Athens, November 7, 2019

Announcement regarding the publishment of the Cross Border Merger Joint Plan

GR. SARANTIS S.A. (the Company) informs the investors that the Joint Plan of a Cross Border Merger regarding the absorption of its 100% affiliate Cypriot limited liability company named GR. SARANTIS CYPRUS LIMITED, dated October 25^th 2019, was published in the GENERAL COMMERCIAL REGISTRY (G.E.MI.) on November 5^th, 2019 and in the CompanyΆs website on November 6^th, 2019.