ANNOUNCEMENT

GEK TERNA S.A. (the “Company”) informs the Investors that the Board of Directors of the Company decided on 18 January 2024 the definitive cessation of share buy-backs in relation to the programme, approved by the Extraordinary General Meeting of Shareholders on 20.10.2022.

By virtue of this program, a total of 2,799,168 treasury shares were acquired for a total consideration of  EUR 33,438,054.63 (i.e. EUR 11.9457 per share). The total number of treasury shares currently held by the Company directly and indirectly amounts to 10,295,406 shares (i.e. 9.95% of the total outstanding shares of the Company) with an average cost price of EUR 7.2929 per share.

Athens, 18 January 2024