The Company under the name "TECHNICAL OLYMPIC S.A." (hereinafter the Company) informs the investors that its 100% subsidiary company under the name "GREENHILL VOULA ESTATES REAL ESTATE AND CONSTRUCTION S.A. " (hereinafter the Subsidiary) has proceeded with the issuance of a Common Secured Bond Loan with a total nominal value of up to twenty-five million euros (€25,000,000) with a duration of five years, in accordance with the provisions of Law 4548/2018, as in force. The Loan is secured, among others, by a pre-notation of mortgage on a property owned by the Subsidiary in Voula, Attica. The Loan was fully subscribed by a Greek credit institution, while the Company has guaranteed in favor of the Subsidiary. The proceeds of the Loan will be used by the Subsidiary for the financing of the development and construction of the residential complex located in Voula, Attica.