August 11, 2021

, 2015

Greek Market Daily

TODAY’S FOCUS The market rose by 0.46% yesterday on higher volumes. Cenergy (+3.72%),Hellenic ATHEX Data Petroleum (+2.14%) and Mytilineos (+2.05%) were the top outperformers, while Piraeus Close Daily YTD Bank (-0.90%), Piraeus Port Authority (-1.00%) and Fourlis Holdings (-1.64%) were the General Index 897.15 0.46% 10.90% top underperformers. Turnover increased by €12.1m d-o-d to €44.2m with the highest FTSE-Large Cap 2,154.66 0.49% 11.37% FTSE-Mid Cap 1,443.35 0.25% 30.34% trading activity in Mytilineos (€8.3m), Eurobank (€4.8m) and (€4.2m). Euroxx Research Euroxx Market Cap (€m) 64,224 +0.55% +20.2% We expect increased volatility today ahead of the MSCI announcements Turnover (€m) 44.17 37.93% 76.66

MACRO/POLITICS NEWS 920 340 320 900 300 ➢ The Greek PM announced yesterday a series of relief measures to 880 280 260 860 compensate and support those affected by the devastating wildfires, 240 220 including immediate compensation, rent subsidies and suspension of 840 200 financial obligations for all fire victims, as well as restoration projects, and 820 180 800 160 medium- and long-term plans to reconstruct the productive foundations of 140 780 120 Evia’s economy; in other related news, PPC also said that it will cancel write 100 760 80 off all debts related to energy charges, regardless of whether they are 740 60 40 current or expired, on bills of households destroyed by recent fires 720 20 700 0 12-Jul 14-Jul 16-Jul 20-Jul 22-Jul 26-Jul 28-Jul 30-Jul 3-Aug 5-Aug 9-Aug ➢ Reportedly, similar to other EU countries, ’s PDMA plans to issue in Turnover General Index 2022 Green government bonds - press FTSE-Large Cap Movers MARKET NEWS Cenergy 3.72% 2.14% MSCI will announce the results of its Aug’21 Quarterly Index Review today Mytilineos 2.05% 1.90% shortly after 11:00pm CET; All changes will be made as of the close of 31Aug’21 PPC 1.20% Note that currently there are 5 stocks in MSCI Greece Standard Index, namely OTE, -0.44% OPAP, Jumbo, Eurobank and . -0.62% -0.90% Piraeus Port Authority -1.00% Fourlis Holdings -1.64% CORPORATE NEWS

Macro Data ➢ ADMIE Holding (owner of the 51% stake in IPTO S.A.) IPTO announced the successful completion of the 3m Euribor -0.54% -0.2 +0.2 tender regarding the cable section of Santorini-Naxos electrical 20yr Bond yield 0.88% -0.8 -11.9 interconnection; the temporary contractor for the project, with an initial 10yr Bond yield 0.55% -0.1 -7.9 budget of €100m is Hellenic Cables as the underbidder at the price of 10yr Bond spread +101.4 +0.4 +57.1 €79.5m; the contractor will be finalized in the coming days, as provided by USD / Euro 1.17 -0.2% -4.1% Crude Oil 68.67 3.3% 41.5% the legal procedures GDP growth -2.3% Q1’21 - CPI +1.0% June’21 - ➢ Ellaktor Announced that (*) in unless otherwise stated on 6Aug’21 Aktor’s €98.6m SCI was undertaken fully by Ellaktor and the Source: Bloomberg payment of €98.6m took place; moreover, following a special authorization Corporate/Macro Calendar by Aktor’s BoD on the timely fulfillment of its contractual obligations to 11/08/2021: MSCI – Quarterly Index Review Date

the bond lenders, Aktor proceeded on 10Aug’21 to fully and complexly

repay (including interest and any expenses) the Bridge Financing 12/08/2021: Coca Cola Hellenic - H1’21 Results & CC amounting to€50m 12/08/2021: PHOENIX VEGA MEZZ PLC- Commencement of trading 13/08/2021: Ellaktor – Commencement of Trading of . the SCI shares 20/08/2021: FTSE Russell GEIS – Semi Annual Index . Review Date 26/08/2021: Alpha Bank - H1’21 Results 26/08/2021: Hellenic petroleum - H1’21 Results 31/08/2021: Fourlis - H1’21 Results 31/08/2021: Motor Oil - H1’21 Results 31/08/2021: Eurobank - H1’21 Results

Please refer to important disclosures in the Disclosure Appendix

August 11, 2021

IMPORTANT DISCLOSURES Analyst Certification The analysts identified on the bottom of this report certify that the written views about each company and security he/she covers reflects only his/her personal opinions and estimates and his/her compensation are not linked to any investment banking services provided by Euroxx.

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Coverage Universe Coverage Universe % Companies covered that are Rating Explanation (#) in the last (%) investment banking clients quarter Overweight Expected total return >10% 20 87% 0% Equalweight Expected total return betw een -10% and +10% 0 0% 0% Underweight Expected total return < -10% 0 0% 0% Under Review Recommendation and Target Price are subject to revision 3 13% 0% *The target price and rating have a time horizon of one year

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