MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (the “Company”) hereby announces that its Board of Directors in its meeting held on 24 October 2025 decided to grant a special authorization in order for its subsidiary IREON INVESTMENTS LTD (“IREON”) to acquire from NRG SUPPLY AND TRADING SINGLE MEMBER ENERGY S.A. (“NRG”), also a subsidiary of the Company, a 60% stake in the share capital of AUTOMOTIVE SOLUTIONS S.A. (“AUTOMOTIVE SOLUTIONS”). In particular, the Company’s Board of Directors provided its approval for IREON, as buyer, to enter into a Share Purchase Agreement (the “SPA”) with NRG, as seller, for the acquisition of 13,134 registered shares issued by AUTOMOTIVE SOLUTIONS for a total consideration amount of six million three hundred thousand euros (€6,300,000.00) (the “Transaction”). The said 13,134 shares correspond to 60% of the share capital of AUTOMOTIVE SOLUTIONS.

Pursuant to articles 99-101 of Law 4548/2018, (a) the Company and NRG are related parties, as the Company holds 100% of the share capital of NRG and (b) the Company and IREON are related parties, as the Company holds 100% of the share capital of IREON.

The decision to grant the above special authorization by the Company’s Board of Directors was taken based on the fairness opinion report dated 2 October 2025 and issued pursuant to article 101 par. 1 of Law 4548/2018 (the ”Fairness Opinion Report“), of the auditing company “Q.A.S. Certified Auditors Accountants Ltd.”, which, based on its work performed as described in the Fairness Opinion Report and which concerns the valuation of 60% of the issued shares of AUTOMOTIVE SOLUTIONS and the review of the financial terms of the SPA that was brought to its attention, concluded that the Transaction is fair and reasonable and is not expected to prejudice the interests of the Company, its minority shareholders or any non-related parties, as provided for under article 101 par. 1 of Law 4548/2018.

The Fairness Opinion Report of “Q.A.S. Certified Auditors Accountants Ltd.” is available on the Company website www.moh.gr at: Investor Relations / Regulatory Information / Stock Exchange Announcements / 2025.

According to article 100 par. 1 of Law 4548/2018, the special authorization granted by the Company’s Board of Directors for the completion of the Transaction and the transfer of the abovementioned 13,134 shares issued by AUTOMOTIVE SOLUTIONS is valid for six (6) months.

The present announcement is issued in accordance with article 101 paras 2 and 3 of Law 4548/2018.

Maroussi, 24 October 2025

The Board of Directors