JUMBO S.A.

Announcement for the commencement of the process of merger through absorption of the subsidiary “HERALD GREECE 2”

JUMBO S.A. (hereinafter, the “Company”) in the context of the accurate and timely information of its investors, informs the investment community that by virtue of the resolution of the Company’s Board of Directors dated 12.12.2025, as well as the resolution of the Board of Directors dated 12.12.2025 of its 100% (non-listed) subsidiary company under the corporate name “HERALD HELLAS SINGLE-MEMBER SOCIÉTÉ ANONYME FOR REAL ESTATE DEVELOPMENT AND SERVICES 2” (hereinafter the “Absorbed Company”), the commencement of the merger process by absorption of the Absorbed Company by the Company was approved (hereinafter the “Merger”).

The transformation balance sheet for the Absorbed Company is dated as of 31.12.2025.

The Merger will be carried out through the absorption of the Absorbed Company by the Company, in accordance with the provisions of Articles 7–21 (excluding the provisions of cases (b), (c) and (d) of paragraph 2 of Article 7, Article 9, Article 10, case (b) of paragraph 2 of Article 18 and Article 19), Articles 30–35 of Law 4601/2019, as well as the relevant provisions of Law 4548/2018 and Law 5162/2024, as in force.

The Company will inform the investing community of any developments regarding the Merger process.