MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces that the Annual Ordinary General Meeting of June 18, 2025 approved the share buyback programme in accordance with article 49 of the Law 4548/2018 as it is in force and provided authorization to the Board of the Company to carry out any action necessary in connection to the procedural matters relating to the programme. More specifically, the Assembly approved the purchase of up to 5,000,000 Company shares, at a maximum price of Euro 34 per share, minimum price of Euro 10 per share, and programme duration from July 1, 2025 until May 31, 2027. The shares acquired by the Company will be granted to members of the Board, senior executives, and Company personnel, as well as to the personnel of affiliated corporations, as defined in article 32 of the Law 4308/2014, in order to fulfil the Company's obligations under the approved employee share based incentive, reward, and retention schemes in accordance with the articles 113 and 114 of the Law 4548/2018. Moreover, any remaining shares will be sold through the Athens Stock Exchange, following a decision by the Board, provided it is deemed to be in the best interests of the Company.

Maroussi, 23 June 2025

The Board of Directors