonnet S.A. €25,830,000.00 & Space Hellas S.A. 2,100,000 shares Acquisition of 92.08% stake €500,000,000 Dated Acquisition of 15.40% by of S.A. Acquisition of 9,97% by Subordinated Fixed Rate Newco United Group Hellas from Marfin Investment Orlando-Equity Holding Reset Tier 2 Notes due 2031 Sale of 99.61% by Marfin Accelerated Secondary S.A R.L. Group S.A. Limited Investment Group S.A. Equity Offering Provider of Valuation Report Provider of Valuation Report Co-Manager Lead Coordinator & to the Offeror to the Offeror Advisor to the Seller Bookrunner Advisor to the Buyer

March 2021 December 2020 December 2020 December 2020 December 2020 January 2021

Company Presentation 27 Disclaimer

This document is produced for general information only and shall not be used as reference for entering into any specific transaction, and the information and opinions contained herein are not to be relied upon as authoritative or taken in substitution for the exercise of judgment by any recipient or the seeking of independent professional advice (such as financial, legal, accounting, tax or other advice) by any recipient. This document is not an offer or a solicitation to buy or to sell or to enter into any transaction, nor shall it form the basis of or be relied upon in connection with any contract or commitment whatsoever. In addition, this document and its contents shall not be construed as an advertisement, inducement or representation of any kind or form whatsoever.

Euroxx reserves the right (but is not obliged) to vary the information in this document at any time without notice and shall not be responsible for any consequences arising from such variation. The terms set forth herein are intended for discussion purposes only and are subject to the final expression of the terms of the transaction, if the investor decides to proceed with the transaction. The final terms of the transaction will be set forth in the final term sheet, any applicable agreement and/or confirmation. Although the information and opinions provided herein may have been obtained or derived from published or unpublished sources considered to be reliable and while all reasonable care has been taken in the preparation of this document, Euroxx does not make any representation or warranty, express or implied, as to its accuracy or completeness and does not accept responsibility for any inaccuracy, error or omission. All analysis, estimates and opinions contained in this document constitute judgments as of the date of this document, and such expressions of opinion are subject to change without notice. Investors should not place undue reliance on any theoretical historical information regarding the performance of the product/investment, and any reference to past performance should not be taken as an indication of future performance.

Euroxx is not giving any warranties, guarantee or representation as to the expected or projected success, profitability, return, performance, result, effect, consequence or benefit of any investment/ transaction. No Euroxx group company or entity therefore accepts any liability whatsoever for any loss arising, whether direct or indirect, from the use of or reliance on this document or any part of the information provided. Structured transactions are complex and may involve a high risk of loss including possible loss of the principal invested. Prior to entering into any transaction, each investor/subscriber should fully understand the terms, conditions and features of the product/investment as well as the risks and merits of entering into any transaction/investment, and consult with their own legal, regulatory, tax, financial and accounting advisors before making the investment. Investors/subscribers should be in a position to fully understand the features of the investment, be financially able to bear a loss of their investment and be willing to accept such risk. Euroxx is not acting as financial adviser to, nor in any fiduciary capacity to or for the investor/subscriber in any investment.

Euroxx and/or persons associated or connected with any of them may affect or have effected a transaction for their own account in a product/an investment described in this document or any related product before or after this document is published. On the date of this document, Euroxx and/or persons associated or connected with it and their respective directors and/or representatives and/or employees may take proprietary positions and may have a long or short position or other interests or make a market in a product mentioned in this document, or in derivative instruments based thereon, and may purchase and/or sell the investment(s) at any time in the open market or otherwise, whether as principal or as agent or as market maker. Additionally, Euroxx within the previous months may have acted as an investment banker or may have provided significant advice or investment services to the companies or in relation to a product mentioned in this document.

This document is confidential and intended solely for the use of Euroxx and their affiliates, their directors, officers and/or employees (all of the above collectively, “Euroxx”) and the persons to whom this document has been delivered. It may not be distributed, published, reproduced or disclosed by any recipient to any other person, nor may it be quoted or referred to in any document, without the prior written consent of Euroxx.

© EUROXX 2020

Company Presentation 28 CONTACT DETAILS

Euroxx Securities S.A. 7 Paleologou Str., Chalandri 15232, Athens GREECE

+30 210 6897400

+30 210 6879401

[email protected] www.euroxx.gr

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Company Presentation 29 NOTES

30 NOTES

31 © EUROXX 2020