HELLENIC TELECOMMUNICATIONS

ORGANIZATION S.A.

SIX MONTHS FINANCIAL REPORT

For the period

from January 1, 2021 to June 30, 2021

(TRANSLATED FROM THE GREEK ORIGINAL)

In accordance with Article 5 of Law 3556/2007

TABLE OF CONTENTS

  1. STATEMENTS OF MEMBERS OF THE BOARD OF DIRECTORS
  1. HALF YEAR REPORT OF THE BOARD OF DIRECTORS
  1. AUDITOR'S REPORT ON REVIEW OF INTERIM FINANCIAL INFORMATION

IV. INTERIM CONDENSED FINANCIAL STATEMENTS (CONSOLIDATED AND SEPARATE)

  1. FINANCIAL DATA AND INFORMATION
  1. STATEMENTS OF MEMBERS OF THE BOARD OF DIRECTORS

STATEMENTS OF MEMBERS OF THE BOARD OF DIRECTORS

(In accordance with article 5 par. 2 of Law 3556/2007)

The members of the Board of Directors of HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A.:

  1. Michael Tsamaz, Chairman and Managing Director
  2. Eelco Blok, Vice Chairman, Independent- Non Executive Member of the Board of Directors
  3. Charalampos Mazarakis, Executive Board Member

We confirm that to the best of our knowledge:

  1. The Interim Condensed Financial Statements (Consolidated and Separate) of the HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A. for the period January 1, 2021 to June 30, 2021, which have been prepared in accordance with the applicable accounting standards, provide a true and fair view of the assets and liabilities, the owners' equity and the results of the Company and of the companies included in the consolidation taken as a whole, in accordance with the provisions of paragraphs 3 to 5 of article 5 of L. 3556/2007.
  2. The report of the Board of Directors for the first half of the year provides a true and fair view of the information required according to paragraph 6 of article 5 of L. 3556/2007, i.e. the significant events of the 1st half of the year and their impact on the six months financial statements, the development, performance and the financial position of the Company and the companies included in the consolidation taken as a whole, the description of the risks and uncertainties for the 2nd half of the year as well as the material transactions between the Company, its consolidated companies and other related parties.

Maroussi, August 4, 2021

Chairman

& Managing Director

Vice Chairman of the BoD

Board Member

Michael Tsamaz

Eelco Blok

Charalampos Mazarakis

The two members of the Board of Directors, who have signed the above statements, have been authorized to do so in accordance with the decision of the Company's Board of Directors of August 4, 2021.

4

  1. HALF YEAR REPORT OF THE BOARD OF DIRECTORS

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OTE - Hellenic Telecommunications Organization SA published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2021 09:15:03 UTC.