GEK TERNA Real Estate Construction S A : Resolutions of the Reiterative Bondholders Meeting of the CBL 2021

Announcement

GEK TERNA S.A

(hereinafter, the "Company")

Information regarding the resolutions of the repeat Bondholders Meeting of the common bond

loan of an amount of €300,000,000 of the Company (hereinafter, the "CBL 2021")

The Company announces that on 26 April 2024 the repeat Meeting of the Bondholders of the bond loan issued pursuant to the Common Bond Loan Programme of an amount up to €300,000,000 and Agreement on Appointment of the Bondholder Agent, dated 01.12.2021 (hereinafter, "CBL 2021 Programme") took place in accordance with the invitation to a Meeting of the Bondholders of the CBL 2021 dated 12.04.2024, by electronic means without the physical presence of the Bondholders.

Bondholders representing 88,542 bonds, out of 300,000 bonds in total, i.e. 29.54% of the total outstanding principal amount of the CBL 2021 at the time of the Meeting, participated in the repeat Meeting, either in person or by proxy (it is noted that for the calculation of the quorum were not taken into account 297 treasury bonds), and the Meeting resolved on all items of the Agenda, as follows:

First Agenda Item:The Meeting approved with 88,499 votes in favor (99.95% of those present), and 43 votes against (0,05% of those present), the amendment of clause 9.2.1 of the CBL Program 2021 as follows: "throughout the period spanning from the Calculation Period commencing after the Bond Issue Date until the end of the Calculation Period ending on 31.12.2023, the Total Debt to Equity Ratio shall not exceed 3", and the corresponding adjustment to Annex A of the CBL Program 2021 by removing the calculation of the Total Debt to Equity Ratio for subsequent Calculation Periods, and authorized the Bondholders' Representative to sign an amendment agreement to the CBL Program 2021.

Second Agenda Item:The Meeting approved with 88.499 votes in favor (99.95% of those present), and 43 votes against (0.05% of those present), the amendment of clause 9.2.2 of the CBL Program 2021 as follows: "throughout the Term Loan, the Financial Liabilities shall not exceed (i) €1,100,000,000 throughout the period from the Calculation Period starting after the Bond Issue Date until the Calculation Period ending on 31.12.2023, and (ii) €1,900,000,000 for the remaining period until the Bond Maturity Date", and authorized the Bondholders' Representative to sign an amendment agreement to the CBL Program 2021.

Athens, 26 April 2024

1