Hellenic for Telecommunications and Telematic Applications S A : CBL ANNOUNCEMENT_EARLY TOTAL REPAYMENT

15.04.2021

Forthnet S.A.

Announcement

The Company under the name "HELLENIC TELECOMMUNICATIONS & TELEMATICS APPLICATIONS SOCIETE ANONYME" and the distinctive title "FORTHNET S.A." (hereinafter referred to as the "Company" or "Issuer") following its announcement dated 08.04.2021, regarding its resolution to exercise the Right of Early Total Repayment of the Convertible Bond Loan, issued by the Company, of a total nominal value of €70,124,679.90 and issue date 11.10.2016 (hereinafter the "CBL" ), informs the investing public of the following:

• The Last Date of Trading of the CBL Convertible Bonds was defined to be on April 19th, 2021, the day being Monday.
• The Date of Exercise of the Right of Early Total Repayment was defined to be on April 21st, 2021, the day being Wednesday. Consequently, as per the term 3.4 of the CBL Program, as amended and in force, the Bondholders, who will be registered in the CSD bonds file on the above date ( 21.04.2021 - Record Date) shall mandatorily participate in the early repayment.
• The Date of Early Total Repayment was defined to be on April 22nd, 2021, the day being Thursday.
• Pursuant to the term 1.13 combined with the term 3.4 case b) of the Codified CBL Program, as amended and in force, in the context of the Early Total Repayment, the following amounts shall be paid on Thursday, 22.04.2021:
• 1. an amount of €0.33 per Convertible Bond, i.e. 110% of the Issue Price (the
     "Return"), and
  2. the corresponding accrued interest on the Convertible Bonds being prepaid, from the last Interest Accrual Date until the immediately following annual anniversary of the Issue Date, ie. from 01.04.2021 until 11.10.2021.

The gross interest amount for this period amounts to 426.09 euros, ie. 0.0016166667 euros per bond, which has been calculated at an annual interest rate of 1.00% (before tax) and corresponds to 263,560 remaining bonds, currently traded on the Athens Exchange.

Therefore, for each bond with a nominal value of €0.30, the beneficiaries of the bonds (hereinafter "the Bondholders") will receive an amount of €0.33 which regards a "Return" and an additional gross amount of interests of €0,0016166667 (before tax).

The payment of the above amounts to the Bondholders shall be made through "GREEK CENTRAL SECURITIES DEPOSITORY SA" (ATHEXCSD) on Thursday 22.04.2021 as follows:

1. Through the Cash Settlement Accounts of Participants acting on behalf of the Bondholders, according to section 2.12.1 ("Procedures for the receipt of dividends or other cash distributions") of the ATHEXCSD Rulebook.
2. Especially for the cases of payment of the above amounts to heirs of decedent beneficiaries whose bonds are held in the Special Account of their Investor Account in the DSS, under ATHEXCSD's operation, the payment of due interest to the legal heirs shall be made a) through ATHEXCSD within one (1) year from the date of the coupon payment date, and b) through money deposit at the Deposits and Loans Fund (DLF) following the lapse of one (1) year.

For more information Messrs. Bondholders are kindly requested to contact the Company's Investors' Relations Department, tel. no. [phone].