The election of Mr. Kontopoulos as a new member of the Board of Directors will take place at its next meeting.

The agreed cash consideration of the Transaction will reach approximately €98mn (€1.25 per share).

Ikos Odisia of Ikos Resorts is an investment of 125 million euros and is expected to operate in the 2023 season.

There will be a fine of over € 4 million for each semester in delay.

EYDAP will not be involved in the competition

The lease duration will be 23 years with an annual rent of € 31,000.

The yield range which was determined by the Joint Coordinators and Bookrunners at 2.70% - 3.10%.

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