Announcement of Regulated Information of Law 3556/2007

Athens, 18 June 2024

"PRODEA REAL ESTATE INVESTMET SOCIETE ANONYME" (the "Company") in response to a query from the Hellenic Capital Market Commission following a relevant publication in the electronic press and in accordance with the Athens Stock Exchange Regulation and Law 3556/2007, announces that the procedure provided for in Articles 99-101of Law 4548/2018 regarding the granting of a permission by the Company's Board of Directors is in progress, for the conclusion of a conditional share purchase agreement with the company "Flowpulse Limited," under which the Company will purchase, subject to the fulfillment of the condition mentioned below, and within the framework of a private takeover bid, as stipulated in the Articles of Association of the company "MHV Mediterranean Hospitality Ventures PLC," the shares "Flowpulse Limited" holds in "MHV Mediterranean Hospitality Ventures PLC," which correspond to approximately 20% of its share capital and which are listed on the Emerging Companies Market of the Cyprus Stock Exchange.

The share purchase must be completed, unless otherwise agreed by the parties, by May 31, 2025, subject to the occurrence of events that make the transaction feasible. If the condition is not met in a (reasonably) satisfactory to the Company manner or if May 31, 2025 passes without the condition being met and the parties have not agreed otherwise, the agreement will be terminated without any penalty.

The total consideration, amounting to 92.4 million euros, will be paid gradually in installments and is proportional to the corresponding consideration and repayment installments that the Company agreed to pay to the company "Ascetico Limited" for the acquisition of 55% of "MHV Mediterranean Hospitality Ventures PLC."

The Company commits to keeping the investment community informed of any significant developments regarding the completion of the transaction.

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Prontea Ependyseon Se Akiniti Periousia AE published this content on 18 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 June 2024 11:49:23 UTC.