Today, the 20^th day of October 2022, the Shareholders of the company GEK TERNA S.A. held an Extraordinary General Assembly, in which 150 Shareholders holding 55,723,064 shares and voting rights, thus a percentage of 57.00 % of the share capital, participated and the following decisions were made:

Item 1: The General Assembly unanimously with 55,723,064 votes, approved the conversion of the duration of the Company to an indefinite period and the relevant amendment of Article 4 of the Articles of Association. 

Item 2: The General Assembly approved with 55,683,681 votes in favor (99.929 % of those present), 36.748 against (0.066 % of those present) and 2,635 abstain (0.005 % of those present), the share buyback programme up to percentage of 10% of the total shares of the Company, with a minimum purchase price of thirty euro cents (0.30 €) and a maximum price of thirty euros (30.00 €), which will take place within a period of twenty-four months, i.e. no later than October 19, 2024, and authorized the Board of Directors of the Company to comply with all relevant legal formalities.