12/05/2023 - Marfin Investment Group SA Holdings: MIG: COMPLETION OF THE EXCHANGE OF THE TOTAL PARTICIPATION IN ATTICA GROUP (79.383%) FOR THE ENTIRETY OF THE COMPANY 'S BOND LOANS .FULL AND COMPLETE REPAYMENT OF THE COMPANYΆS BORROWINGS AMOUNTING TO EURO 443.8 M.

12/05/2023

ANNOUNCEMENT

COMPLETION OF THE EXCHANGE OF THE TOTAL PARTICIPATION IN ATTICA GROUP (79.383%) FOR THE ENTIRETY OF THE COMPANY'S BOND LOANS

FULL AND COMPLETE REPAYMENT OF THE COMPANY'S BORROWINGS

AMOUNTING TO €443.8 M.

Further to its Announcements dated 13/12/2022, 15/12/2022, 06/03/2023 (2) and 24/04/2023, "MIG Holdings S.A." (hereinafter "MIG") hereby informs the investors that the transaction between MIG and "STRIX Holdings L.P." was completed today, i.e.:

1. the exchange of 22,241,173 shares representing 10.306% in the share capital of ATTICA GROUP, directly owned by MIG, and the entirety of the shares of MIG's wholly owned subsidiary "MIG SHIPPING S.A.", which owns 149,072,510 shares representing
   69.077% in ATTICA GROUP's share capital, for the entirety of the bonds of the standard bond loan ("SBL") issued by MIG on 14/05/2021, and the convertible bond loan ("CBL") issued by MIG on 31/07/2017, with a total current outstanding balance of a nominal value of €443.8 m., and
2. the amendment of the Programmes of the above mentioned bond loans of MIG in order to explicitly provide that the entirety of the above bonds of the SBL and the CBL shall bear no interest for the current interest periods, which started on 16/05/2022 and 28/04/2022, respectively.

Following the acquisition of the entirety of the bonds of the SBL and the CBL, MIG proceeded to the cancellation of the entirety of the own bonds acquired, in accordance with article 62 para. 2 section 1 of Law 4548/2018, and as a result, MIG's borrowings amounting to €443,8 m. have been fully and completely repaid.