PERFORMANCE TECHNOLOGIES S.A.

Completion of the Acquisition of Ascentum

Further to its previous announcements, the public limited company under the corporate name “Performance Technologies SA” (hereinafter the “Company”) informs the investment community, in accordance with the provisions of Article 101 of Law 4548/2018, Regulation (EU) 596/2014 (MAR) and the Regulations of the Athens Exchange, that on Friday, 6 March 2026, the acquisition of all 5,600 corporate shares of the limited liability company under the corporate name “Ascentum Real Estate and Tourism Limited Liability Company” (hereinafter “Ascentum”) was completed. Each share has a nominal value of thirty euros (€ 30.00), and the total consideration amounted to one million five hundred thousand euros (€ 1,500,000.00), paid in cash.

This acquisition forms part of the Company’s strategic development plan, contributing to the gradual reduction of its dependence on the uncertainty associated with lease agreements while securing the availability of unified and functionally suitable premises for the uninterrupted development of its operations. Establishing its offices in a privately owned building environment enables the Company to implement targeted energy and operational upgrades, effectively responding to the increasing space requirements of its workforce, which has grown significantly in recent years.

In addition, the property’s location, with direct access to public transportation (metro), supports both employee convenience and the Company’s objectives to promote sustainable practices.

It is noted that this move does not form part of a broader strategy to enter the real estate sector, but rather supports the continuity and efficiency of the Company’s core activities by reducing operational risks and providing long-term cost stability.

The acquisition price of Ascentum is aligned with the current market yields in the area, as reflected in the independent valuation report. The transaction is expected to have a positive impact on future operating cash flows, as the saving of approximately € 91 thousand per year in lease expenses for the total area of 1,196.78 sq.m. (two basement areas, ground floor and first floor) measurably strengthens operating profitability (EBITDA). Indicatively, according to the financial statements as of 31 December 2024, Ascentum reported revenue of € 90,788, net profit after tax of € 2,220, and total assets of € 901,272.

The Chairman of the Board of Directors and Chief Executive Officer of Performance Technologies, Dionisios Chintzidis, stated: “The acquisition of Ascentum forms part of our long-term strategy for operational stability and sustainable growth, as the location of its properties facilitates the use of public transportation by employees and visitors, thereby contributing, among other things, to the reduction of the environmental footprint of our activities. The location also offers immediate proximity to key corporate and banking clients. At the same time, the transaction is expected to contribute to the reduction of operating expenses and the improvement of our operating profitability, while ensuring the uninterrupted coverage of our teams’ current and future expansion needs and protecting the Company from potential increases in property leasing costs.”

For further information, please contact Ms. Evangelia Papanikolaou, Investor Relations (email: ir@performance.gr, tel.: +30 698 8205711).