Announcement of Bond Redemption and Termination of Trading

Maroussi, 2 JMaroussi, 2 July 2025

LAMDA Development S.A. (the "Company" or the "Issuer")’) announces, in accordance with the terms of the Common Bond Loan (‘CBL’) Program dated July 12, 2022, and following the Company’s announcement dated  12.06.2025 regarding the exercise of the call option for the early redemption of the entire principal amount of the Bonds, that the last trading day on the Athens Exchange for the Bonds issued and allocated through a public offering in the Fixed Income Securities Category of the Regulated Market of the Athens Exchange will be Wednesday, July 9, 2025.

According to the terms of the CBL Program, the record date for the bondholders entitled to interest for the sixth Interest Period is set for Friday, July 11, 2025.

In accordance with the provisions of the CBL Program, on Monday, July 14, 2025, the following will be paid:

(i) The gross amount of interest due for the sixth Interest Period, which amounts to €23.7611111111 per bond with a nominal value of €1,000.00, calculated in accordance with the terms of the CBL, i.e. a total amount of €5,465,055.56 for all Bonds currently listed on the regulated market of the Athens Exchange. 

(ii) The total nominal value of the Bonds, €230,000,000.00, i.e. €1,000.00 per redeemed Bond.

(iii) A premium amount per Bond, equal to 1.0% of the nominal value of each redeemed Bond, i.e. €10.00 per redeemed Bond, and a total amount of €2,300,000.00 for all Bonds currently listed on the regulated market of the Athens Exchange.

Accordingly, for each Bond to be redeemed, bondholders will receive a total amount of €1,033.7611111111.

The payment of the accrued interest to the bondholders will take place though the “HELLENIC CENTRAL SECURITIES DEPOSITARY S.A.” (ATHEXCSD) on Monday July 14, 2025, as follows:

1. Through the operators of the beneficiaries in the Dematerialized Security System (D.S.S.) (mainly credit institutions and investment firms licensed to provide the ancillary service of safekeeping and administration of financial instruments) for the bondholders that have authorized their operators for the collection, according to the Operations Regulation of the ATHEXCSD.

2. Specifically, in cases of interest payments to heirs of deceased beneficiaries whose titles are kept in the Special Account of their Share in D.S.S., under the management of ATHEXCSD, the payment of the interest to the lawful heirs will be according to the Application for the Provision of Cash Distribution Management Services a) through ATHEXCSD within one (1) year from the date of payment of interest, at the offices of the Payment Administrator at 110 Athinon Avenue, in Athens, daily from 9:00 a.m. to 4:00 p.m., or to a bank account designated by the heirs of deceased bondholders to the Payment Administrator, through a written request; and  b) through a cash deposit in the Deposits and Loans Fund (TPD) after the lapse of one (1) year, which will be arranged by ATHEXCSD.

All types of incorporation-related expenses (indicatively but not limited to, TPD fees and duties, etc.) shall be borne by the beneficiaries.

It is clarified that, according to current legislation, the right to collect outstanding amounts becomes time-barred five (5) years after the end of the year in which the claim arose (i.e., for the above-described amounts, until December 31, 2030). Following the expiration of this statutory limitation period, any uncollected amounts shall be definitely forfeited in favor of the Hellenic Republic.