P G Nikas S A : ANNOUNCEMENT ABOUT PAYMENT OF CASH FROM SALE OF SHARES

Announcement

Agios Stefanos, July the 13^th 2021

'PANAGIOTIS G. NIKAS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY' (hereinafter the 'Company') following the announcement, as of July 1^st, 2021, regarding the process of sale of its 855 common registered shares that resulted, as fractional balances, from the following corporate actions:

a) the reverse split (10:1) on March, the 28^th, 2017 and reduction of the total number of the existing shares of the Company from 20,231,328 to 2,023,132 new common registered, with the right to vote, shares according to decision with no.:29950 / 13.03.2017 of the General Secretariat of Commerce and Consumer Protection and

b) the reverse split (3:1) on November, the 17^th, 2020 and reduction of the total number of existing shares of the Company from 119,596,817 to 39,865,605 new common registered, with the right to vote, shares according to decision with no: 116526 / 04.11.2020 of the General Secretariat of Commerce and Consumer Protection.

announces that Eurobank Equities, on July 19^th, 2021, will start paying the money and in particular will return €0.40 to the beneficiaries of the fractional balances as shown by the above, item a, corporate action and €1.20 to the beneficiaries of the fractional balances as they result from the above, under point b, corporate action.

For any information, shareholders can contact the Shareholders Department of the Company, tel. [phone].

The Board of Directors