Announcement of the Commencement of the Share Buyback Program, pursuant to the resolutions of the Ordinary General Meeting of 24 June 2025
It is hereby announced by the société anonyme under the name “European Innovation Solutions S.A.” with the distinctive title “E.In.S. S.A.” (formerly “Euroconsultants S.A.”) that, further to and in implementation of the resolutions of the Repeat Ordinary General Meeting of Shareholders dated 24 June 2025 and the relevant Board of Directors’ resolution dated 4 November 2025, the Share Buyback Program will commence tomorrow, Wednesday, 5 November 2025, in accordance with the terms resolved as above and within the limits of MAR/Commission Delegated Regulation (EU) 2016/1052.
In particular, as already announced:
The maximum number of shares that may be acquired under the program may reach up to 10% of the Company’s paid-up share capital at the time of implementation of the program.
The minimum purchase price per share is set at EUR 0.50 and the maximum purchase price at EUR 3.00.
The duration of the program is set, pursuant to Article 49(1) of Law 4548/2018, at twenty-four (24) months from the date of the General Meeting resolution, i.e., from 24 June 2025.
The purposes of acquiring own shares (treasury shares) include: creating a stock for future strategic actions of the Company, such as mergers or acquisitions; creating a stock for future share-based incentive schemes for executives or employees of the Company (stock option / stock grant); and enhancing the liquidity of the Company’s share on the Athens Stock Exchange.
The General Meeting granted the Board of Directors the necessary authorization to take all actions required for the implementation of the above program, including the ability, at its discretion, to mandate the execution of the program, in whole or in part, to a credit institution or an investment services firm.
The Board of Directors will fully comply with the obligations for disclosure and investor information in accordance with the applicable legislation and the decisions of the competent supervisory authorities.
The purchases of own shares will be carried out on-market, and the transactions will be executed by the Athens Stock Exchange member “KYKLOS A.X.E.P.E.Y.” (investment services firm).
Purchases of own shares under the Program will be made taking into account the Company’s capital adequacy and liquidity, and any purchases will be effected subject to compliance with all applicable laws and regulations.
This announcement is issued in accordance with the Rulebook of the Athens Stock Exchange, Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014, and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.