Announcement regarding business developments related to the Ellinikon project

Completion of the selection process for the Project Management Consultant for Buildings

Maroussi, 23 December 2021

LAMDA DEVELOPMENT S.A. (hereinafter the “Company”), in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, informs the investing public that the process for the selection of the Project Management Consultant for Buildings has been completed. The consultant will be the consortium between Mace and Jacobs, companies with international reputation and experience in the management of construction projects of significant size, economic value as well as degree of complexity.