19 Feb 2024
minutes read

Reply to the query dated 19.2.2024 and under Protocol Number 444 of Hellenic Capital Market Committee

In reply to the query made by Hellenic Capital Market Committee under the letter dated 19.2.2024 and with regard to articles recently appeared in daily and electronic press, MOTOR OIL (HELLAS) CORINTH REFINERIES SA (hereinafter the Company) hereby informs the public as follows:

The Company conducts on a continuous basis discussions entailing the prospect of collaboration with other companies active in economic sectors related to the four (4) major pillars (Refining Supply & Trading, Retail & Mobility, Renewable Energy, Alternative Fuels & Cyclical Economy) of the MOTOR OIL Group energy transition strategy with time horizon the year 2030 (TARGET 2030 Strategy) with the aim of achieving further development of the activities of the Group and finding potential synergies.

For the avoidance of any doubt, neither any agreement exists nor any offer (binding or not) has been submitted by the Company to ELLAKTOR S.A. for the acquisition of the stake the latter holds in HELECTOR S.A.

In accordance with its standard practice, the Company proceeds to public announcements, as per its statutory obligations, provided and once there is a fact giving rise to a disclosure obligation pursuant to article 17 of the Regulation (EU) 596/2014 and the regulations of Athens Exchange.

The above apply also with regard to the commentary on the press releases mentioned in the above captioned Hellenic Capital Market Committee letter.

The present notification is made in accordance with the Regulation (EU) 596/2014 of the European Parliament, the European Council and in reply to a relevant query made by the Hellenic Capital Market Committee.

Maroussi, 19 February 2024

The Board of Directors