Athens – October 04 2024 –FOURLIS HOLDINGS S.A. (Bloomberg: FOYRK:GA - Reuters: FRLr.AT - ISIN: GRS096003009) informs the investment community that the Annual General Meeting of the Company's shareholders dated 21.06.2024, decided, among other issues, to increase the Company's share capital by the amount of three hundred and eighty five thousand and thirty-three euros (€385,033.00) by the capitalization of an equal part of distributable reserves and the issuance of three hundred eighty-five thousand thirty-three (385,033) new common registered shares with a nominal value of one euro (€1.00) each.

Pursuant to the above decision, 385,033 new, common, registered shares were issued, with a nominal value of 1.00 Euro each, which will be distributed for free to senior executives of the Company and its affiliated companies, in accordance with article 114 of Law 4548/ 2018, as applicable.

It is noted that the Company's shareholders did not have a preemptive right to the aforementioned share capital increase, as it was carried out through the capitalization of the above reserve and in accordance with the provisions of article 27 par. 2 of Law 4548/2018, while in addition no subsequent certification is required of the payment of the increase according to article 20 par. 5 of Law 4548/2018.

For the issuance of the above shares, no publication of a prospectus was required, as it falls under the exception of article 1 par. 5 c. (h) of Regulation (EU) 2017/1129.

The 385,033 new shares issued represent 0.74% of the number of shares of the same category that are already listed for trading on the Athens Stock Exchange market.

Following the above increase of the share capital, the Company's share capital will amount to fifty-two million five hundred and sixteen thousand nine hundred and seventy-seven euros (€52,516,977.00) divided into fifty-two million five hundred and sixteen thousand nine hundred and seventy-seven (52,516,977) registered shares with a nominal value of one euro (€1.00) each.

On 15.07.2024, the decision of the Department of Listed Companies, No. 3323893 AP/15-07-2024 was filed in the Hellenic Business Registry (“G.E.M.I.”), with Entry Number 4298428, of the General Secretariat of Commerce, Department of Market & Consumer Protection of the Ministry of Development, which approved the amendment of Article 3 (Share Capital) of the Company's Articles of Association, as a result of the aforementioned share capital increase.

The Athens Stock Exchange on 04.10.2024 approved the admission to trading on the Stock Exchange of the above new free shares.

The New Shares are expected will be admitted for trading on 08.10.2024, while the opening price will be determined in accordance with the Rulebook of the Athens Stock Exchange and the resolution of the Board of Directors of the Stock Exchange No. 26, as applicable. The New Shares will be deposited in the records of the Greek Central Securities Depository (ATHEXCSD) and in the accounts held by the Beneficial Owners in the Dematerialized Securities System (D.S.S.) of the Stock Exchange.

For more information, shareholders may contact the Investor Relations & Corporate Communications department during working days and hours (ir@fourlis.gr and tel.: 210 6293254).