K. Sarantopoulos Mills S.A. sells property in Piraeus

The Board of Directors has approved the transfer of a company-owned property to the affiliated company THEODORON Single-Member S.A. for the Management of Urban Investments (THEODORON MAEDA), for a total consideration of €1.3 million.

Property Details
The transaction concerns an independent horizontal property located at 14 Nikita Street in Piraeus. The property comprises:

• Half undivided ownership of “Store 1,” with a ground floor area of 720.20 sq.m.
• Mezzanine of 82.41 sq.m.
• Basement space designated as “Storage 1” with an area of 534.64 sq.m.

It is noted that the air rights are not included in the transfer and remain 100% owned by the company.

Preliminary Notarial Agreement Within the Quarter
The transaction will be formalized through the signing of a notarial preliminary agreement within the current quarter. The preliminary agreement will include standard terms applicable to real estate sales and a down payment of at least €300,000.

The final transfer agreement will be executed once all necessary procedures have been completed, including urban planning and cadastral issues, the electronic building identity, and other technical matters related to the property.

Independent Transaction Assessment
The Board’s decision followed an evaluation report prepared by the independent auditing firm Business Strategy Audit & Assurance Services I.K.E. on 6 March 2026, assessing the fairness and reasonableness of the transaction. The report was approved by the Board.

The contract approval was granted in accordance with the applicable regulatory framework for related-party transactions, with all required publicity procedures duly observed.