«ELLAKTOR S.A.»

V.A.T. No: 094004914,

General Commercial Registry (G.E.MI.): No.: 000251501000

Announcement

According to articles 99 & 100 par.1 of Law 4548/2018

(Disclosure of Transactions with Related Parties)

ELLAKTOR SA (hereinafter the "Company"), announces to the investment community that the meeting of its Board of Directors on 14.11.2024 resolved, in accordance with the provisions of articles 99 & 100 par.1 of Law 4548/2018, as in force, on the following:

The approval and granting of permission to the Company, in its capacity as Bondholder (hereinafter the "Bondholder"), to enter into a Common Secured Bond Loan Agreement along with a Bond Subscription Agreement with the affiliated and issuing company "REDS ANONYMOUS REAL ESTATE DEVELOPMENT AND SERVICES COMPANY" and the distinctive title "REDS S.A. Ε." (the "Issuer"), in the amount of up to Euro sixty-five million (€65,000,000.00), without the right to convert it into shares, of 7 years duration and the full subscription by the Company of the total amount of the Bond Loan, for the purpose of partially financing the Issuer for the acquisition of new property assets in accordance with its business objectives and investment plan (the "New Properties").

The Issuer will pay interest calculated on the nominal principal amount of each Bond, at a rate equal to one-year EURIBOR plus a margin of 2.65%, payable by the Issuer to the Bondholder on the date of redemption of the Bonds, in accordance with the specific provisions set out in term 8 of the contract under the title "Programme for the issuance of a Common Secured Bond Loan along with a Bond Subscription Agreement", issued by REDS S.A., together with all Appendices thereto (the "Bond Loan Agreement") and the terms provided for in Articles 7 and 15 of the Bond Loan Agreement relating to the transferability of the Bonds and the Termination Events.

It is also noted that, to secure the Company as Bondholder, against any kind of claims arising from the Bond Loan, the Issuer is obliged to provide to the Bondholder security (pledge-assignment) on the total amount that the Issuer will receive from the sale of a property in Bucharest, Romania. Furthermore, the Bondholder will be entitled to register a prenotation of mortgage on the New Properties to be acquired by the Issuer, as specified in the Bond Loan Agreement.

Kifissia, 15^th, November, 2024