ANNOUNCEMENT REGARDING A HELLENIC COMPETITION COMMISSION DECISION

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (the Company) announces that on 30.09.2024 it received a decision of the Hellenic Competition Commission regarding the imposition of a fine of Euro 9.2 million on the Company for alleged – as indicated by the Commission – obstruction of an ex-officio audit performed by the Commission at the Company's Headquarters in September 2021. Moreover, with the same decision a Euro 50,000 fine was imposed on the Company's CEO Mr. Ioannis V. Vardinoyannis.

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