Initiation of a Share Buyback Program

HELLENiQ ENERGY Holdings A.E. (the “Company”), pursuant to a) the decision of the Annual General Meeting of shareholders of 25 June 2026 (the “General Meeting”) which approved the adoption of a share buyback program (the “Buyback Program”) and the provision of relevant authorization for its implementation to the Board of Directors and b) the decision of the Company’s Board of Directors of 5 August 2026, announces its intention to commence the implementation of the Buyback Program. The purpose of the Buyback Program is to facilitate the free distribution of the Company’s shares to its executives, as well as to executives of companies affiliated with it within the framework of its long-term share distribution program, which was established by the General Meeting of 27 June 2024.

The maximum number of own shares that may be acquired under the Buyback Program amounts to 1,500,000 shares, corresponding to 0.491% of the Company’s issued share capital, with a minimum purchase price of €5.00 and a maximum purchase price of €20.00 per share. The Buyback Program will be in effect for a period of 24 months, commencing from the date of approval by the General Meeting, i.e. until 25 June 2028. The exact amount to be allocated for the acquisition of own shares shall be contingent upon the prevailing share price throughout the repurchase period and shall not, under any circumstances, exceed €30m (maximum repurchase price applied to the maximum number of shares).

This announcement is issued in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014, EU Delegated Regulation 2016/1052 of 8 March 2016 and Resolution No. 25 of the Stock Markets Steering Committee of Euronext Athens.

Initiation of a Share Buyback Program

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