Hellenic for Telecommunications and Telematic Applications S A : CBL ANNOUNCEMENT-BONDHOLDERS' MEETING - RESOLUTIONS

Announcement

"HELLENIC TELECOMMUNICATIONS AND TELEMATIC APPLICATIONS S.A." GEMI registration number 77127927000 (hereinafter the "Company")

Notification for the resolutions of the Repeat Bondholders' Meeting of the Convertible Bond Loan, of a capital of Euro up to 99,087,466.50 with the issuance of bonds convertible to new common nominal shares of a nominal value of €0.30 each (hereinafter the "Convertible Bond Loan"), issued by the Company.

Following the invitation dated 23.03.2021 together with the Company's announcement dated 24.03.2021, regarding the convocation of a Meeting of the Bondholders of the Convertible Bond Loan issued by the Company and its announcement dated 02.04.2021, the Company announces that on April 7th, 2021, the day being Wednesday and at 11.00 a.m., in the offices of the Issuer, and in particular at the branch of Pallini, extension of Manis Str., P.C. 15351, Kantza, Attica, the Repeat Bondholders' Meeting of the Convertible Bond Loan issued by virtue of the Program for the issuance of convertible bonds pursuant to Law 3156/2003 and dated 13.09.2016, as in force following its amendment by virtue of the resolution of the Bondholders' Meeting dated 27.05.2020 and of the Issuer's Board of Directors dated 05.06.2020 was held.

In this Repeat Bondholders' Meeting which, as per the term 6.2.4 of the CBL Program, is considered to have a quorum irrespective of the portion of the CBL's unpaid capital that is represented therein, Bondholders were present, either in person or by a representative, representing in total 2,199 bonds, who unanimously voted for the sole item on the business of agenda.

More specifically, the Repeat Bondholders' Meeting unanimously approved of the amendment of the term 3.4 of the CBL, regarding the Issuer's early prepayment right, by adding a case b) as below (the "Amendment"), as below:

"a) The Issuer reserves the right of early, total or partial repayment at each annual anniversary of the Issue Date by decision of their Board of Directors, on condition of prior notification to the Bondholders, the Authorised Payments Officer, the Representative of the Bondholders and the ASE with a publication in the Daily Price Bulletin of the ASE at least ten (10) working days prior to early repayment and notification of the CSD, in accordance with the DSS Regulation.

In case of early partial repayment of the CBL, early repayment shall concern the amount corresponding to an integer number of Convertible Bonds, which shall be allocated between the Bondholders according to their participation in the CBL. In case the number of its Convertible Bonds or more Bondholders that are to be partially repaid is not an integer number, partial early repayment shall be carried out after

rounding up the largest fractional rights to the next integer number until the total

number of Convertible Bonds to be repaid has been completed, with the details included in the relevant decision of the Issuer.

In case of the above early repayment, the Issuer shall pay to the Bondholders, other than the capital and Return corresponding to the Convertible Bonds that they prepay, the corresponding accrued interest on such amounts from the last Interest Accrual Date until the date on which early prepayment takes place.

Bondholders registered in the CSD bonds file on the date of the annual anniversary of the Issue Date shall participate in early repayment, on condition that they have not exercised the Conversion Right, as defined below.

1. It is particularly provided that, in case the initiation of procedures for the exercise of the squeeze-out right of the Company's shareholders pursuant to article 27 of L. 3461/2006 or/and for the delisting of all the Issuer's shares from ATHEX is either imminent or such procedures have already started, the Issuer reserves the right of early total repayment anytime, even prior to each annual anniversary of the Issue Date by decision of their Board of Directors, on condition of prior notification to the Bondholders, the Authorised Payments Officer, the Representative of the Bondholders and the ASE with a publication in the Daily Price Bulletin of the ASE at least ten (10) calendar days prior to early repayment and notification of the CSD, in accordance with the DSS Regulation.

In this case, the Issuer shall pay to the Bondholders, other than the capital and Return corresponding to the Convertible Bonds that they prepay, the corresponding accrued interest on such amounts from the last Interest Accrual Date until the immediately following annual anniversary of the Issue Date.

The Bondholders, who are registered in the CSD bonds file on the date of the exercise of the early repayment right by the Issuer, as this date results from the relevant announcement in the ASE and the Daily Price Bulletin of the ASE, shall mandatorily participate in early repayment. The exercise of the above early repayment right by the Issuer leads ipso iure to the abolition of the conversion right of the Convertible Bonds.".

Athens, April 7th, 2021

______________________

For the Bondholders' Representative

The Chairwoman of the Meeting	The Meeting's Secretary
Dimitra Mantzouki	Xydis Efthimios