Investor Relations - 22.11.2018

Commencement of absorption procedure of PPCR

Announcement

PPC S.A. announces that, the Board of Directors during its Meeting on 20.11.2018 decided the commencement of the merger procedure by absorption by PPC S.A. of its 100% subsidiary PPC RENEWABLES S.A., the authorization of the Chief Executive Officer for undertaking all relevant decisions and to set December 31st, 2018 as the date of the Transformation Balance Sheet.

Athens, November 22, 2018