Trade Estates REIC : Announcement - Dividend Distribution FY23

Announcement

Dividend Distribution Fiscal Year 2023

TRADE ESTATES REAL ESTATE INVESTMENT COMPANY (hereafter "the Company") announces that the Annual General Assembly Meeting of its shareholders on June 14, 2024, resolved on the distribution of dividend of net amount of eight cents of euro (€0.08) per share and €9,642,301.68 in total.

It is noted that under the provisions of art. 31 of L.2778/1999, as amended by art. 53 of L.4646/2019 and for the distributed dividends to the shareholders of a REIC, the provisions of art.62 and art.64 of L. 4172/2013 do not apply, and the distribution is exempt from the withholding tax rate for dividends.

As of Wednesday, June 19, 2024, the Company's shares will be traded on the Athens Exchange without the right to dividend (ex-dividend date).

Beneficiaries of the dividend are those registered in the records of the Dematerialized Securities System (DSS) managed by the " Hellenic Central Depository S.A." on Thursday, June 20, 2024 (record date).

The dividend payment date is set of Wednesday, June 26, 2024.

The payment of the dividend will be made by the paying Bank, "Eurobank SA" through the operators of the securities accounts in the DSS, as follows:

1. Through the Participants of the beneficiaries registered with the DSS. (Banks and Investment Companies), in accordance with the provision of the Operating Regulation of the Central Securities Depository and the relevant decisions.
2. Especially concerning the dividend payment to heirs of deceased beneficiaries whose titles are kept in the Special Account of their Share in the D.S.S., under the management of ATHEXCSD, the dividend payment process will be carried out after the completion of the legalization of the heirs through the network of Eurobank SA.

Dividends that will not be received within 5 years, i.e. until 31.12.2029, are prescribed in favor of the Greek State.

Maroussi, June 14, 2024

Investor Relations and Corporate Announcements Department

TRADE ESTATES R.E.I.C| 3, H. Sabbagh - S. Khoury Str., GR 151 25 Maroussi| [e-mail]

HCMC License Number15/838/28.02.2019 | Commercial Registry Number 160110060000