Payment of Dividend for the fiscal year 01.07.2020 - 30.06.2021

The company PHILIPPOS NAKAS SA, in accordance with the decision of the Ordinary General Meeting of Shareholders of December 7th 2021 and the provisions of paragraphs 4.1.3.4 and 5.2 of the ATHEX Regulation, announces the following:

The dividend for the fiscal year 01.07.2020 - 30.06.2021 amounts to Euro 0,170 per share. From the amount of the dividend, it will be withholded in favour of the Greek State a 5% tax, according to the article 24, par. 1 of Law 4646/2019 and therefore the net dividend per share will be Euro 0,1615.

The cut-off date for the dividend was set on Friday, December 10th 2021. It is clarified that according to the new ATHEX regulation, corporate operations from 01.01.2009 are based on the "record date" rule, where the beneficiaries of the dividend for the fiscal year 01.07.2020-30.06.2021 are the registered shareholders in the DSS records on Monday, December 13th 2021. The payment of the dividend will begin on Thursday, December 16th 2021.

According to article 5.5 of the ATHEX Regulation and after the resolution of the company's B.o.D. on 08.12.2021, the payment of the dividend will be effected through Alpha Bank from the 16th of December 2021 until the 15th of December 2022 as follows:

- Through the participants in the Dematerialized Securities System (DSS) i.e. Banks and Brokerage/Securities Companies, according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD) and the relevant decisions of ATHEXCSD ("ALPHA BANK" (Dept. of Corporate Operations, Athinon Ave. 103, 10447, tel: 210 3436704, contact person Mrs. Evi Apistola).
- Especially in cases of payment of the interim dividend to the legal heirs of deceased entitled shareholders, whose securities are kept in the Special Account of their S.A.T. ID in the DSS under ATHEXCSD custody, the disbursement process will be facilitated, following completion of the inheritance procedural steps, through any branch of ALPHA BANK network.


After the 15th of December 2022 the payment of the dividends will be possible only at the company's headquarters (19th km. Leof. Lavriou, 190 02 Peania, Attiki, tel.: 210 6686101 Investors Relations dept.).

Dividends which remain uncollected within a period of five (5) years become invalid for the owner, in favour of the Greek State.

Peania, December 8th , 2021
The B.o.D.