23 March 2023

Commencement of Trading of AUSTRIACARD HOLDINGS Shares on the Main Market of the Athens Stock Exchange

"We are all very pleased that the Athens Stock Exchange is one of the two European stock exchanges where the simultaneous listing of AUSTRIACARD HOLDINGS shares is taking place today, following the completion of its cross-border merger with INFORM LYKOS, a long-standing company listed on the Athens Stock Exchange," stated the CEO of the Athens Exchange Group, Mr. Yianos Kontopoulos, in his address. He further emphasized: "Twenty-nine years later, INFORM LYKOS shareholders become shareholders of a larger entity in the fields of Digital Security and Information Management, now valued at approximately €240 million. Moreover, the new company will have increased access to financing, greater growth prospects, an expanded range of services and products, entry into new markets, and consequently, greater international recognition. All these factors mark a highly dynamic start for AUSTRIACARD on the Athens and Vienna Stock Exchanges. Furthermore, the management's intention to further increase the company's free float in the coming months sends a strong message to shareholders, reinforces corporate governance, and ultimately enhances the company's overall standing."

For his part, the Group CEO of AUSTRIACARD HOLDINGS, Mr. Panagiotis Spyropoulos, stated: "Today marks a milestone for AUSTRIACARD HOLDINGS Group. With 126 years of uninterrupted history and a successful market presence, with our historical roots in Greece, and having expanded our business footprint across three continents in recent years, the Group is now reunited under the umbrella of AUSTRIACARD HOLDINGS. The commencement of trading of our shares on the Athens and Vienna Stock Exchanges will grant an internationally operating high-tech Group the recognition it deserves, as well as access to global financial markets to further drive our growth." He added: "I would like to extend my sincere gratitude to everyone who contributed to the successful completion of our listing on both European stock exchanges—our external partners, our internal team, as well as the teams of the Athens Stock Exchange and the Hellenic Capital Markets Commission. I would also like to thank our 2,500 employees working across the Group, in our seven production facilities located in the United Kingdom, Andorra, Austria, Romania, and Greece; in our eight personalization centers in the United States, the United Kingdom, Spain, Austria, Poland, Romania, Greece, and Turkey; and in our sales offices across three continents, for their hard work and dedication. Our goal is to build a Group of global business reach, through organic growth as well as potential strategic acquisitions, expanding our portfolio of products, services, and solutions, as well as our geographical footprint. I firmly believe that we have all the necessary assets to continue developing the Group in the future: 126 years of uninterrupted history and successful market presence, a continuously expanding portfolio of products, services, and solutions tailored to our customers' needs, strong technological expertise and an R&D department with extensive know-how, an experienced international management team, and a vision to take AUSTRIACARD to the top. This is what we intend to pursue with all our strength."

The A’ Vice President of the Hellenic Capital Markets Commission, Mr. Nikos Kontaroudis, also congratulated the management and executives of AUSTRIACARD, the Athens Stock Exchange, the Hellenic Capital Markets Commission, and all those who contributed to the success of the initiative, wishing the company equal success in its future endeavors.

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