Comments on press articles

ANNOUNCEMENT

Commenting on recent articles and for the accurate information of the investor community, PPC clarifies that the net (after tax) profits of IPTOS.A.in 2015 amounted to € 35.5 m. and not € 62 m., as mentioned in the articles. Moreover, as already clarified by PPC in a previous announcement dated 5.10.2016, debt maturities of the Parent Company for the year 2017 amount to € 640 m. and not € 787 m., as mentioned in these articles. The amount of € 787 m. also included debt maturities of the Parent Company of the last quarter of 2016.

Athens, December 29, 2016