PRESS RELEASE

NBG announces the expiration of the agreement for the sale of 75% of its subsidiary Ethniki General Insurance S.A. to EXIN Financial Services Holding B.V.

Athens, 29/03/2018

On 29 June 2017, National Bank of Greece S.A. (“NBG) announced the divestiture of a 75% stake in Ethniki General Insurance S.A. (“Ethniki”) to EXIN Financial Services Holding B.V. subject, amongst others, to certain conditions and approval from the relevant Competition Authorities and the Bank of Greece.

On 28 March 2018, which was the last date (“Longstop Date”) for EXIN to fulfil certain condition precedents specified in the Share and Purchase Agreement (“SPA”) entered into between NBG and EXIN, NBG took note that such condition precedents were not fulfilled and henceforth decided to terminate the SPA and will examine alternative options.