Following the letter of the Hellenic Capital Market Commission dated 24/2/2022, the company LOULIS MILLS SA informs the investing public about the following:

Regarding sales to the countries involved, the Group does not have a significant report as its sales in them are immaterial.

Regarding the purchases of cereals from these countries and especially from Russia, during the previous year they constituted 17% of the value of the total cereals milled by the Group. The Group imports raw materials from several countries and thus has alternatives in case supply is not possible from the countries involved.

At the present time it is not possible to estimate the potential impact on the turnover, results and financial position of the Group, as we can not yet predict the medium-term results of the current engagement.

The company is constantly monitoring the developments in order to take the appropriate measures for the smooth continuation of its activity.