Exercise of Call Option by the Issuer for the Early Redemption of the Entire Principal Amount of the Bonds

Marousi, 12 June 2025

LAMDA Development S.A. (the "Company" or the "Issuer") hereby informs investors that, in accordance with Terms 9.3.2. and 9.3.4. of the Bond Program dated 12 July 2022 (the "Bond Program") for the issuance of the Company’s Common Bond Loan, the Board of Directors of the Company, by its resolution dated 28 May 2025, approved the exercise of the call option for the early redemption of the entire principal amount of the Bonds, in accordance with Terms 9.3.2. and 9.3.4. of the Bond Program, during the end of the sixth (6th) Interest Period, i.e., on Monday 14 July 2025 and the Company will pay the eligible Bondholders the amounts provided for under Term 9.3.2. of the Bond Program, namely:

(i) the nominal principal amount of each Bond being redeemed, plus accrued interest and other Expenses and Taxes, i.e., an amount of €1.023,7611111111 per Bond, and

(ii) an additional amount (premium) equal to one percent (1%) of the principal being redeemed for each Bond, i.e., an amount of €10 per Bond.

Accordingly, for each Bond being redeemed, eligible Bondholders will receive a total amount of €1.033,7611111111.

The Company irrevocably undertakes to pay the above Debt amount at the end of the sixth (6th) Interest Period, i.e., on Monday, 14 July 2025.

As a result of the full and complete repayment of the Bonds, including all outstanding accrued interest, Expenses and Taxes, and the payment of the premium amount as described above, at the end of the sixth (6th) Interest Period, i.e., on Monday, 14 July 2025, the fully and completely repaid Bonds shall be cancelled, in accordance with the Operating Rules of the Hellenic (Greek) Central Securities Depository.