The Board of Directors of GEK TERNA S.A. (the “Company”) in the meeting that took place on 26.02.2020, resolved, inter alia, on the issuance of a common bond loan, amounting up to five hundred million Euros (€ 500,000,000) (the “Bond Loan”) and its public offering to investors. The specific terms of the Bond Loan and the public offer will be included in the Common Bond Loan Programme and the Prospectus, which shall be approved by the Hellenic Capital Markets Commission and will be made available to the investors.

Through the above issuance, the Company seeks to finance the further development of its Group through existing and/or new investments.

The timetable of the issuance of the Bond Loan and the public offering will be specified in the immediate future, after obtaining the approvals required by the law and depending on the financial markets' conditions.

The issuance of the Bond Loan is, inter alia, conditional upon the amendment of certain terms of the Common Bond Loan Programme of an amount up to €120,000,000 and Agreement on Appointment of the Bondholder Agent, dated 22.03.2018, by virtue of which the Company issued on 04.04.2018 a common bond loan, whose bonds are listed under the category of fixed-income securities on the ATHEX regulated market. For this purpose, the Company's Board of Directors will convene the Bondholders Meeting of the above common bond loan.

The Company will keep the investors informed with further announcements.