Further to the relevant announcements dated 2 December 2019 and 11 February 2020, MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby informs the investment public that the transaction for the acquirement of exclusive shareholder control of the companies ALPHA SATTELITE TELEVISION S.A. (it operates the television channel ALPHA), ALPHA RADIO S.A. (it operates the radio station ALPHA 98.9 in Attika) and ALPHA RADIO KRONOS S.A. (it operates the radio station ALPHA 96.5 in Salonica) by MEDIAMAX HOLDINGS LIMITED ^(*) was completed on 27 July 2020.

Maroussi, 28 July 2020

The Board of Directors

(*) An 100% subsidiary of MOTOR OIL (HELLAS) CORINTH REFINERIES S.A.