ANNOUNCEMENT

Paiania, November 30, 2021 - The Société Anonyme with the corporate name "INTRACOM S.A. HOLDINGS" (d.t. “INTRACOM HOLDINGS”), following its relevant notification issued on 19.10.2021, announces that its subsidiary, by 82,64%, company under the name “INTRADEVELOPMENT SOCIETE ANONYME OF REAL ESTATE DEVELOPMENT (“INTRADEVELOPMENT”) completed on 26.11.2021 the sale and transfer of the total number of its shares in the company “Devenetco Ltd”, i.e. 50%, to the company "AMICROSS LTD ", according to the terms and conditions of the corresponding binding agreement executed on 18.10.2021. “Devenetco Ltd”, through its subsidiaries, owns real estate properties at “Kalo Livadi”, Mykonos, over which a project of hotels and villas is under development. The final transaction consideration amounts to  € 32,389,278.35.


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