MARFIN I.G :Binding offer for the sale of MIG’S participation in «VIVARTIA»

17/09/2020

ANNOUNCEMENT

BINDING OFFER

FOR THE SALE OF MIG'S PARTICIPATION IN "VIVARTIA"

"MARFIN INVESTMENT GROUP HOLDINGS S.A." (MIG) hereby announces to the investors that on 17/9/2020 it received a binding offer from the investment funds of "CVC CAPITAL PARTNERS" ("CVC") for the sale of its entire stake in "VIVARTIA HOLDINGS S.A." ("VIVARTIA"). The offer is subject to the usual terms and conditions for transactions of such kind (final approval by CVC's competent corporate bodies, agreement as to the specific terms of the share purchase agreement). MIG's Board of Directors at today's meeting decided to grant to CVC an exclusivity period for the negotiations and the completion of the agreement until 6/11/2020 (inclusive). During this period MIG will proceed to the appointment of a financial adviser to support the company at the stage of negotiations and examine whether the transactions terms to be agreed upon are reasonable and fair.