Αnnouncement of Free Distribution of Treasury Shares under the Stock Award PlanOR DISPOSAL OF OWN SHARES
The company under the corporate name “LOULIS FOOD INGREDIENTS S.A.” (the “Company”) informs the investment community that on 06.03.2026 it distributed free of charge, through over-the-counter transfers, a total of 16,390 treasury common registered shares of the Company to nine (9) senior executives of the Company and its subsidiaries (the “Beneficiaries”).
The total value of the above shares amounted to €60,643, based on the closing price of €3.70 per share of the Company on 05.03.2026.
The Stock Award Plan for the Beneficiaries was established pursuant to the resolution of the Annual General Meeting of the Company’s shareholders dated 21.05.2025, in accordance with the provisions of Article 114 of Law 4548/2018. The Board of Directors of the Company, by its resolution dated 23.05.2025, determined the terms of the Plan and its Beneficiaries, while by its resolution dated 04.02.2026 it determined the Beneficiaries of the Plan for the financial year 2025.
The above shares originate from treasury shares acquired by the Company under a share buyback programme approved by the General Meeting of the shareholders on 21.05.2025.
The shares granted to the Beneficiaries are subject to a mandatory three (3) year holding period from the date of their acquisition, in accordance with the Company’s Stock Award Plan.
Following the above distribution, the Company holds 24,030 treasury shares in total, representing 0.1404% of the Company’s total number of shares.