Decision of Board of Directors for collection improvement policy

Announcement

PPC S.A. announces that its Board of Directors, during its meeting held today, decided to approve - as a measure for the improvement of the collectabity of the Company - the provision of incentives to its consistent business customers, by returning, through offsetting, an amount of up to 10% on the energy component of electricity bills issued henceforth, under the condition that electricity bills and any installments from settlements are paid on time.

Athens, February 2, 2016