In the first four months of 2025, sales in Greece and Cyprus were influenced by the earlier-than-usual occurrence of major seasonal events such as Carnival and Easter.

Following the second half of May, the sales growth rate has shown signs of gradual normalization, a trend expected to be more better reflected in June.

• JUMBO Group's sales for May managed a +12% y-o-y increase.
• For the first five months of the year (January – May 2025), Group sales were up by +8% y-o-y.

Management emphasizes that a full evaluation of the Group's financial performance for 2025 is best to be conducted after the completion of the first half of the year.

We believe, there has been a remarkable shift in stock market conditions.

In the ongoing bras de fer between the markets and the new U.S. administration, sentiment is currently supported by hopes of a 'golden compromise' — even though such an outcome has yet to take shape, just yet.

• Nevertheless, uncertainty is still present and surrounds the future of global trade and the shifting dynamics in transportation and the distribution of goods

Under current market conditions, and within the framework of the Group's capital strategy, Management deems it is prudent to suspend the share buyback program and revert to cash distributions as a means of rewarding shareholders.

• At the forthcoming Annual General Meeting, the Company's Management will propose, among other, a dividend distribution of EUR 68 million (0,50 EUR per share), based on a total of 136.059.759 registered shares of the Company, from the profits of the fiscal year 2024.

As of March 27th, 2025, Jumbo had repurchased 1.694.198 of its own shares, representing 1,25% of the total number of shares.

•  Considering the number of treasury shares currently held by the Company, the distribution of a total amount of EUR 68 million corresponds to a gross amount of EUR 0,5063 per share.

According to the updated Financial Calendar, the Annual General Meeting will be held on Wednesday, July 9th.

Subject to approval by the Annual General Meeting of shareholders, the ex-dividend date is set for July 21st, 2025.

The record date for shareholders entitled to receive the dividend will be July 22^nd, 2025. The dividend payment will commence on July 24th, 2025.

It is noted that on March 31st, 2025, Jumbo completed the payment of an extraordinary cash distribution totaling EUR 63,5 million.

Sales performance by country: 

Greece: 

In May 2025, the net sales of the parent company - excluding intragroup sales – increased by c. +14% y-o-y.

Overall, for the first five months of 2025 the net sales of the parent company - excluding intragroup sales – increased by c. 9,6% y-o-y.

Cyprus

The network's sales increased by c. +14,5% y-o-y in May 2025. Overall, for the first five months of 2025 the network's sales increased by c. 8% y-o-y.

Bulgaria

The network's sales increased by c. +7% y-o-y in May 2025. Overall, for the first five months of 2025 the network's sales increased by c. 3% y-o-y.

Romania

The network's sales (including the on-line store www.e-jumbo.ro) increased by c. 8% y-o-y in May 2025, despite the two rounds of elections. Overall, for the first five months of 2025 the network's sales increased by c. 7% y-o-y.